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Scotts Miracle-Gro (SMG) Q3 EPS Up 12%
The Motley Fool· 2025-07-31 07:29
Core Insights - Scotts Miracle-Gro reported a significant profit beat with non-GAAP diluted EPS of $2.59, exceeding the analyst forecast of $2.26, while GAAP revenue was $1.19 billion, slightly below both the previous year's $1.20 billion and the analyst estimate of $1,226.93 million [1][2][5] - The company experienced a 1% increase in U.S. Consumer revenue, but total revenue slipped 1.2% year over year, indicating progress in cost control and profitability despite softness in top-line growth [1][5] Financial Performance - Non-GAAP diluted EPS reached $2.59, outperforming the analyst estimate by 14.6% [5] - GAAP revenue was $1.19 billion, down 1% from the prior year and missing the analyst forecast [2][5] - Gross margin rate (non-GAAP) improved by 2.9 percentage points to 32.1% due to reduced material and manufacturing costs [2][6] - Adjusted EBITDA (non-GAAP) was $256.1 million, an 8.1% increase from $236.8 million in Q3 2024 [2][6] Business Overview - Scotts Miracle-Gro is a leading manufacturer of consumer lawn and garden products in North America, with core brands including Scotts, Miracle-Gro, Ortho, and Roundup [3] - The company maintains strong partnerships with major retailers and focuses on cost management, expanding gross margin, and increasing consumer engagement through product innovation [4] Segment Performance - The U.S. Consumer segment, which accounts for the majority of results, saw a 1% increase in net sales, with segment profit growing 12% to $235.5 million [5] - The Hawthorne segment, focused on hydroponics, experienced a significant decline in net sales, dropping 54% to $31.2 million in Q3 FY2025, with plans for divestiture [7] - The "Other" segment, including Canada and miscellaneous international business, saw net sales rise 8% and segment profit climb 44% [7] Strategic Initiatives - The company launched new products in FY2025, including organic fertilizers and natural grass seed, capturing demand from new consumers [8] - Promotional efforts led to a 6% growth in U.S. Consumer point-of-sale units, despite discounting affecting average selling prices [8][9] Future Guidance - Management expects U.S. Consumer net sales to grow at a low single-digit rate for FY2025, with a non-GAAP adjusted gross margin around 30% [10] - Adjusted EBITDA is projected to be between $570 and $590 million, with non-GAAP adjusted EPS of at least $3.50 for FY2025 [10] - Free cash flow is anticipated to be about $250 million for FY2025, with leverage ending Q3 FY2025 at 4.15x [10]
Scotts (SMG) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2025-07-30 14:31
Core Insights - Scotts Miracle-Gro reported $1.19 billion in revenue for the quarter ended June 2025, reflecting a year-over-year decline of 1.2% [1] - The company's EPS for the same period was $2.59, an increase from $2.31 a year ago, indicating an EPS surprise of +18.26% compared to the consensus estimate of $2.19 [1] Revenue Performance - U.S. Consumer net sales were $1.03 billion, slightly below the estimated $1.07 billion, but showed a year-over-year increase of +1.3% [4] - Other net sales reached $126.6 million, exceeding the estimated $114.45 million, with a year-over-year increase of +8.2% [4] - Hawthorne segment net sales were $31.2 million, significantly below the estimated $44.53 million, representing a year-over-year decline of -53.9% [4] Segment Profit Analysis - U.S. Consumer segment profit (Non-GAAP) was $235.5 million, surpassing the average estimate of $194.79 million [4] - Other segment profit (Non-GAAP) was $16.8 million, exceeding the average estimate of $5.79 million [4] - Corporate segment loss (Non-GAAP) was $-28 million, which was better than the average estimate of $-31.49 million [4] Stock Performance - Scotts shares returned +1.1% over the past month, compared to the Zacks S&P 500 composite's +3.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Scotts Miracle-Gro(SMG) - 2025 Q3 - Earnings Call Transcript
2025-07-30 14:02
