earnings
confidence high
sentiment positive
materiality 0.75
Hydrofarm Q4 sales up 26%, FY net income $13.4M; guides FY2022 $575M-$615M rev
HYDROFARM HOLDINGS GROUP, INC.
2021-FY EPS reported
$0.31
revenue$479,420,000
- Q4 net sales $110.4M (+26.3% YoY); gross profit $18.7M (+16.7%).
- Q4 net loss ($11.0M) or ($0.25)/diluted share vs net loss ($10.0M).
- Full year 2021 net income $13.4M ($0.31/diluted) vs net loss ($9.9M).
- Adjusted EBITDA FY $47.1M (+123.4% YoY).
- FY2022 outlook: net sales $575M-$615M, Adjusted EBITDA $63M-$74M.