AEROGROW INTL (AERO)

AERO
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AeroGrow International, Inc., incorporated on March 25, 2002, is a developer, marketer, direct-seller and wholesaler of indoor garden systems designed for consumer use in the gardening, cooking, healthy eating, and home and office decor markets. The Company offers multiple lines of indoor gardens, grow lights, nutrient formula, over 40 seed pod kits, and various cooking, gardening and decor accessories, in the United States and Canada, as well as selected countries in Europe, Asia and Australia. As of March 31, 2016, the Company had manufactured and shipped approximately 1.4 million AeroGarden units and approximately 3.2 million seed pod kits to consumers and retailers across the world, through two sales channels: retail sales channel, consisting of approximately 1,050 retail outlets (both online and storefront) in North America, and in over five countries internationally, and direct-to-consumer sales channel, which includes Web sales and a direct mail catalogue business, with approximately 574,000 catalogues mailed, as of March 31, 2016. It also utilizes 30, 60 and 120 second television commercials.

The Company’s products are indoor gardens and seed pod kits that allow consumers to grow: vegetables, such as tomatoes, chili peppers and salad greens; fresh herbs, including cilantro, chives, basil, dill, oregano and mint, and flowers, such as petunias, snapdragons, geraniums and vinca. Its consumers can also plant and grow their own seeds using the Company’s grow anything kits or use their AeroGardens as seed starters for their outdoor gardens with its seed starting systems. The Company has developed a range of accessory products.

Breaking News Arrows

Breaking News

  • AeroGrow Announces the Launch of its All New “Grow Anything” ApplianceNovember 14, 2019AeroGrow International, Inc. (OTCQB: AERO) ("AeroGrow" or “the Company"), the manufacturer and distributor of AeroGardens – the world’s leading family of In-Home Garden Systems™ – announced today the launch of its largest and most innovative product to date. Last week, AeorGrow’s Board of Directors formally approved making the final capital expenditures required to tool, complete the software development and begin manufacturing this new addition to AeroGrow’s product portfolio. As a result, in the coming months AeroGrow will be bringing to market its most ambitious home gardening innovation yet – the “Grow Anything” Appliance, a fully automated and self-contained indoor gardening system.
  • AeroGrow Reports Second Quarter ResultsNovember 13, 2019Revenue Declines to $4.4 Million Due to Timing of Load-Ins with Major RetailersSell-thru to Consumers Remains Strong at + 36% for the QuarterAll New AeroGarden Bounty Introduced.
  • AeroGrow Reports First Quarter ResultsAugust 13, 2019Revenue up 20% to $4.5 millionSales Driven by Growth in all Channels – Particularly e-Commerce Strong Prime Day PerformanceQuarterly Loss From Operations Widens Multiple New.
  • AeroGrow Reports Results for Q4 and the Full Fiscal Year Ended March 31, 2019June 24, 2019Q4 Sales up 35% to $9.1 million; Full Year Sales up 6% to $34.4 millionQ4 Operating Profit of $524K; Full Year Operating Profit of $6KContinued Strong Distribution at Amazon and.
  • Federman & Sherwood Initiates an Investigation of the Data Breach of AeroGrow International, Inc.June 13, 2019The law firm of Federman & Sherwood initiates an investigation into AeroGrow International, Inc. relating to a malicious code which skimmed and stole information submitted by customers purchasing products through the AeroGrow website discovered on March 4, 2019.