secwatch.observer — SEC 8-K summary
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Issuer:     HYDROFARM HOLDINGS GROUP, INC. (HYFM)
CIK:        0001695295
Form:       8-K
Filed at:   2025-05-13T23:59:59+00:00
Accession:  0001628280-25-024892
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hydrofarm Q1 net sales $40.5M, down 25% YoY; withdraws FY2025 outlook
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- Net loss $14.4M ($3.12/sh) vs $12.6M ($2.75/sh) YoY; Adj. EBITDA -$2.4M vs +$0.3M.
- Net sales $40.5M, decline driven by 22.6% volume/mix drop and cannabis oversupply.
- Adjusted gross profit margin 21.0% vs 23.4% YoY; proprietary brand sales mix 55% (up from Q4).
- Guidance withdrawn due to tariff uncertainty and cannabis headwinds; sees positive free cash flow remainder of 2025.
- Amended revolving credit facility: maturity extended to June 2027, commitment reduced to $22M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1695295/000162828025024892/0001628280-25-024892-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1695295/000162828025024892/hyfm-20250513.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-024892

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer