Published on 25 Apr 2022 on Zacks via Yahoo Finance
GrowGeneration (GRWG) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, GrowGeneration (GRWG) closed at $6.68, marking a +1.21% move from the previous day. This change outpaced the S&P 500's 0.57% gain on the day. Elsewhere, the Dow gained 0.7%, while the tech-heavy Nasdaq added 0.08%.
Prior to today's trading, shares of the company had lost 31.54% over the past month. This has lagged the Basic Materials sector's loss of 4.62% and the S&P 500's loss of 5.26% in that time.
Wall Street will be looking for positivity from GrowGeneration as it approaches its next earnings report date. On that day, GrowGeneration is projected to report earnings of -$0.08 per share, which would represent a year-over-year decline of 180%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $83.01 million, down 7.78% from the year-ago period.