FAIRLESS HILLS, Pa., May 03, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (Nasdaq: HYFM), a leading independent. YP, the YP logo and all other YP marks contained herein are trademarks of YP LLC and/or YP affiliated companies. Yelp is a fun and easy way to find, recommend and talk about what's great and not so great in Fairless Hills and beyond. ir@hydrofarm.com, Media Contacts: Hydrofarm East Canal Road details with 4 reviews, phone number, location on map. For over 30 years, AXEON has offered the industrys most reliable water filtration systems that are backed by the highest level of customer and technical support, in addition to an ironclad customer satisfaction and warranty policy. Hydrofarm East - Fairless Hills, PA 19030, 270 Canal Rd - Reviews . Impressive customer service aswell. What are you looking for? The net proceeds to the Company from this offering, after deducting the underwriting discounts and commissions and estimated offering expenses payable by the Company, are expected to be approximately $269.3 million. Get Hydrofarm East reviews, rating, hours, phone number, directions and more. Company Lists & Search Criteria, Advanced Search (filter by dozens of criteria including revenue, employees, business activity, geography, distance, industry, age, phone & demographics), Building & Tenant Search by Address or Street Name, Create, Save & Share Place Lists and Search Criteria, Access Information on 40+ million Contacts ( No Email), Create, Save & Share Contact Lists & Search Criteria, Contact Information Export Limits (No Email Addresses), Monthly Subscription - Contact Email Address Limits, Annual Subscription - Contact Email Address Limits. Although Hydrofarm believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. HEAVY 16 CEO Aaron Berkowitz will join the Hydrofarm senior management team as he continues to lead the HEAVY 16 business. The transaction represents an acquisition value of less than 7x HEAVY 16s estimated 2021 Adjusted EBITDA, excluding synergies but including the net present value of tax benefits resulting from the transaction. AXEON will be introducing several new reverse osmosis and filtration system designs that bring cutting-edge technologies, aesthetics and performance to growers around the world, said Bill Toler, Chairman and Chief Executive Officer of Hydrofarm. FAIRLESS HILLS, Pa., April 28, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (Nasdaq: HYFM), a leading independent distributor and manufacturer of. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. The Company also announced the following preliminary unaudited financial results for its first quarter ended March31, 2021: The expected increases in net income and Adjusted EBITDA are due in part to (i) anticipated higher sales driven in part by the Companys proprietary brands which it believes grew faster than its preferred and distributed brands in the first quarter of 2021 versus the same period in the prior year, (ii) anticipated higher gross profit resulting from the higher sales referenced above and a higher gross profit margin in the first quarter of 2021 versus the same period in the prior year primarily as a result of more favorable sales mix, and (iii) anticipated leverage on the Companys selling, general and administrative expenses which it expects were lower as a percentage of net sales in the first quarter of 2021 versus the same period in the prior year. Recommended Reviews. The conference call can be accessed live over the phone by dialing 201-389-0879. } These forward-looking statements reflect the current beliefs and expectations of management and include, but are not limited to, statements regarding the expected gross proceeds of the offering, the satisfaction of customary closing conditions related to the offering and sale of securities, and Hydrofarms ability to complete the offering. There are several limitations related to the use of our non-GAAP financial measures as compared to the closest comparable GAAP measures. Available across the U.S. in more than 300 retail stores, HEAVY 16 products provide a streamlined system for achieving even the most demanding agricultural goals. You can visit the organizationat: United States, Fairless Hills, PA19030, 270CanalRd. -or- Statements contained in this press release, other than statements of historical fact, which address activities, events and developments that the Company expects or anticipates will or may occur in the future, including, but not limited to, information regarding the future economic performance and financial condition of the Company, the plans and objectives of the Companys management, and the Companys assumptions regarding such performance and plans are forward-looking statements within the meaning of the U.S. federal securities laws that are subject to risks and uncertainties. Hydrofarm and AXEON Water Technologies Enter Strategic Partnership | Source: These forward-looking statements speak only as of the date of this press release, and Hydrofarm undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof. The Companys mission is to empower growers, farmers and cultivators with products that enable greater quality, efficiency, consistency and speed in their grow projects. Actual results could differ materially from the forward-looking information in this release due to a variety of factors, including, but not limited to: The ongoing COVID-19 pandemic could have a material adverse effect on the Companys business, results of operation, financial condition and/or cash flows; Interruptions in the Company's supply chain, whether due to COVID-19 or otherwise could adversely