Hydroponics equipment maker Hydrofarm misses Q3 sales estimates on lower production

Reuters11-12

Hydroponics equipment maker Hydrofarm misses Q3 sales estimates on lower production

Overview

Hydrofarm Q3 net sales fell 33.3% yr/yr, missing analyst expectations
Company's gross profit margin decreased due to lower sales and production volumes
CEO transition announced with Bill Toler resuming CEO role on Dec 1, 2025

Outlook

Hydrofarm expects 2025 Adjusted Gross Profit Margin of approximately 20%
Company reaffirms reduced Adjusted SG&A expense for 2025
Hydrofarm anticipates positive free cash flow for final nine months of 2025

Result Drivers

PROPRIETARY BRAND FOCUS - Co achieved best quarterly proprietary brand sales mix of 2025, aiding higher-margin product sales
INDUSTRY OVERSUPPLY - Sales decline attributed to 32.2% drop in volume/mix due to industry oversupply
COST SAVINGS INITIATIVES - Co expects $2 mln in annual savings from consolidating U.S. manufacturing facilities

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Sales	Miss	$29.35 mln	$35.73 mln (1 Analyst)
Q3 Net Income		-$16.39 mln
Q3 Gross Profit		$3.41 mln
Q3 Operating Income		-$12.96 mln
Q3 Pretax Profit		-$16.27 mln

Analyst Coverage

Wall Street's median 12-month price target for Hydrofarm Holdings Group Inc is $7.50, about 71.4% above its November 11 closing price of $2.15

Press Release: ID:nGNX9pckQc

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4152","symbol_name":"农用农业机械","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251112:nL1N3WO0F0:1","article_id":"2582376256","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582376256","pubTimestamp":1762951291,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Hydroponics equipment maker Hydrofarm misses Q3 sales estimates on lower productionOverviewHydrofarm Q3 net sales fell 33.3% yr/yr, missing analyst expectationsCompany's gross profit margin decreased ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4152":"农用农业机械","HYFM":"Hydrofarm Holdings Group, Inc."},"translate_title":"水培设备制造商Hydrofarm因产量下降而未达到第三季度销售预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HYFM":0.9},"content_text":"Hydroponics equipment maker Hydrofarm misses Q3 sales estimates on lower productionOverviewHydrofarm Q3 net sales fell 33.3% yr/yr, missing analyst expectationsCompany's gross profit margin decreased due to lower sales and production volumesCEO transition announced with Bill Toler resuming CEO role on Dec 1, 2025OutlookHydrofarm expects 2025 Adjusted Gross Profit Margin of approximately 20%Company reaffirms reduced Adjusted SG&A expense for 2025Hydrofarm anticipates positive free cash flow for final nine months of 2025Result DriversPROPRIETARY BRAND FOCUS - Co achieved best quarterly proprietary brand sales mix of 2025, aiding higher-margin product salesINDUSTRY OVERSUPPLY - Sales decline attributed to 32.2% drop in volume/mix due to industry oversupplyCOST SAVINGS INITIATIVES - Co expects $2 mln in annual savings from consolidating U.S. manufacturing facilitiesKey DetailsMetricBeat/MissActualConsensus EstimateQ3 SalesMiss$29.35 mln$35.73 mln (1 Analyst)Q3 Net Income-$16.39 mlnQ3 Gross Profit$3.41 mlnQ3 Operating Income-$12.96 mlnQ3 Pretax Profit-$16.27 mlnAnalyst CoverageWall Street's median 12-month price target for Hydrofarm Holdings Group Inc is $7.50, about 71.4% above its November 11 closing price of $2.15Press Release: ID:nGNX9pckQcFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. 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