earnings
confidence high
sentiment negative
materiality 0.80
Hydrofarm Q3 net sales down 33% to $29.4M; CEO Lindeman resigns, Toler returns Dec 1
HYDROFARM HOLDINGS GROUP, INC.
2025-Q3 EPS reported
-$10.26
revenue$109,129,000
- Net sales fell 33.3% to $29.4M; net loss widened to $16.4M ($3.51 loss per share) from $13.1M.
- Adjusted EBITDA was -$4.4M vs. near zero in prior year; adjusted gross margin fell to 18.8% from 24.3%.
- CEO B. John Lindeman resigns effective Dec 1, 2025; Executive Chairman William Toler resumes CEO role.
- Company targets ~20% adjusted gross profit margin for FY2025; expects $2M incremental annual savings from facility consolidation.
- Cash used in operations improved $4.4M YoY; free cash flow improved $5.1M; inventory reductions on track.
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