{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-007299","form_type":"8-K","ticker":"HYFM","cik":"0001695295","company_name":"HYDROFARM HOLDINGS GROUP, INC.","filed_at":"2023-03-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.177124+00:00","generated_at":"2026-06-18T07:11:41.323622+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 Q4 sales drop 44% to $61.5M; net loss widens; FY23 outlook modestly positive EBITDA","bullets":["Q4 net sales $61.5M, down 44% YoY; net loss $(35.3)M vs $(11.0)M.","FY22 net sales $344.5M, down 28% YoY; net loss $(285.4)M vs net income $13.4M.","Q4 Adjusted EBITDA $(8.4)M vs $4.9M; includes $2.5M inventory/AR reserves.","FY23 outlook: net sales $290-310M, modestly positive Adjusted EBITDA, positive free cash flow.","Initiated restructuring with $7.7M charge; expects $7.0M annual savings."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-007299","json":"https://secwatch.observer/filing/0001628280-23-007299.json","markdown":"https://secwatch.observer/filing/0001628280-23-007299.md","text":"https://secwatch.observer/filing/0001628280-23-007299.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1695295/000162828023007299/0001628280-23-007299-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1695295/000162828023007299/hyfm-20230309.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T07:11:41.323622+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":"c9123a9da74e720782a5c568202caaef3bf0810b","claim":"HYDROFARM HOLDINGS GROUP, INC. updated its fourth quarter and full year ended December 31, 2022 guidance (reaffirmed).","evidence_excerpt":"On March 9, 2023, Hydrofarm Holdings Group, Inc. issued a press release announcing its financial results for the fourth quarter and full year ended December 31, 2022 and full year 2023 outlook.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1695295/000162828023007299/0001628280-23-007299-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year ended December 31, 2022"},{"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"}