---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-035869"
form_type: "8-K"
ticker: "HYFM"
cik: "0001695295"
company_name: "HYDROFARM HOLDINGS GROUP, INC."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:03:06.553596+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hydrofarm Q2 net sales down 13.1% to $54.8M; net loss widens to $23.5M

## Summary
- Net sales $54.8M vs $63.1M; net loss $23.5M ($0.51/sh) vs $12.9M ($0.28/sh) YoY.
- Adjusted EBITDA $1.7M vs $2.5M; Adjusted Gross Profit Margin 24.4% vs 27.0%.
- Completed IGE Asset Sale in May 2024 for non-cash loss of $11.5M; entered supply agreement.
- Reaffirms FY2024 outlook: net sales down low-to-high teens, positive Adj EBITDA and Free Cash Flow.
- Cash $30.3M; zero revolver balance; ~$20M available borrowing capacity.

## SEC filing metadata
- accession: 0001628280-24-035869
- form_type: 8-K
- ticker: HYFM
- cik: 0001695295
- company_name: HYDROFARM HOLDINGS GROUP, INC.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1695295/000162828024035869/0001628280-24-035869-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1695295/000162828024035869/hyfm-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-035869
- JSON: https://secwatch.observer/filing/0001628280-24-035869.json
- Plain text: https://secwatch.observer/filing/0001628280-24-035869.txt

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