NASDAQ$GRWG

GrowGeneration · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

GRWG Q2 2024 — $53.5M revenue, 0.10 EPS

The results reported in these unaudited Condensed Consolidated Financial Statements are not necessarily indicative of results for the full fiscal year. GrowGeneration reported Q2 2024 results. Diluted EPS came in at $0.10. Net income of $15K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $53.5M.
  • Diluted EPS: $0.10.
  • Net income: $15K.
  • Operating income: $7K.
  • Gross profit: $14K.

Headline financials

Total Revenue

$53.5M

Previous: $63.9M-16.3%
EPS

-$0.10

Previous: -$0.09-11.1%
Capital Expenditures

-$1.42M

Previous: -$5.53M+74.4%
Free Cash Flow

-$7.31M

Previous: -$11.2M+34.9%
Net Income

-$5.9M

Previous: -$5.7M-3.5%
Operating Income

-$6.51M

Previous: -$6.57M+0.8%
Gross Profit

$14.4M

Previous: $17.1M-15.8%
R&D Expense

$0.00

No prior period
Stock-Based Comp

$654K

Previous: $900K-27.3%

Revenue & EPS history

GrowGeneration · Revenue · Quarterly

$53.5M

Q2 2024-16.3%vs Q2 2023
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Revenue by segment

GrowGeneration · $226M total across 2 segments · Q4 2023

  • Cultivation and Gardening
    $195M
  • Storage Solutions
    $31.4M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+0.2%

Avg return

Earnings day

+3.6%

Avg return

5 days after

+4.8%

Avg return

30 days after

39%

13 / 33 earnings

Positive

+51.1%

Q2 2020

Best reaction

-26.9%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.2%+15.8%
Q4 2025+5.5%+3.7%+2.8%
Q3 2025+27.2%+26.1%+6.5%
Q1 2025-15.8%-8.9%-4.1%
Q4 2024+7.9%+25.4%-8.8%
Q3 2024+0.5%-9.7%-3.2%
Q2 2024-4.7%+1.6%-2.1%
Q1 2024+8.0%+4.7%-8.0%
Q4 2023-7.3%-2.9%+15.5%
Q3 2023-16.3%-9.1%+27.3%
Q2 2023-20.7%-15.6%-7.9%
Q1 2023+31.3%+8.0%+2.4%
Q4 2022-2.1%-11.1%-15.0%
Q3 2022+29.9%+72.4%+84.3%
Q2 2022-1.0%+2.0%-10.4%
Q1 2022-26.3%-8.4%-13.2%
Q4 2021-1.7%-10.8%+9.5%
Q3 2021+1.3%-5.1%-36.8%
Q2 2021-26.9%-31.9%-31.5%
Q1 2021-11.1%-2.0%+6.1%
Q4 2019+0.8%+14.9%+4.2%
Q4 2020-12.3%-20.2%-13.5%
Q3 2020+25.1%+36.7%+68.5%
Q2 2020+51.1%+101.7%+56.4%
Q1 2020-16.0%-20.0%+17.5%
Q3 2019-9.1%-11.7%-2.4%
Q2 2019+9.7%+6.5%+11.8%
Q4 2018-0.2%+0.2%-9.1%
Q1 2019-0.2%+0.2%-9.1%
Q3 2018-15.8%-22.4%-29.9%
Q2 2018-1.7%+1.6%+13.9%
Q1 2018-7.9%-14.0%+21.6%
Q4 2017+7.0%+1.8%+9.7%
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q3 2015
Q2 2016
Q4 2015
Q1 2016
Q2 2015
Q1 2015

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