{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-007798","form_type":"8-K","ticker":"HYFM","cik":"0001695295","company_name":"HYDROFARM HOLDINGS GROUP, INC.","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.150593+00:00","generated_at":"2026-06-05T06:55:01.715405+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hydrofarm Q4 net loss improves to $15.2M; FY2023 adj EBITDA turns positive to $0.3M","bullets":["Q4 net sales $47.2M, down 23% YoY from $61.5M; volume declined 18.7%, price/mix down 4.5%.","FY2023 net loss improved to $64.8M from $285.4M; positive adjusted EBITDA of $0.3M (FY2022: -$21.2M).","Gross margin expanded: FY2023 adjusted gross profit margin 24.3% vs 14.0% prior year.","FY2023 free cash flow positive $2.8M; cash balance $30.3M, no revolver draw.","2024 outlook: net sales to decrease low to high teens; positive adj EBITDA and FCF expected."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-007798","json":"https://secwatch.observer/filing/0001628280-24-007798.json","markdown":"https://secwatch.observer/filing/0001628280-24-007798.md","text":"https://secwatch.observer/filing/0001628280-24-007798.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1695295/000162828024007798/0001628280-24-007798-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1695295/000162828024007798/hyfm-20240229.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T06:55:01.715405+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":"8b7124b9a5e82c5d9945a1421970b25267260b0d","claim":"HYDROFARM HOLDINGS GROUP, INC. updated its the fourth quarter and full year ended December 31, 2023 guidance (reaffirmed).","evidence_excerpt":"On February 29, 2024, Hydrofarm Holdings Group, Inc. issued a press release announcing its financial results for the fourth quarter and full year ended December 31, 2023, and full-year 2024 outlook.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1695295/000162828024007798/0001628280-24-007798-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 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"}