The earnings call reflects a mix of positive developments, such as growth in proprietary brand sales, improved gross margins, and international expansion, alongside challenges like a decline in net revenue and ongoing adjusted EBITDA losses. The company's strategic initiatives and strong cash position provide a foundation for future growth, but current financial performance remains pressured by past downturns and external challenges.

Company Guidance

During the GrowGeneration Second Quarter 2025 Earnings Conference Call, the company provided guidance indicating expected revenue for the third quarter of 2025 to exceed $41 million. This follows a second quarter where net revenue reached approximately $41 million, surpassing their guidance by $1 million. The company highlighted improvements in gross margin, which increased to 28.3% from 26.9% in the previous year, driven by a higher proportion of proprietary product sales, which rose to 32% of total revenue from 21.5% last year. Additionally, store and operating expenses decreased by 23%, and SG&A expenses fell by 13.4%, reflecting cost discipline. GrowGeneration also emphasized their strategic shift towards a B2B-focused business, including the launch of their digital B2B platform, GrowGen Pro Portal, and their expansion into the home gardening market through the acquisition of Viagrow. Despite a net loss of $4.8 million for the quarter, the company remains optimistic about future growth, supported by a strong balance sheet with $48.7 million in cash and no debt.

Growth in Proprietary Brand Sales

Proprietary product sales accounted for nearly 32% of total revenue, up from 21.5% in the same period last year, indicating strong growth in proprietary brands like Char Choir, Drip Hydro, and The Harvest Company.

Improved Gross Margins

Gross margins expanded to 28.3% in the second quarter compared to 26.9% for the same period in 2024, driven by increased private label penetration and enhanced procurement discipline.

Successful Digital Transformation

The GrowGen Pro Portal, a digital B2B platform, launched in April and gained significant traction with commercial customers, enhancing operational efficiencies across the supply chain.

International Expansion

Signed a distribution agreement with V1 Solutions for the European Union and launched a proprietary product line in Costa Rica, expanding GrowGeneration's international presence.

Strong Cash Position

Ended the quarter with $48.7 million in cash, cash equivalents, and marketable securities and no debt, providing flexibility for growth initiatives.

MMI Storage Solutions Segment Growth

MMI Storage Solutions posted $8.1 million in revenue for the quarter, up over 69% sequentially, indicating strong demand across product lines.

GrowGeneration (GRWG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GRWG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	-0.08 / -	-0.19	―	―	―
Aug 11, 2025	2025 (Q2)	-0.10 / -0.08	-0.1	20.00% (+0.02)	―
May 08, 2025	2025 (Q1)	-0.14 / -0.16	-0.14	-14.29% (-0.02)	―
Mar 13, 2025	2024 (Q4)	-0.18 / -0.39	-0.44	11.36% (+0.05)	―
Nov 12, 2024	2024 (Q3)	-0.11 / -0.19	-0.12	-58.33% (-0.07)	―
Aug 08, 2024	2024 (Q2)	-0.08 / -0.10	-0.09	-11.11% (-0.01)	―
May 08, 2024	2024 (Q1)	-0.11 / -0.14	-0.1	-40.00% (-0.04)	―
Mar 13, 2024	2023 (Q4)	-0.13 / -0.44	-0.25	-76.00% (-0.19)	―
Nov 08, 2023	2023 (Q3)	-0.11 / -0.12	-0.12	0.00% (0.00)	―
Aug 08, 2023	2023 (Q2)	-0.08 / -0.09	-2.24	95.98% (+2.15)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GRWG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 11, 2025	$1.26	$1.49	+18.25%
May 08, 2025	$1.23	$1.04	-15.45%
Mar 13, 2025	$0.97	$1.05	+8.25%
Nov 12, 2024	$1.73	$1.87	+8.09%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does GrowGeneration (GRWG) report earnings?

GrowGeneration (GRWG) is schdueled to report earning on Nov 05, 2025, Before Open (Confirmed).

What is GrowGeneration (GRWG) earnings time?

GrowGeneration (GRWG) earnings time is at Nov 05, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GRWG EPS forecast?

GRWG EPS forecast for the fiscal quarter 2025 (Q3) is -0.08.

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