GrowGeneration Corp. (GRWG) Q4 2022 Earnings Call Transcript

Mar. 15, 2023 8:10 PM ETGrowGeneration Corp. (GRWG) StockGRWG
SA Transcripts
153.96K Followers

Q4: 2023-03-15 Earnings Summary

EPS of -$0.25 misses by $0.14
 | Revenue of $54.46M (-39.88% Y/Y) beats by $2.68M

GrowGeneration Corp. (NASDAQ:GRWG) Q4 2022 Results Conference Call March 15, 2023 4:30 PM ET

Company Participants

Clay Crumbliss - IR, ICR
Darren Lampert - Co-Founder and CEO
Greg Sanders - CFO

Conference Call Participants

Mark Smith - Lake Street Capital
Brian Nagel - Oppenheimer
Chris Carey - Wells Fargo
Eric Des Lauriers - Craig-Hallum Capital Group
Aaron Grey - Alliance Global Partners
Scott Fortune - ROTH Capital MKM

Operator

Hello, and welcome to GrowGeneration’s Fourth Quarter and Full Year 2022 Earnings Conference Call. My name is JP, and I’ll be coordinating your call today. [Operator Instructions]

I will now hand the call over to Clay Crumbliss with ICR.

Clay Crumbliss

Thank you, and welcome, everyone to the GrowGeneration Fourth Quarter and Full Year 2022 Earnings Results Conference Call. Today’s call is being recorded.

With us today are Darren Lampert, Co-Founder and Chief Executive Officer; and Greg Sanders, Chief Financial Officer of GrowGeneration Corp.

You should have access to the Company’s fourth quarter earnings press release issued after the market closed today. This information is available on the Investor Relations section of GrowGeneration’s website at ir.growgeneration.com.

Certain comments made on this call include forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s current expectations and beliefs concerning future events and are subject to several risks and uncertainties that could cause actual results to differ materially from those described in these forward-looking statements. Please refer to today’s press release and other filings with the SEC for a detailed discussion of the risks that could cause actual results to differ materially from those expressed or implied in any of the forward-looking statements made today.

During the call, we’ll use some non-GAAP financial measures as we describe business

Recommended For You

About GRWG Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on GRWG