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GrowGeneration narrowed its Q4 loss, cut costs, and plans breakeven in 2026 with a shift to B2B and private labels.
GrowGeneration reported a narrower loss in Q4 2025, with revenue of $37.8 million below estimates, but improved gross margins to 24.1% and reduced operating expenses by 28%.
The company ended the year with $46.1 million in cash and no debt, guiding for breakeven adjusted EBITDA and 27%-29% gross margins in 2026.
It is shifting to a B2B, brand-led model, expanding private-label sales and distribution, while reducing store count to 23, with further exits expected.
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GrowGeneration redujo su pérdida del cuarto trimestre, redujo costos y planea alcanzar el punto de equilibrio en 2026 con un cambio a B2B y etiquetas privadas.