GrowGeneration commits to 2026 restructuring plan for gardening and cultivation segment
GRWG•GrowGeneration plans four to five store closures and workforce reductions as part of its 2026 restructuring plan. The company expects activities to finish by the end of Q1 FY2027 but cannot yet estimate the costs.
1. Restructuring plans
GrowGeneration said in an SEC filing that its 2026 restructuring plan for its gardening and cultivation segment includes four to five store closures and workforce reductions. The company expects the activities to be completed by the end of Q1 FY2027, but is not currently able to estimate the amount or range of costs; related charges will be excluded from non-GAAP financial measures.
