earnings
confidence high
sentiment negative
materiality 0.80
Hydrofarm Q2 net sales down 28.4% to $39.2M; net loss $16.9M; initiates restructuring plan
HYDROFARM HOLDINGS GROUP, INC.
2025-Q2 EPS reported
-$6.75
revenue$79,779,000
- Net sales $39.2M, down 28.4% YoY from $54.8M; net loss $16.9M ($3.63/diluted share).
- Adjusted EBITDA loss of $(2.3)M versus $1.7M positive in prior year.
- Gross profit margin 7.1% vs 19.8% YoY; adjusted gross margin 19.2% vs 24.4%.
- New restructuring plan targets >$3M annual cost savings; Q2 incurred $3.3M non-cash inventory write-downs.
- Cash balance $11M, $9M revolver available; reaffirms FY2025 outlook for improved margins and positive free cash flow.
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