Boulder-based AeroGrow’s annual sales up 37% to $32.3M
BOULDER — AeroGrow International Inc. on Thursday reported that sales for its fiscal year that ended March 31 were up 37 percent, and its loss was up slightly compared with the previous year.
Boulder-based AeroGrow (OTCQB: AERO) manufactures and distributes in-home garden systems.
The company recorded total revenue of $32.3 million and an operating loss of $448,000 for the year.
The increased loss was attributed primarily to increased investments in marketing, and research and development, the company said in its earnings report.
AeroGrow’s president and chief executive, J. Michael Wolfe, said the company had…
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