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Scotts Miracle-Gro Q2 Earnings Surpass Estimates, Sales Miss
ZACKS· 2025-05-05 14:35
The Scotts Miracle-Gro Company (SMG) reported a second-quarter fiscal 2025 (ended March 29, 2025) profit of $217.5 million or $3.72 per share, roughly 38% higher than $157.5 million or $2.74 per share in the prior-year quarter.Barring one-time items, the adjusted earnings were $3.98 per share compared with $3.69 a year ago, topping the Zacks Consensus Estimate of $3.95.The company’s net sales in the fiscal second quarter were $1,421 million, which missed the Zacks Consensus Estimate of $1,498.2 million. Net ...
Scotts (SMG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-04-30 14:36
For the quarter ended March 2025, Scotts Miracle-Gro (SMG) reported revenue of $1.42 billion, down 6.8% over the same period last year. EPS came in at $3.98, compared to $3.69 in the year-ago quarter.The reported revenue represents a surprise of -5.15% over the Zacks Consensus Estimate of $1.5 billion. With the consensus EPS estimate being $3.95, the EPS surprise was +0.76%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...
Scotts Miracle-Gro(SMG) - 2025 Q2 - Earnings Call Presentation
2025-04-30 14:03
Second Quarter ended March 29, 2025 Quarterly Earnings Report Supplemental Financial Presentation April 30, 2025 Please view this presentation in conjunction with our Q2 2025 earnings release, which is furnished on Form 8-K, our related pre-recorded remarks and additional information regarding our non-GAAP financial measures, including GAAP to non-GAAP reconciliations, available on our website at https://investor.scotts.com. This presentation contains certain non-GAAP financial measures. For a reconciliatio ...
Scotts Miracle-Gro (SMG) Tops Q2 Earnings Estimates
ZACKS· 2025-04-30 13:20
Core Viewpoint - Scotts Miracle-Gro reported quarterly earnings of $3.98 per share, exceeding the Zacks Consensus Estimate of $3.95 per share, and showing an increase from $3.69 per share a year ago, indicating a positive earnings surprise of 0.76% [1] Financial Performance - The company posted revenues of $1.42 billion for the quarter ended March 2025, which was below the Zacks Consensus Estimate by 5.15%, and a decrease from $1.53 billion in the same quarter last year [2] - Over the last four quarters, Scotts has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - Scotts shares have declined approximately 19.3% since the beginning of the year, compared to a decline of 5.5% in the S&P 500 [3] - The current Zacks Rank for Scotts is 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.12 on revenues of $1.22 billion, and for the current fiscal year, it is $3.40 on revenues of $3.54 billion [7] - The trend of estimate revisions for Scotts has been unfavorable ahead of the earnings release, which may impact future stock performance [6] Industry Context - The Agriculture - Operations industry, to which Scotts belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]
Scotts Miracle-Gro(SMG) - 2025 Q2 - Earnings Call Transcript
2025-04-30 13:00
Scotts Miracle-Gro (SMG) Q2 2025 Earnings Call April 30, 2025 09:00 AM ET Speaker0 Good morning. Speaker1 Welcome to Scotts Miracle Gro's second quarter twenty twenty five earnings webcast. I'm Brad Shelton, Head of Investor Relations. Speaking today are Chairman and CEO, Jim Hagedorn and Chief Financial Officer and Chief Accounting Officer, Mark Shiwer. Jim will provide a business update, followed by Mark with a review of our financial results. In conjunction with our commentary today, please review our ea ...
Scotts Miracle-Gro(SMG) - 2025 Q2 - Quarterly Results
2025-04-30 11:42
Financial Results - The Scotts Miracle-Gro Company reported preliminary financial results for the three and six months ended March 29, 2025[4]. - The report includes a news release issued on April 28, 2025, detailing financial performance[9]. Clarifications - The news release clarifies statements made by the Company's Chairman and CEO during an appearance on CNBC Mad Money[4]. - No financial statements of businesses acquired were applicable in this report[5].
ScottsMiracle-Gro Reports Second Quarter Results; Gross Margin Improvement Drives EBITDA Growth
GlobeNewswire News Room· 2025-04-30 11:00
Company reaffirms full-year U.S. Consumer segment net sales, consolidated adjusted gross margin and adjusted EBITDA and free cash flow guidanceConsumer POS units were up 12 percent through first half; 60 percent of full-year consumer takeaway expected in third quarterQ2 2025 GAAP gross margin rate of 38.6% and non-GAAP adjusted gross margin rate of 39.1% reflect 820 and 380 basis point improvements over prior year, respectivelyQ2 2025 GAAP EPS of $3.72; non-GAAP Adjusted EPS of $3.98Q2 2025 non-GAAP Adjuste ...
ScottsMiracle-Gro CEO Reports Strong POS Unit Gains During CNBC Mad Money Appearance
GlobeNewswire· 2025-04-28 11:00
Brad Chelton Vice President Treasury, Tax and Investor Relations brad.chelton@scotts.com (937) 309-2503 For media inquiries: Tom Matthews Chief Communications Officer tom.matthews@scotts.com (937) 844-3864 The Company will disclose financial results, including sales, for the second quarter and first half of the fiscal year on Wednesday, April 30, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9 a.m. ET followed by an audio question-and-answer se ...
ScottsMiracle-Gro Announces Timing of Second Quarter 2025 Financial Results and Webcast
Newsfilter· 2025-04-16 20:00
Core Points - Scotts Miracle-Gro Company will release its second quarter financial results on April 30, 2025, before U.S. market opening [1] - A video presentation will be hosted at 9:00 a.m. ET, followed by an audio question-and-answer session [1] - The company is the largest marketer of branded consumer lawn and garden products, with approximately $3.6 billion in sales [3] Company Overview - Scotts Miracle-Gro's brands, including Scotts®, Miracle-Gro®, and Ortho®, are market leaders in their respective categories [3] - The Hawthorne Gardening Company, a wholly-owned subsidiary, specializes in indoor and hydroponic growing products [3] Investor Information - Investors can register for the webcast to participate in the presentation and Q&A session [2] - A replay of the conference call will be available on the company's investor website for at least 12 months [2]
ScottsMiracle-Gro Announces Transfer of Hawthorne Collective
ZACKS· 2025-04-11 12:25
The Scotts Miracle-Gro Company (SMG) has announced the transfer of its fully-owned subsidiary, The Hawthorne Collective, Inc., to an independent partner.The Hawthorne Collective, founded in 2021, was created to invest in areas in the cannabis industry that fall outside the scope of SMG's other subsidiary, Hawthorne Gardening Company, which provides cultivation products such as lighting, nutrients and other supplies to cannabis growers and hydroponic cultivators. The Hawthorne Collective owns a stake in Flue ...