Quarterly ResultAug 11, 2026, 05:32 PM
GrowGeneration Q2 Net Sales $43.2M, Net Loss $(2.0)M; Repurchases $1.0M Stock
AI Summary
GrowGeneration Corp. reported improved financial results for Q2 2026, with net sales increasing to $43.2 million from $41.0 million in the prior year period, and net loss narrowing to $(2.0) million from $(4.8) million. For the first half of 2026, net sales grew to $81.6 million, while net loss significantly reduced to $(6.9) million. The company also initiated a share repurchase program, buying back $1.01 million worth of common stock during the quarter.
Key Highlights
- Q2 2026 net sales increased to $43.2 million from $41.0 million in Q2 2025.
- Q2 2026 net loss improved to $(2.0) million from $(4.8) million in Q2 2025.
- H1 2026 net sales rose to $81.6 million from $76.7 million in H1 2025.
- H1 2026 net loss improved to $(6.9) million from $(14.2) million in H1 2025.
- Board authorized a $10.0 million share repurchase program.
- Repurchased 0.7 million shares for $1.01 million during Q2 2026.
- Cultivation and Gardening segment sales were $34.9 million in Q2 2026.
- Storage Solutions segment sales were $8.3 million in Q2 2026.
Price Impact
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