GrowGeneration Earnings Miss Estimates in Q3, Revenues Dip Y/Y
GRWGGrowGeneration(GRWG) ZACKS·2024-11-15 02:00

GrowGeneration Corp. (GRWG) reported a loss per share of 19 cents in the third quarter of 2024, wider than the Zacks Consensus Estimate of a loss of 11 cents. The company had reported a loss of 12 cents in the third quarter of 2023.GrowGeneration generated revenues of $50 million in third-quarter 2024, which declined 10.1% year over year due to 25 fewer retail locations. The top line surpassed the consensus estimate of $48.9 million.Comparable store sales in the quarter improved 12.5% from the prior year.Fi ...