impact expected sales growth and operations; The highly competitive nature of the Companys markets could adversely affect its ability to maintain or grow revenues; Certain of the Companys products may be purchased for use in new or emerging industries or segments, including the cannabis industry, and/or be subject to varying, inconsistent, and rapidly changing laws, regulations, administrative and enforcement approaches, and consumer perceptions and, among other things, such laws, regulations, approaches and perceptions may adversely impact the market for the Companys products; Compliance with environmental and other public health regulations or changes in such regulations or regulatory enforcement priorities could increase the Companys costs of doing business or limit the Companys ability to market all of its products; Damage to the Companys reputation or the reputation of its products or products it markets on behalf of third parties could have an adverse effect on its business; If the Company is unable to effectively execute its e-commerce business, its reputation and operating results may be harmed; The Companys operations may be impaired if its information technology systems fail to perform adequately or if it is the subject of a data breach or cyber-attack; The Company may not be able to adequately protect its intellectual property and other proprietary rights that are material to the Companys business; Acquisitions, other strategic alliances and investments could result in operating and integration difficulties, dilution and other harmful consequences that may adversely impact the Companys business and results of operations. Address: 270 & 290 Canal Rd Fairless Fairless Hills, PA, 19030 United States See other locations Phone: ? Fitzhugh Taylor Tons of great salary information on Indeed.com For more than 40 years, Hydrofarm has helped growers in the U.S. and Canadian markets make growing easier and more productive. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. The following table reconciles Adjusted EBITDA to the net loss of $3.1million for the three months ended March31, 2020: We report our financial results in accordance with generally accepted accounting principles in the United States (GAAP). The LEC/CMH grow lights are available in 315W and in 3000K and 4200K color temperatures. Hydrofarm Salaries in Fairless Hills, PA | Glassdoor Shoemakersville, PA 19555 888.780.4567. A The phone number for Hydrofarm East is: (215) 337-9100. Hydrofarm East | Fairless Hills, PA 19030 | 215-337-9100 About Hydrofarm Holdings Group, Inc. 4 salaries for 2 jobs at Hydrofarm in Fairless Hills, PA. Salaries posted anonymously by Hydrofarm employees in Fairless Hills, PA. About AXEON Water TechnologiesAXEON Water Technologies leads the way in developing innovative water filtration technologies that serve a diverse range of industries and applications around the globe. Hydrofarm East Inc - Fairless Hills, PA 19030 - The Real Yellow Pages We are thrilled to join the Hydrofarm family of brands as we explore new frontiers in the CEA space together.. Website Take me there. April 26, 2021 16:00 ET Cautionary Note Regarding Forward-Looking Statements. Actual results could differ materially from the forward-looking information in this release due to a variety of factors, including, but not limited to:The ongoing COVID-19 pandemic could have a material adverse effect on the Companys business, results of operation, financial condition and/or cash flows; Interruptions in the Company's supply chain, whether due to COVID-19 or otherwise could adversely impact expected sales growth and operations; The highly competitive nature of the Companys markets could adversely affect its ability to maintain or grow revenues; Certain of the Companys products may be purchased for use in new or emerging industries or segments, including the cannabis industry, and/or be subject to varying, inconsistent, and rapidly changing laws, regulations, administrative and enforcement approaches, and consumer perceptions and, among other things, such laws, regulations, approaches and perceptions may adversely impact the market for the Companys products; Compliance with environmental and other public health regulations or changes in such regulations or regulatory enforcement priorities could increase the Companys costs of doing business or limit the Companys ability to market all of its products; Damage to the Companys reputation or the reputation of its products or products it markets on behalf of third parties could have an adverse effect on its business; If the Company is unable to effectively execute its e-commerce business, its reputation and operating results may be harmed; The Companys operations may be impaired if its information technology systems fail to perform adequately or if it is the subject of a data breach or cyber-attack; The Company may not be able to adequately protect its intellectual property and other proprietary rights that are material to the Companys business; Acquisitions, other strategic alliances and investments could result in operating and integration difficulties, dilution and other harmful consequences that may adversely impact the Companys business and results of operations. Fairless Hills, PA 19030. Growing starts with knowing. HiLUX GRO Ceramic Metal Halide Grow Light | Ushio America, Inc. As a leading hydroponics company, a key component of our growth strategy is to bring dynamic brands like HEAVY 16 under the Hydrofarm umbrella and continue to solidify our position as the acquirer of choice in this highly fragmented and fast-growing industry, said Bill Toler, Chairman and Chief Executive Officer of Hydrofarm. For more than 40 years, Hydrofarm has helped growers in the U.S. and Canadian markets make growing easier and more productive. Website. Hydrofarm, LLC careers in Fairless Hills, PA | Indeed.com For more than 40 years, Hydrofarm has helped growers in the U.S. and Canadian markets make growing easier and more productive. A registration statement relating to these securities has been filed with, and declared effective by, the U.S. Securities and Exchange Commission. A Hydrofarm East has a 4.0 Star Rating from 13 reviewers. 