Hydrofarm(HYFM) - 2024 Q1 - Quarterly Results

Exhibit 99.1 First Quarter 2024 Highlights vs. Prior Year Period: (1) Adjusted Gross Profit (Loss), Adjusted Gross Profit Margin, Adjusted SG&A, Adjusted SG&A as a percent of net sales, Adjusted EBITDA, and Free Cash Flow are non-GAAP measures. For reconciliations of non-GAAP to GAAP measures see the "Reconciliation of Non-GAAP Measures" accompanying the release. Bill Toler, Chairman and Chief Executive Officer of Hydrofarm, said, "We are pleased with our first quarter results, as we delivered Adjusted Gros ...