Hydrofarm Q1 net loss $23.3M; adjusted EPS -$0.17 vs +$0.18 YoY; updates FY2022 outlook

HYDROFARM HOLDINGS GROUP, INC.

2022-Q1 EPS reported -$0.52 revenue$111,377,000

Net sales flat at $111.4M; gross profit fell to $16.6M (14.9% margin) from $23.2M (21.0%).
Net loss ($23.3M), ($0.52) diluted loss per share vs net income $4.9M ($0.13) in Q1 2021.
Adjusted EBITDA dropped to $3.1M from $9.9M; $3.2M inventory reserve recorded.
FY2022 guidance: net sales $480M-$520M, adjusted EBITDA $46M-$54M (~10% of sales).
Debt $124.7M, cash $12.2M, $99.7M available under revolving credit facility.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.