Denver-based GrowGeneration (GRWG) operates hydroponic retail stores across 12 states. The company continues to expand its footprint through acquisitions. Let’s take a look at GrowGeneration’s latest financial performance, acquisitions, and risk factors. GrowGeneration’s Q2 Financial Results and 2021 Guidance The company reported a 190% year-over-year increase in revenue to $125.9 million in the second quarter, surpassing consensus estimates of $111.69 million. EPS came to $0.11, compared to $0.06 in the same quarter last year. GrowGeneration ended Q2 with $124.5 million in cash and short-term securities. For full-year 2021, the company raised its revenue guidance to $455 million - $475 million, versus the consensus estimate of $459 million.
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Growgeneration (NASDAQ:GRWG)
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Growgeneration (NASDAQ:GRWG)
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From Oct 2020 to Oct 2021 Click Here for more Growgeneration Charts.