secwatch.observer — SEC 8-K summary
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Issuer:     HYDROFARM HOLDINGS GROUP, INC. (HYFM)
CIK:        0001695295
Form:       8-K
Filed at:   2021-08-12T23:59:59+00:00
Accession:  0001695295-21-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hydrofarm Q2 net sales up 47% to $133.8M; adjusted EBITDA doubles to $16.2M; raises FY outlook
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- Net sales $133.8M (+46.7% YoY); gross margin improved 250 bps to 22.1%.
- Adjusted EBITDA $16.2M (+127.5% YoY); pro forma adj. net income $0.30/diluted share.
- Completed four acquisitions: HEAVY 16, House & Garden, Aurora Innovations, Greenstar.
- Investor warrant redemption raised ~$56.8M gross; FY 2021 outlook: net sales growth 45-50%, adj. EBITDA $55-62M.
- Pro forma full-year rev $565-590M, adj. EBITDA $80-90M assuming all acquisitions from Jan 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1695295/000169529521000026/0001695295-21-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1695295/000169529521000026/hyfm-20210812.htm
  HTML page:      https://secwatch.observer/filing/0001695295-21-000026

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