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GrowGeneration Q3 Earnings Release: Tariff Refunds Included and Revenue Decline Forecast

Earnings Whispers · ·by G4L

GRWG
GRWG GrowGeneration Corp
$1.51 -3.82%
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  1. 1The Street expects GrowGeneration revenue to be approximately $44.9 million.
  2. 2GrowGeneration plans to include more than $2 million in tariff refunds in the third quarter.
  3. 3Management explains that the Q3 guidance is due to unusual durable equipment sales in the previous year rather than weakening demand.

So what's the key point?

GrowGeneration plans to include money returned from tariffs in its earnings. Experts expect revenue to be $44.9 million.

Source Earnings Whispers · View original ↗

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