Brief: GrowGeneration Reports First Quarter 2022 Results

GrowGeneration

10/05/2022 21:57

May 10 (Reuters) - GrowGeneration Corp  GRWG.O :
    * GROWGENERATION REPORTS FIRST QUARTER 2022 FINANCIAL
RESULTS
    * Q1 LOSS PER SHARE $0.09
    * Q1 SAME STORE SALES FELL 35.5 PERCENT
    * SEES FY REVENUE $340 MILLION TO $400 MILLION
    * EXPECT TO ADD 10-15 NEW STORES THIS YEAR, DOWN FROM
PREVIOUS
TARGET OF 15-20 NEW STORES
    * Q1 EARNINGS PER SHARE VIEW $-0.08, REVENUE VIEW $83.7
MILLION --
REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $426.5 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw5gfwFMa 
Further company coverage:  GRWG.O 

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