An update from GrowGeneration ( (GRWG) ) is now available.
On March 13, 2025, GrowGeneration Corp. announced its financial results for the fourth quarter and full year of 2024, highlighting a net sales decline to $188.9 million due to the consolidation of 19 retail locations and strategic restructuring. Despite a net loss of $49.5 million, the company improved its proprietary brand sales and launched a new B2B e-commerce platform, aiming for profitability and growth in 2025 with expected revenue between $170 million to $180 million.
More about GrowGeneration
GrowGeneration Corp. is one of the largest retailers and distributors of specialty hydroponic and organic gardening products in the United States, focusing on business-to-business (B2B) customers.
YTD Price Performance: -41.14%
Average Trading Volume: 701,422
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $59.84M
See more data about GRWG stock on TipRanks’ Stock Analysis page.