{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-038237","form_type":"8-K","ticker":"HYFM","cik":"0001695295","company_name":"HYDROFARM HOLDINGS GROUP, INC.","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.086524+00:00","generated_at":"2026-06-08T06:59:57.278518+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Hydrofarm Q3 net sales down 27% to $54.2M; adjusted EBITDA turns positive at $0.5M","bullets":["Net sales $54.2M, down from $74.2M YoY; net loss $19.9M ($0.44/share).","Adjusted EBITDA positive $0.5M vs negative $9.0M YoY; Free Cash Flow $6.9M.","Second restructuring phase initiated, $7.8M charges expected to yield $1.5M annual savings.","Reaffirmed FY2023 guidance: net sales $230-240M, modestly positive adjusted EBITDA, positive FCF.","Cash $32.5M, zero revolver balance, compliance with debt covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-038237","json":"https://secwatch.observer/filing/0001628280-23-038237.json","markdown":"https://secwatch.observer/filing/0001628280-23-038237.md","text":"https://secwatch.observer/filing/0001628280-23-038237.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1695295/000162828023038237/0001628280-23-038237-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1695295/000162828023038237/hyfm-20231109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T06:59:57.278518+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":"41a9e2ad0a5a345740a3c4a283f6a729b9f4cc20","claim":"HYDROFARM HOLDINGS GROUP, INC. updated its third quarter ended September 30, 2023 guidance (reaffirmed).","evidence_excerpt":"Hydrofarm Holdings Group, Inc. issued a press release announcing its financial results for the third quarter ended September 30, 2023 and reaffirming its full-year 2023 outlook.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1695295/000162828023038237/0001628280-23-038237-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"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"}