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Hydrofarm Holdings Group, Inc. - HYFM STOCK NEWS

Welcome to our dedicated page for Hydrofarm Holdings Group news (Ticker: HYFM), a resource for investors and traders seeking the latest updates and insights on Hydrofarm Holdings Group stock.

Hydrofarm Holdings Group, Inc. (symbol: HYFM) stands as a prominent distributor and manufacturer of high-quality hydroponics equipment and supplies, making it the nation's oldest and largest entity in this sector. The company's diverse product portfolio includes lighting solutions, growing media like premium soils and alternatives, nutrients, and various agriculture supplies. These products are marketed under proprietary, exclusive/preferred, or non-exclusive/distributed brands and are found in hundreds of stores and catalogs across North America.

Organized into two key operating segments, the U.S. and Canada, Hydrofarm continually aims to empower growers, farmers, and cultivators with products that enhance quality, efficiency, consistency, and speed in their growing projects. The company's mission is not only to make growing more productive but also to make it easier for enthusiasts of all levels.

Hydrofarm's recent initiatives emphasize sustainability and eco-friendly living. For instance, the company recently featured its innovative products like the SunBlaster Mini Greenhouse Kit and Growlight Gardens on 'The Balancing Act,' showcasing their user-friendliness and efficiency. Additionally, Hydrofarm highlighted its Gaia Green Organics fertilizers and Roots Organics Original Soil, which are celebrated for their environmental benefits and quality. This aligns with Hydrofarm’s vision of promoting indoor gardening as a fun, family-oriented activity that also educates younger generations about food origins.

The latest news reveals continuous improvements in key operating metrics, driven by significant cost savings, enhancing Hydrofarm's financial performance. By staying committed to innovation and customer satisfaction, Hydrofarm remains a significant player in the agricultural sector, contributing to sustainable living and indoor gardening advancements.

Investor Contact: Anna Kate Heller / ICR
Email: ir@hydrofarm.com

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Hydrofarm Holdings Group, Inc. will be featured on 'The Balancing Act' to showcase its expertise in indoor, year-round gardening and eco-friendly products. The company will be highlighting its sustainable living series on February 5th, offering a unique opportunity for viewers to learn about innovative products for eco-friendly living.
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Hydrofarm Holdings Group, Inc. (Nasdaq: HYFM) to participate in fireside chat at 2024 ICR Conference
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SmartKem, a company specializing in organic thin-film transistors (OTFTs) and listed as SMTK on OTCQB, has appointed Melisa A. Denis to its Board of Directors. Ms. Denis will chair the Audit Committee and join the Compensation and Nominating and Corporate Governance Committee. With a background in Big-4 accounting and public company board experience, Ms. Denis is expected to bring valuable expertise as SmartKem continues to disrupt the world of technology with its leading-edge organic thin-film transistors.
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HYFM: Hydrofarm Holdings Group, Inc. Announces Q3 2023 Financial Results with Net Sales Decrease to $54.2M, Gross Profit Down to $3.3M, and Initiates Second Phase of Restructuring Plan. The company expects modestly positive Adjusted EBITDA and positive Free Cash Flow for the full year 2023.
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Hydrofarm Holdings Group, Inc. will host a conference call to review third quarter 2023 results on November 9, 2023. A press release containing the results will be issued after market close. The conference call can be accessed live over the phone or through a webcast.
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Hydrofarm Holdings Group, Inc. announces Q2 2023 financial results: net sales decreased to $63.1 million, gross profit increased to $14.5 million, net loss was $12.9 million. Full year 2023 outlook: net sales of $230-240 million, positive adjusted EBITDA, positive free cash flow.
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Hydrofarm Holdings Group, a prominent manufacturer and distributor of hydroponics equipment, will host a conference call to discuss its first quarter 2023 results on May 10, 2023, at 4:30 PM ET. The results will be released after market close on the same day. Interested parties can access the call by dialing 1-877-451-6152 or via a live webcast available on Hydrofarm's official website. The company, with over 40 years of experience, focuses on providing innovative solutions for controlled environment agriculture.

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FAQ

What is the current stock price of Hydrofarm Holdings Group (HYFM)?

The current stock price of Hydrofarm Holdings Group (HYFM) is $0.605 as of December 20, 2024.

What is the market cap of Hydrofarm Holdings Group (HYFM)?

The market cap of Hydrofarm Holdings Group (HYFM) is approximately 28.2M.

What does Hydrofarm Holdings Group, Inc. do?

Hydrofarm is a leading manufacturer and distributor of hydroponics equipment and supplies, including grow lights, climate control solutions, and nutrients.

Where can I find Hydrofarm's products?

Hydrofarm's products are available in hundreds of stores and catalogs across North America.

What types of products does Hydrofarm offer?

Hydrofarm offers lighting solutions, growing media, nutrients, and various agriculture supplies under various brands.

Is Hydrofarm involved in any sustainable initiatives?

Yes, Hydrofarm promotes sustainable living through innovative products like the SunBlaster Mini Greenhouse Kit and Gaia Green Organics fertilizers.

In which regions does Hydrofarm operate?

Hydrofarm operates primarily in the U.S. and Canada.

How long has Hydrofarm been in business?

Hydrofarm has been in business for over 40 years.

What recent achievements has Hydrofarm made?

Hydrofarm recently showcased its products on 'The Balancing Act' and continues to drive significant cost savings, improving key operating metrics.

What is the mission of Hydrofarm?

Hydrofarm's mission is to empower growers with products that enhance quality, efficiency, consistency, and speed in their grow projects.

Who can I contact for more investor-related information?

For investor-related queries, you can contact Anna Kate Heller at ir@hydrofarm.com.

What impact does Hydrofarm aim to have on indoor gardening?

Hydrofarm aims to make indoor gardening a fun, family-oriented activity that promotes sustainable living and educates younger generations about where their food comes from.

Hydrofarm Holdings Group, Inc.

Nasdaq:HYFM

HYFM Rankings

HYFM Stock Data

28.23M
37.53M
18.67%
25.45%
2.55%
Farm & Heavy Construction Machinery
Wholesale-miscellaneous Nondurable Goods
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