HYFM - Earnings announcements

SHOEMAKERSVILLE, Pa., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its second quarter ended June 30, 2025. Second Quarter Highlights vs. Prior Year Period: Net sales decreased to $39.2 million compared to $54.8 million.Gross Profit Margin decreased to 7.1% of net sales compared to 19.8%.Adjusted Gross Profit Margin(1) decreased to 19.2% of net sales compared to 24.4%.SG&A expense and Adjusted SG&A(1) expense decreased

SHOEMAKERSVILLE, Pa., July 31, 2025 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced that it will host a conference call to review second quarter 2025 results on Tuesday, August 12, 2025 at 8:30 AM ET. A press release containing second quarter 2025 results will be issued before market open that same day. The conference call can be accessed live over the phone by dialing 1-800-445-7795 and entering the conference ID: HYFMQ2. The conference call will also be webcast live and archived o

SHOEMAKERSVILLE, Pa., May 13, 2025 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its first quarter ended March 31, 2025. First Quarter Highlights vs. Prior Year Period: Net sales decreased to $40.5 million compared to $54.2 million.Gross Profit and Adjusted Gross Profit(1) for first quarter 2025 of $6.9 million and $8.5 million, respectively.Gross Profit Margin decreased to 17.0% of net sales compared to 20.2%.Adjuste

SHOEMAKERSVILLE, Pa., May 05, 2025 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced that it will host a conference call to review first quarter 2025 results on Tuesday, May 13, 2025 at 8:30 AM ET. A press release containing first quarter 2025 results will be issued before market open that same day. The conference call can be accessed live over the phone by dialing 1-800-343-5172 and entering the conference ID: HYFMQ1. The conference call will also be webcast live and archived on the

SHOEMAKERSVILLE, Pa., March 05, 2025 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter Highlights vs. Prior Year Period: Net sales decreased to $37.3 million compared to $47.2 million.Gross Profit and Adjusted Gross Profit(1) of $1.8 million and $3.6 million.Gross Profit Margin decreased to 4.9% of net sales compared to 17.9%.Adjusted Gross Profit Margin(1) decreased to 9.6% of net sales compare

SHOEMAKERSVILLE, Pa., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced that it will host a conference call to review fourth quarter and full year 2024 results on Wednesday, March 5, 2025 at 8:30 AM ET. A press release containing fourth quarter and full year 2024 results will be issued before market open that same day. The conference call can be accessed live over the phone by dialing 1-800-343-5172 and entering the conference ID: HYFMQ4. The conference call will also be

SHOEMAKERSVILLE, Pa., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its third quarter ended September 30, 2024. Third Quarter 2024 Highlights vs. Prior Year Period: Net sales decreased to $44.0 million compared to $54.2 million.Gross Profit Margin increased to 19.4% of net sales compared to 6.1%.Adjusted Gross Profit Margin(1) increased to 24.3% of net sales compared to 23.0%.SG&A expense and Adjusted SG&A(1) expens

SHOEMAKERSVILLE, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced that it will host a conference call to review third quarter 2024 results on Thursday, November 7, 2024 at 8:30 AM ET. A press release containing third quarter 2024 results will be issued before market open that same day. The conference call can be accessed live over the phone by dialing 1-800-343-5172 and entering the conference ID: HYFMQ3. The conference call will also be webcast live and archiv

Restructuring and Cost Savings Initiatives Continue to Yield Substantial Expense Reductions Reaffirms 2024 Outlook on Key Metrics SHOEMAKERSVILLE, Pa., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Highlights vs. Prior Year Period: Net sales decreased to $54.8 million compared to $63.1 million.Gross Profit Margin decreased to 19.8% of net sales compared to 23.0%.Adjusted Gross Profit Margin

SHOEMAKERSVILLE, Pa., July 25, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced that it will host a conference call to review second quarter 2024 results on Thursday, August 8, 2024 at 8:30 AM ET. A press release containing second quarter 2024 results will be issued before market open that same day. The conference call can be accessed live over the phone by dialing 1-800-267-6316 and entering the conference ID: HYFMQ2. The conference call will also be webcast live and archiv

SHOEMAKERSVILLE, Pa., May 14, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its first quarter ended March 31, 2024. First Quarter 2024 Highlights vs. Prior Year Period: Net sales decreased to $54.2 million compared to $62.2 million.Gross Profit Margin increased to 20.2% of net sales compared to 18.3%.Adjusted Gross Profit Margin(1) increased to 23.4% of net sales compared to 22.6%.Net loss improved to $12.6 million compared to $16.8 million.Adjusted EBITDA(1)

