GrowGeneration Reports Fourth Quarter and Full Year 2022 Financial Results; Provides First Quarter and Full Year 2023 GuidancePosted by On

DENVER–(BUSINESS WIRE)–GrowGeneration Corp. (NASDAQ: GRWG), (“GrowGen” or the “Company”), the largest chain of specialty hydroponic and organic garden centers in the United States, today announced financial results for fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Highlights Compared to Prior Year Net revenues decreased approximately 40% to $54.5 million and same-store sales decreased 51.9% Gross profit decreased to $9.6 million, or 17.6% of net revenues, from $23.

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