secwatch.observer — SEC 8-K summary
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Issuer:     HYDROFARM HOLDINGS GROUP, INC. (HYFM)
CIK:        0001695295
Form:       8-K
Filed at:   2025-03-05T23:59:59+00:00
Accession:  0001628280-25-010248
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hydrofarm Q4 net sales down 21% to $37.3M; net loss $17.5M; guides 2025 sales down 10-20%
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- Q4 net sales $37.3M (-20.9% YoY); Q4 net loss $17.5M ($3.80 diluted EPS) vs $15.2M loss prior year.
- Full-year 2024 net sales $190.3M (-16% YoY); net loss $66.7M; Adjusted EBITDA -$5.2M (vs +$0.3M prior year).
- Q4 gross margin 4.9% vs 17.9% prior year; hit by $1.4M inventory reserves; proprietary brand mix reached 56% in 2024.
- 2025 outlook: net sales down 10-20%, negative but improved Adjusted EBITDA & Free Cash Flow; capex under $2M.
- Cash $26.1M, $13M revolver availability; term loan $119.3M; compliance with debt covenants maintained.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1695295/000162828025010248/0001628280-25-010248-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1695295/000162828025010248/hyfm-20250305.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-010248

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