secwatch.observer — SEC 8-K summary ====================================== Issuer: HYDROFARM HOLDINGS GROUP, INC. (HYFM) CIK: 0001695295 Form: 8-K Filed at: 2025-08-12T23:59:59+00:00 Accession: 0001628280-25-039760 Event type: earnings Sentiment: negative Materiality: 0.80 Item codes: 2.02, 7.01, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Hydrofarm Q2 net sales down 28.4% to $39.2M; net loss $16.9M; initiates restructuring plan -------------------------------------------------------------------------------- - 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. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1695295/000162828025039760/0001628280-25-039760-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1695295/000162828025039760/hyfm-20250812.htm HTML page: https://secwatch.observer/filing/0001628280-25-039760 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer