Hydrofarm Holdings Group

Hydrofarm Holdings Group, Inc. engages in the manufacture and distribution of controlled environment agriculture equipment and supplies. It offers lighting, atmospheric control, hydroponics, nutrients and additives, growing media, plant care and pest and disease control, seed starting and cloning, garden accessories, and food storage products. The firm operates through the U.S. and Canada geographical segments. The company was founded in 1977 and is headquartered in Shoemakersville, PA.

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Hydrofarm reports Q1 growth, eyes diversification amid industry opportunities

Hydrofarm's Q1 2024 performance reflects improved profitability, revenue diversification, and cost management, underpinning a balanced financial outlook.
Despite challenges such as net debt and declining net sales, the company's strengths in innovation, financial stability, and market opportunities position it for growth.
Addressing analyst inquiries and leveraging opportunities in new markets and industry developments will be crucial for Hydrofarm's sustained success and competitive positioning.
Overall, Hydrofarm's strategic initiatives, financial performance, and market positioning indicate a resilient stance in a dynamic industry landscape.

Hydrofarm reports Q3 performance, CEO succession, and strategic focus

Hydrofarm Holdings Group's Q3 2024 performance showcased operational resilience, strategic focus on profitability, and prudent financial management.
While facing challenges such as a decline in net sales and uncertainties, the company's strengths in brand growth, cost savings, and leadership succession provide a solid foundation.
Opportunities in revenue expansion, potential M&A activities, and operational enhancements offer avenues for future growth and value creation.
Navigating challenges, leveraging strengths, and capitalizing on opportunities will be crucial for Hydrofarm to drive sustainable growth and maintain its competitive edge.

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Hydrofarm Holdings Group Inc (NASDAQ: HYFM) closed on the acquisition of Canadian nutrient company Greenstar Plant Products, Inc., manufacturer of the Grotek and Gaia Green brands, for a purchase price of $83 million. Greenstar will become a wholly-owned indirect subsidiary of Hydrofarm Holdings.

Hydrofarm Acquires Nutrient Company Greenstar Plant Products For $83M

Grotek and Gaia Green Brands Added to Expanding Portfolio of Premium Plant Nutrients as Hydrofarm's Acquisition Run Continues Grotek and Gaia Green Brands Added to Expanding Portfolio of Premium Plant Nutrients as Hydrofarm's Acquisition Run Continues

Hydrofarm Acquires Canada's Greenstar Plant Products

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FAIRLESS HILLS, Pa., July 13, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics equipment and supplies, today announced that as of July 12, 2021, approximately 2.8 million of its 3.4 million outstanding investor warrants (the “Investor Warrants”) have been exercised. As previously announced on June 21, 2021, the Company provided notice to the holders of its Investor Warrants that their warrants will be redeemed in accordance with the terms of such Investor Warrants. Holders of the Investor Warrants have until 5:00 p.m. Eastern Time on July 19, 2021 to exercise their Investor Warrants.

Hydrofarm Reminds Investors of Redemption of Warrants

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FAIRLESS HILLS, Pa., July 01, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm”) (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics equipment and supplies, today announced that it has completed its previously announced acquisition of Aurora Innovations, Inc., Aurora International, Inc., and Gotham Properties LLC , a Eugene, Oregon-based manufacturer and supplier of organic hydroponic products. The announcement follows Hydrofarm's recent acquisitions of hydroponic nutrient brands HEAVY 16, House & Garden, and Mad Farmer.

Hydrofarm Completes Acquisition of Aurora Innovations and its Organic Nutrients and Grow Media Operations

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Hydrofarm (HYFM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Hydrofarm (HYFM)

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Redemption Expected to Increase Cash Balance by Up to $54 Million Redemption Expected to Increase Cash Balance by Up to $54 Million

Hydrofarm Announces Redemption of Investor Warrants

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Hydroponics equipment manufacturer Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) announced Thursday that it's acquiring Aurora Innovations, Inc., Aurora International, Inc., and Gotham Properties LLC for $161 million. The acquisition came on the heels of pricing of an underwritten public offering of 4.81 million of the company's shares at $59 per share to raise roughly $269.3 million.

Hydrofarm Holdings Acquires Aurora's Innovation And Cannabis Nutrients And Grow Operations In $161M Deal

Aurora Innovations Brings Valuable Manufacturing Presence on the West Coast in Oregon, on the East Coast in New York State, and in Western Canada Aurora Innovations Brings Valuable Manufacturing Presence on the West Coast in Oregon, on the East Coast in New York State, and in Western Canada

Hydrofarm Enters into Agreement to Acquire Aurora Innovations and its Organic Nutrients and Grow Media Operations

Vertically integrated cannabis company Terra Tech Corp. (OTCQX: TRTC) confirmed Tuesday it will monetize its investment in Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM), which would yield gross proceeds of around $40 million. The original investment in Hydrofarm from November 2018 amounted to $5 million.

Cannabis Co. Terra Tech To Sell $40M Worth Of Hydrofarm Shares, Aims To Complete Unrivaled And SilverStreak Solutions Acquisitions

Hydrofarm Holdings (HYFM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Hydrofarm Holdings (HYFM) Stock Might be a Great Pick

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FAIRLESS HILLS, Pa., June 01, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm”) (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics equipment and supplies, today announced that it has completed its previously announced acquisition of House & Garden, Inc., Humboldt Wholesale, Inc., Allied Imports & Logistics, Inc., and South Coast Horticultural Supply, Inc. (collectively “House & Garden”), a Humboldt County, Calif.-based producer of quality nutrients under the House & Garden and Mad Farmer brands. The announcement follows Hydrofarm's recent acquisition of nutrient manufacturer HEAVY 16 and continues Hydrofarm's strategic efforts to acquire manufacturers of branded products in key CEA product categories.

Hydrofarm Completes Acquisition of Premium Nutrient Producer House and Garden

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PETALUMA, Calif., May 26, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm”) (Nasdaq: HYFM), a leading independent distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture (“CEA”), today announced that the Company will participate in two investor conferences in June.

Hydrofarm Holdings Group to Participate in Two Investor Conferences in June

The stock price of Hydrofarm Holdings Group, Inc. (Nasdaq: HYFM) increased by 9.18% yesterday. This is why it happened.

HYFM Stock Price: 9.18% Increase Explanation

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News for Hydrofarm Holdings Group Stock (HYFM)