Hydrofarm Holdings Group Announces First Quarter 2026 Results
Hydrofarm Holdings Group, Inc. announced first quarter 2026 financial results with net sales down 29.6% year-over-year to $28.5 million, gross profit margin dropping to 6.4%, and a net loss of $14.6 million. The company is experiencing lower volume due to industry oversupply and has taken significant cost reduction measures including consolidating …