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Download the Complete Report Here Local Bounti Corporation (LOCL) Retail Momentum, Food-Safety Relevance, and Yield Gains Strengthen the Growth Story; EBITDA Progress Continues Key Takeaways: Revenue increased 14% y/y and 4% q/q to $13.9 million, while adjusted EBITDA loss improved 17% y/y to $5.8 million. Progress toward positive adjusted EBITDA continues, supported by higher revenue, […] The post Local Bounti’s Network Yields at Record Levels, Retail Momentum Broadened – Quarterly Update Repor
SHOEMAKERSVILLE, Pa., Aug. 14, 2026 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its second quarter ended June 30, 2026. Comparison of Second Quarter vs. Prior Year Period: Net sales decreased to $23.2 million compared to $39.2 million.Gross Profit Margin increased to 11.
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Hydrofarm Holdings Group (NASDAQ:HYFM) has completed the $16 million sale of Aurora Peat Products and introduced Project Agility, a new initiative aimed at expanding its logistics services platform while simplifying operations and reducing debt. Key Investor TakeawaysHydrofarm completed the Aurora Peat sale for total consideration of $16 million, including a $5 million promissory note.
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