SHOEMAKERSVILLE, Pa., April 30, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced that it will host a conference call to review first quarter 2024 results on Tuesday, May 14, 2024 at 8:30 AM ET. A press release containing first quarter 2024 results will be issued before market open that same day. The conference call can be accessed live over the phone by dialing 1-877-451-6152. The conference call will also be webcast live and archived on the corporate website at www.hydrofarm.co

Significant Improvement in Net Loss and Adjusted EBITDA for the Fourth Quarter and Full Year 2023 2024 Outlook Calls for Lower Net Sales, Positive Adjusted EBITDA and Positive Free Cash Flow SHOEMAKERSVILLE, Pa., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights vs. Prior Y

SHOEMAKERSVILLE, Pa., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced that it will host a conference call to review fourth quarter and full year 2023 results on Thursday, February 29, 2024 at 8:30 AM ET. A press release containing fourth quarter and full year 2023 results will be issued before market open that same day. The conference call can be accessed live over the phone by dialing 1-877-451-6152. The conference call will also be webcast live and archived on the co

SHOEMAKERSVILLE, Pa., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its third quarter ended September 30, 2023. Third Quarter 2023 Highlights vs. Prior Year Period: Net sales decreased to $54.2 million compared to $74.2 million.Gross Profit decreased to $3.3 million compared to $5.9 million. Gross Profit Margin decreased to 6.1% of net sales compared to 7.9%.Adjusted Gross Profit(1) increased to $12.5 million compared to $7.8 million. Adjusted Gross P

SHOEMAKERSVILLE, Pa., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced that it will host a conference call to review third quarter 2023 results on Thursday, November 9, 2023 at 4:30 PM ET. A press release containing third quarter 2023 results will be issued after market close that same day. The conference call can be accessed live over the phone by dialing 1-877-451-6152. The conference call will also be webcast live and archived on the corporate website at www.hydrofar

SHOEMAKERSVILLE, Pa., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its second quarter ended June 30, 2023. Second Quarter 2023 Highlights vs. Prior Year Period: Net sales decreased to $63.1 million compared to $97.5 million.Gross Profit increased to $14.5 million compared to $7.3 million. Gross Profit Margin increased to 23.0% of net sales compared to 7.5%.Adjusted Gross Profit(1) increased to $17.0 million compared to $9.1 million. Adjusted Gross Pr

SHOEMAKERSVILLE, Pa., July 26, 2023 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced that it will host a conference call to review second quarter 2023 results on Wednesday, August 9, 2023 at 4:30 PM ET. A press release containing second quarter 2023 results will be issued after market close that same day. The conference call can be accessed live over the phone by dialing 1-877-451-6152. The conference call will also be webcast live and archived on the corporate website at www.hydrofa

SHOEMAKERSVILLE, Pa., May 10, 2023 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its first quarter ended March 31, 2023. First Quarter 2023 Highlights vs. Prior Year Period: Net sales decreased to $62.2 million compared to $111.4 million.Gross Profit decreased to $11.4 million compared to $16.6 million. Adjusted Gross Profit(1) was $14.1 million compared to $22.3 million.Gross Profit Margin increased to 18.3% of net sales compared to 14.9%. Adjusted Gross Profit Ma

SHOEMAKERSVILLE, Pa., April 26, 2023 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced that it will host a conference call to review first quarter 2023 results on Wednesday, May 10, 2023 at 4:30 PM ET. A press release containing first quarter 2023 results will be issued after market close that same day. The conference call can be accessed live over the phone by dialing 1-877-451-6152. The conference call will also be webcast live and archived on the corporate website at www.hydrofarm.

