secwatch.observer — SEC 8-K summary
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Issuer:     HYDROFARM HOLDINGS GROUP, INC. (HYFM)
CIK:        0001695295
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0001695295-26-000008
Event type: earnings
Sentiment:  negative
Materiality: 0.95
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hydrofarm defaults on Term Loan interest; Q4 net loss $242.2M includes $232.2M impairment
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- Q4 net sales fell 32.7% to $25.1M from $37.3M; volume/mix down 27.3%.
- Net loss of $242.2M ($51.89 diluted loss) includes $232.2M non-cash impairment of intangible assets.
- Adjusted EBITDA improved to -$4.9M from -$7.3M; Adjusted Gross Margin rose to 15.4% from 9.6%.
- Company deferred ~$2.8M interest payment on Term Loan on Feb 4, 2026; event of default declared.
- Term loan reclassified to current; Revolving Credit Facility terminated Feb 17, 2026; exploring strategic alternatives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1695295/000169529526000008/0001695295-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1695295/000169529526000008/hyfm-20260327.htm
  HTML page:      https://secwatch.observer/filing/0001695295-26-000008

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