Hydrofarm misses estimates on sales decline, goes further in the red

https://s43720.pcdn.co/wp-content/uploads/2018/11/hydrofarm.jpg

Hydrofarm Holdings Group (Nasdaq: HYFM) saw its fourth-quarter sales drop 21% and losses widen Wednesday, as the hydroponics equipment manufacturer continues to face a tough market for indoor growing supplies.

The Pennsylvania-based company posted net sales of $37.3 million for the quarter ending Dec. 31, 2024, down from $47.2 million in…

Please login to read all 342 words.

Leave a Reply

Your email address will not be published. Required fields are marked *