SHOEMAKERSVILLE, Pa., March 09, 2023 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced financial results for its fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Highlights vs. Prior Year Period: Net sales decreased to $61.5 million compared to $110.4 million.Gross Loss was $(0.5) million compared to gross profit of $18.7 million.Adjusted Gross Profit(1)(2) was $9.0 million compared to $23.3 million; Adjusted Gross Profit(1)(2) in the fourth quarter 2022 was

SHOEMAKERSVILLE, Pa., Feb. 27, 2023 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced that it will host a conference call to review fourth quarter and full year 2022 results on Thursday, March 9, 2023 at 4:30 PM ET. A press release containing fourth quarter and full year 2022 results will be issued after market close that same day. The conference call can be accessed live over the phone by dialing 1-888-886-7786. The conference call will also be webcast live and archived on the corpor

SHOEMAKERSVILLE, Pa., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced financial results for its third quarter ended September 30, 2022. Third Quarter 2022 Highlights vs. Prior Year Period: Net sales decreased to $74.2 million compared to $123.8 million.Gross Profit decreased to $5.9 million compared to $30.0 million. Adjusted Gross Profit(1)(2) was $7.8 million compared to $33.0 million.Net loss was $(23.5) million, or $(0.52) per diluted share, compared to net incom

SHOEMAKERSVILLE, Pa., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced that it will host a conference call to review third quarter 2022 results on Wednesday, November 9, 2022 at 4:30 PM ET. A press release containing third quarter 2022 results will be issued after market close that same day. The conference call can be accessed live over the phone by dialing 201-389-0879. A replay will be available after the call until Wednesday, November 16, 2022 and can be accessed by dialing 412-317-6

SHOEMAKERSVILLE, Pa., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced financial results for its second quarter ended June 30, 2022. Second Quarter 2022 Highlights vs. Prior Year Period: Net sales decreased to $97.5 million compared to $133.8 million.Gross Profit decreased to $7.3 million compared to $29.6 million. Adjusted Gross Profit(1)(2) was $9.1 million compared to $30.2 million.Net loss was $(203.3) million, or $(4.53) per diluted share, compared to net income

SHOEMAKERSVILLE, Pa., Aug. 02, 2022 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading manufacturer and distributor of hydroponics equipment and supplies for controlled environment agriculture ("CEA"), announced preliminary unaudited financial results for its second quarter ended June 30, 2022. Bill Toler, Chairman and CEO, stated, "We took positive steps during the second quarter to lower our cost structure and maintained a solid liquidity position; however, the hydroponics industry recession in the US and Canada continued to alter normal seasonal patterns and impacted our results. While we experienced encouraging results in March a

SHOEMAKERSVILLE, Pa., May 10, 2022 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced financial results for its first quarter ended March 31, 2022. First Quarter 2022 Highlights vs. Prior Year Period: Net sales remained flat at $111.4 million.Gross Profit decreased to $16.6 million compared to $23.2 million. Adjusted Gross Profit(1)(2) was $22.3 million compared to $23.4 million.Net loss was ($23.3) million, or a loss of ($0.52) per diluted share, compared to net income of $4.9 millio

SHOEMAKERSVILLE, Pa., April 20, 2022 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced that it will host a conference call to review first quarter 2022 results on Tuesday, May 10, 2022 at 4:30 PM ET. A press release containing first quarter 2022 results will be issued after market close that same day. The conference call can be accessed live over the phone by dialing 201-389-0879. A replay will be available after the call until Tuesday, May 17, 2022 and can be accessed by dialing 412-317-6671. The pas

FAIRLESS HILLS, Pa., Feb. 22, 2022 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm") (NASDAQ:HYFM), a leading independent distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture, today announced that it will host a conference call to review fourth quarter and full year 2021 results on Tuesday, March 1, 2022 at 4:30 PM ET. A press release containing fourth quarter and full year 2021 results will be issued after market close that same day. The conference call can be accessed live over the phone by dialing 201-389-0879. A replay will be available after the call until Tuesday, March 8, 2022 and can be accessed by dialing 412-317

FAIRLESS HILLS, Pa., Aug. 03, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced that it has signed a definitive agreement and closed on the acquisition of Canadian nutrient company, Greenstar Plant Products, Inc. ("Greenstar"), manufacturer of the Grotek and Gaia Green brands. These brands join Hydrofarm's lineup of high performance, proprietary branded products in the lighting, climate control, nutrients and growing media categories. Hydrofarm funded the purchase price of approximately $83 million

PETALUMA, Calif., Aug. 03, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm") (NASDAQ:HYFM), a leading independent distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture, today announced that it will host a conference call to review second quarter 2021 results on Thursday, August 12, 2021 at 4:30 PM ET. A press release containing second quarter 2021 results will be issued after market close that same day. The conference call can be accessed live over the phone by dialing 201-389-0879. A replay will be available after the call until Thursday, August 19, 2021 and can be accessed by dialing 412-317-6671. The passcode is 13