GrowGeneration Corp

GrowGeneration Corp. operates through subsidiaries as a developer, marketer, retailer, and distributor of indoor and outdoor hydroponic and organic gardening products in the United States. It has two segments: Cultivation and Gardening, and Storage Solutions. The company sells hydroponic and organic gardening products such as nutrients, additives, growing media, lighting, and environmental control systems through retail locations, commercial sales, wholesale, and its online platform at growgeneration.com under brands including Charcoir, Drip Hydro, Power Si, Ion lights, The Harvest Company, and Viagrow. It also offers customized storage solutions, including high-density mobile storage systems and static shelving, along with accessories and services such as site surveys, floor plan designs, capacity analysis, seismic calculations, permitting, and installation under the Mobile Media or MMI brand for various markets. Formerly known as Easylife Corp., GrowGeneration Corp. was founded in 2008 and is based in Greenwood Village, Colorado.

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GrowGeneration shares jump 27% as Q2 revenue beats expectations

GrowGeneration shares rallied more than 27% in early trading Wednesday after the company reported better-than-expected second-quarter revenue. The company posted Q2 revenue of $43.22 million, beating market estimates by $0.47 million, while its GAAP EPS of negative $0.03 was in line with expectations. Total operating expenses decreased by $2.2 million, or 13.1%, to $14.7 million from $16.9 million a year ago. For Q3 2026, GrowGeneration expects total consolidated net sales between $44 million and $46 million, and for full-year 2026 it reaffirmed net revenue guidance of $162 million to $168 million, with gross margins of 27% to 29% and adjusted EBITDA of $2 million to $3 million.

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