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Hydrofarm Holdings Group Inc - HYFM STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hydrofarm Holdings Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hydrofarm Holdings Group's position in the market.

Rhea-AI Summary
Hydrofarm Holdings Group, Inc. announced significant improvements in net loss and adjusted EBITDA for the fourth quarter and full year 2023. Despite a decrease in net sales, the company saw positive trends in gross profit, adjusted gross profit margin, net loss, and adjusted EBITDA. The outlook for 2024 calls for lower net sales but positive adjusted EBITDA and free cash flow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.99%
Tags
-
Rhea-AI Summary
Hydrofarm Holdings Group, Inc. will host a conference call to review Q4 and full year 2023 results, accessible via phone or webcast. The company is a key player in hydroponics equipment and supplies for controlled environment agriculture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.67%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
Tags
none
Rhea-AI Summary
Hydrofarm Holdings Group, Inc. (Nasdaq: HYFM) to participate in fireside chat at 2024 ICR Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.21%
Tags
conferences
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.19%
Tags
management
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.87%
Tags
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.18%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.67%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.08%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.8%
Tags
none
Hydrofarm Holdings Group Inc

Nasdaq:HYFM

HYFM Rankings

HYFM Stock Data

43.41M
40.54M
10.19%
31.96%
3.04%
Farm & Heavy Construction Machinery
Industrials
Link
US
Petaluma

About HYFM

hydrofarm is the nation's oldest and largest manufacturer of hydroponics equipment and high-intensity grow lights. you can find our products in hundreds of stores and catalogs across north america.