GRWG

Q1 2026 earnings reported net sales of $38.4 million, up 7.5% year-over-year and exceeding expectations, with net loss improving by 48% and proprietary brand sales reaching 37.0% of Cultivation and Gardening net sales. Q2 2026 earnings showed net sales of $43.2 million, a 5.5% year-over-year and 12.6% sequential increase, marking the third consecutive quarter of year-over-year revenue growth, achieving positive Adjusted EBITDA of $0.3 million, and narrowing GAAP net loss to $2.0 million, which led to an approximate 26% stock jump. For full year 2026, the company reaffirmed net revenue guidance of $162 million to $168 million and raised Adjusted EBITDA guidance to $2 million to $3 million, with Q3 2026 net revenue projected between $44 million and $46 million. In March 2026, the Board authorized a share repurchase program for up to $10 million of common stock, under which 700,000 shares were repurchased at an average price of $1.38. GrowGeneration presented at the H.C. Wainwright 28th Annual Global Investment Conference in September 2026.