290 Canal Road Fairless Hills, PA 19030 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code:(707) 765-9990 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions: HYDROFARM CANADA WEST15030 54A Avenue . This is why professionals choose Ushio, a Japanese specialty lighting manufacturer. Hydrofarm East in Fairless Hills, PA - The Real Yellow Pages Professional growers will not use just any lamps to get just any results. #top .av-special-heading.av-4c753x-a68c934227ee45637efd86ade98802c8{ However, management believes that certain non-GAAP financial measures provide investors with additional useful information in evaluating our performance and that excluding certain items that may vary substantially in frequency and magnitude period-to-period from net income (loss) provides useful supplemental measures that assist in evaluating our ability to generate earnings and to more readily compare these metrics between past and future periods. Hydrofarm East | Fairless Hills, PA 19030 | 215-337-9100 For additional information, please visit: www.hydrofarm.com. FAIRLESS HILLS, Pa., Jan. 24, 2022 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (Hydrofarm or the Company) (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture (CEA), announced it has entered into an agreement with California-based AXEON Water Technologies (AXEON), a leading manufacturer of water purification solutions, to distribute new lines of reverse osmosis water filtration systems and solutions for the horticultural market. HYDROFARM EAST - 199 Canal Rd, Fairless Hills, PA - Yelp Hydrofarm East - Fairless Hills, PA 19030 - The Real Yellow Pages Humboldt Countys House & Garden is located in Arcata, Calif., and produces and distributes premium-grade plant nutrients and fertilizers across the globe. The Company estimates that net sales will range between $109 million to $111 million, as compared to $66.9 million for the three months ended March 31, 2020, an increase of approximately 65% calculated using the midpoint of the range. Each user is limited to a single free trial. Hydrofarm, Inc. Company Profile | Fairless Hills, PA | Competitors More. 270 Canal Road Fairless Hills, PA 19030 270 Canal Road Fairless Hills, PA 19030 Were excited to partner with the AXEON team and bring these new products to market.. Deloitte Corporate Finance LLC is serving as financial advisor and Dentons LLP is serving as legal advisor to House & Garden. 1. FAIRLESS HILLS, Pa., May 24, 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"), announced it has entered into an agreement to acquire House & Garden, Inc., Humboldt Wholesale, . The Companys mission is to empower growers, farmers and cultivators with products that enable greater quality, efficiency, consistency and speed in their grow projects. However, management believes that certain non-GAAP financial measures provide investors with additional useful information in evaluating the Companys performance and that excluding certain items that may vary substantially in frequency and magnitude period-to-period from net income (loss) provides useful supplemental measures that assist in evaluating its ability to generate earnings and to more readily compare these metrics between past and future periods. Rothschild & Co. is serving as financial advisor and Cozen OConnor is serving as legal advisor to Hydrofarm. .av-special-heading.av-4c753x-a68c934227ee45637efd86ade98802c8 .av-subheading{ Do Not Sell or Share My Personal Information. Hydrofarm and AXEON Water Technologies Enter Strategic Partnership Directions. In addition, HEAVY 16 Founder and Chief Agronomist Bryce Patterson will continue to work alongside Mr. Berkowitz as Chief Agronomist, focusing on research and development, customer experience, and integration efforts. Hydrofarm - Fairless Hills, PA - Farm in Fairless Hills, Pennsylvania House & Garden offers a strong product line of plant nutrients that will strengthen our position in the nutrient sector and complement our rapidly expanding portfolio of premium products for controlled environment agriculture, said Bill Toler, Chairman and Chief Executive Officer of Hydrofarm. The growth in net sales was broad and diverse, with higher net sales expected across multiple geographies, product categories and brand segments, including the Companys proprietary, preferred and distributed brands. PreliminaryFirst Quarter 2021 Financial Results. Hydrofarm Salaries trends. Let us know . Hydrofarm expects House & Garden to generate approximately $55 million in net sales across the full calendar year 2021, representing significant growth from the prior year. Hydroponics. When acompany has anecessity tocarry out labor that can not fall within its capabilities, itis best torely onbusiness-to-business services. Investor ContactFitzhugh Taylor / ICRir@hydrofarm.com, Media ContactThe LAKPR GroupHannah Arnold, 202-559-9171, harnold@lakpr.comLynn Trono, 323-672-8226, ltrono@lakpr.com-or-HydrofarmLisa Gallagher, 513-505-2334, lgallagher@hydrofarm.com.
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