Hydrofarm Holdings Group

Hydrofarm Holdings Group (NASDAQ:HYFM) posted its Q3 2024 results, showing mixed performance with a drop in net sales but improved gross margins. Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter...

Hydrofarm Holdings Group, Inc. (Nasdaq: HYFM) reported its Q2 2023 financials Wednesday afternoon after market close. Net sales totaled $63.1 million, down from $97.5 million, yet gross profit surged to $14.5 million from $7.3 million, with a gross profit margin of 23.0%. Adjusted gross profit...