Hydrofarm(HYFM) - 2024 Q1 - Earnings Call Transcript
Hydrofarm(HYFM)2024-05-14 14:49
Thank you, Anna Kate, and good morning, everyone. I am pleased to report that in our first quarter, we delivered better results in many key profitability metrics, including adjusted gross profit margin, adjusted EBITDA, adjusted EBITDA margin and free cash flow. In addition, March 2024 marked the 5th consecutive month of sequential net sales growth for Hydrofarm. That's the longest string of sequential monthly growth we have seen since our IPO in 2020. As part of the transaction, we will no longer be respon ...