{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-22-029223","form_type":"8-K","ticker":"HYFM","cik":"0001695295","company_name":"HYDROFARM HOLDINGS GROUP, INC.","filed_at":"2022-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.740216+00:00","generated_at":"2026-06-22T01:32:03.949243+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hydrofarm Q3 net sales down 40% to $74.2M; reaffirms FY2022 outlook","bullets":["Net loss of $23.5M ($0.52 EPS loss) vs prior year net income of $17.3M; adjusted EPS loss of $0.33.","Net sales $74.2M vs $123.8M YoY, driven by 42.6% volume decline; gross margin compressed to 7.9%.","Adjusted EBITDA loss of $9.0M vs $16.1M gain in prior year; includes $5.5M inventory/AR charges.","Reaffirms FY2022 net sales guidance $330-347M; Adjusted EBITDA $(25)-$(16)M.","Generated positive free cash flow $5.6M in Q3; $16.5M cash; $62M undrawn revolver."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-22-029223","json":"https://secwatch.observer/filing/0001628280-22-029223.json","markdown":"https://secwatch.observer/filing/0001628280-22-029223.md","text":"https://secwatch.observer/filing/0001628280-22-029223.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1695295/000162828022029223/0001628280-22-029223-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1695295/000162828022029223/hyfm-20221109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T01:32:03.949243+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"040fbffde619b95d31457ffdfaa843a4a23192d1","claim":"HYDROFARM HOLDINGS GROUP, INC. reported third quarter ended September 30, 2022 results: revenue $74.2 million, net income $(23.5) million, or $(0.52) per diluted share, EPS $(0.52) per diluted share. Guidance reaffirmed.","evidence_excerpt":"(“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 Profi t 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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1695295/000162828022029223/0001628280-22-029223-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2022"},{"label":"Revenue","value":"$74.2 million"},{"label":"Net income","value":"$(23.5) million, or $(0.52) per diluted share"},{"label":"EPS","value":"$(0.52) per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}