---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-020222"
form_type: "8-K"
ticker: "HYFM"
cik: "0001695295"
company_name: "HYDROFARM HOLDINGS GROUP, INC."
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T06:00:29.514145+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Hydrofarm expects Q2 net sales $96-97.5M, net loss up to $210M; cuts FY2022 guidance

## Summary
- Net sales $96-97.5M, down ~28% YoY; net loss $200-210M including $189.6M goodwill impairment.
- Adjusted EBITDA negative $6.9-8.4M vs positive $16.2M in Q2 2021.
- FY2022 net sales guided to $330-347M (down from prior); adjusted EBITDA loss $16-25M.
- Annualized cost reductions of ~$14M implemented; cash $27.4M, debt $126.7M, undrawn revolver.
- Inventory reserve of $10.2M in Q2 driven by lighting product write-down.

## SEC filing metadata
- accession: 0001628280-22-020222
- form_type: 8-K
- ticker: HYFM
- cik: 0001695295
- company_name: HYDROFARM HOLDINGS GROUP, INC.
- filed_at: 2022-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1695295/000162828022020222/0001628280-22-020222-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1695295/000162828022020222/hyfm-20220802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-020222
- JSON: https://secwatch.observer/filing/0001628280-22-020222.json
- Plain text: https://secwatch.observer/filing/0001628280-22-020222.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.