GrowGeneration Corp. Reports Q2 2025 Results: Net Sales Rise 14.7% Sequentially, Proprietary Brand Sales Reach 32% of Cultivation and Gardening Revenue

Reuters2025-08-12
<a href="https://laohu8.com/S/GRWG">GrowGeneration Corp.</a> Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Results: Net Sales Rise 14.7% Sequentially, Proprietary Brand Sales Reach 32% of Cultivation and Gardening Revenue

GrowGeneration Corp. (NASDAQ: GRWG) has released its financial results for the second quarter of 2025, reporting net sales of $41.0 million, a 14.7% increase compared to the previous quarter. The company's proprietary brand sales as a percentage of Cultivation and Gardening net sales rose to 32.0%, up from 21.5% in the same quarter of 2024. Additionally, the gross profit margin improved to 28.3%, compared to 26.9% in the second quarter of 2024. GrowGeneration's strategy to enhance profitability and expand its market presence is taking shape, with significant growth in proprietary brand sales and a reduction in store operating expenses by 22.9% year-over-year. The company noted increased customer adoption of its online B2B portal and expansion into the home gardening segment. The acquisition of Viagrow has further increased penetration with mass-market retailers. Internationally, new distribution partnerships have been established in the European Union and Costa Rica. With $48.7 million in cash, cash equivalents, and marketable securities, and no debt, GrowGeneration is well-positioned to support its growth initiatives. The company remains focused on executing its comprehensive transformation strategy aimed at delivering long-term value.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GrowGeneration Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9510344-en) on August 11, 2025, and is solely responsible for the information contained therein.
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