Financial Data and Key Metrics Changes - Year-to-date EBITDA increased by 9%, and EPS rose by 24% [11][58] - Gross margin improved to above 30%, with a GAAP gross margin rate of 33.7% compared to 28% in the prior year [57][60] - Total company net sales for the third quarter were $1.19 billion, down 1% year-over-year, while year-to-date total net sales were $3.03 billion, a decline of 3.6% [50][62] Business Line Data and Key Metrics Changes - U.S. Consumer net sales for the quarter were $1.03 billion, a 1% increase year-over-year, and year-to-date sales were $2.68 billion, down 1% [45][46] - POS units across categories were up 8% year-to-date, with notable increases in soils (+12%), mulch (+8%), and grass seed (+16%) [11][52] - The branded lawn fertilizers saw a 1% increase in POS units year-to-date, reversing a multi-year downward trend [52] Market Data and Key Metrics Changes - The lawn and garden market grew approximately 5% year-to-date, with the company gaining 2% market share [80] - E-commerce sales increased by 54% in online POS unit sales, reflecting a strong push to engage consumers through digital channels [24][51] Company Strategy and Development Direction - The company is focusing on internal initiatives to improve cost structure and efficiency while also shifting towards outward-facing initiatives to enhance consumer engagement [7][9] - Plans include expanding marketing efforts to younger consumers through digital platforms and influencers, as well as enhancing the R&D pipeline with more natural and organic solutions [21][25] - The company aims for sustained U.S. Consumer sales growth averaging 3% annually, with a gross margin target of 35% or higher [38][63] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving EBITDA guidance and reaffirmed expectations for top and bottom line metrics despite weather challenges [10][11] - The company is optimistic about the lawn and garden category's growth and the strength of its consumer business, emphasizing the importance of partnerships with retailers [35][94] - Management highlighted the positive impact of recent tax policy changes on future cash tax benefits, allowing for further investment in the business [60] Other Important Information - The company is in the process of divesting its Hawthorne business, which has shown three consecutive quarters of profitability [36][49] - The company plans to take pricing in the upcoming fiscal year to support margin recovery and innovation investments [39][63] Q&A Session Summary Question: Pricing and price mix performance in '25 and strategy for '26 - Management indicated a pricing increase of just under 1.5% in '25, with plans to pursue further pricing adjustments in '26 while maintaining activation spending with retail partners [77][78] Question: Category growth at retail in '25 and comparison to company performance - The lawn and garden market has grown about 5% year-to-date, with the company gaining approximately 2% market share [80] Question: Performance of customers who engaged in traffic-driving strategies - Management noted that retailers who actively participated in promotional programs saw better performance, and future spending will focus on those retailers [84][86] Question: Visibility into achieving mid-30s gross margin over the next few years - Management outlined a phased approach to improving gross margin, targeting a 1% benefit from supply chain savings and another 1% from net pricing adjustments [90][91]
Scotts Miracle-Gro(SMG) - 2025 Q3 - Earnings Call Transcript
2025-07-30 14:00
Financial Data and Key Metrics Changes - Year-to-date EBITDA increased by 9%, and EPS rose by 24% [9][53] - Gross margin is above 30%, with a GAAP gross margin rate of 31.8% compared to 29.5% in the prior year [52][50] - Total company net sales for the third quarter were $1,190 million, down 1% from $1,200 million a year ago [46] Business Line Data and Key Metrics Changes - POS units across categories are up 8% year-to-date, with branded lawn fertilizers POS units up 1% [9][48] - Soils POS units increased by 12%, mulch by 8%, and grass seed by 16% year-to-date [9][48] - Hawthorne net sales were $31 million for the quarter, down from $68 million in the prior year [45] Market Data and Key Metrics Changes - U.S. Consumer net sales for the quarter were $1,030 million, an increase of 1% year-over-year [41] - The lawn and garden market has grown about 5% year-to-date, with the company gaining about 2% market share [74][75] - E-commerce sales increased by 54% in online POS unit sales [22] Company Strategy and Development Direction - The company is focusing on internal initiatives to improve cost structure and efficiency while also shifting to outward-facing initiatives to enhance consumer engagement [6][7] - Plans to invest in technology, AI, and automation to drive operational efficiencies [57][16] - The transformation initiative aims to create a world-class consumer goods company and expand marketing efforts to younger consumers [17][21] Management's Comments on Operating Environment and Future Outlook - Management reaffirmed EBITDA guidance and expects to deliver on top and bottom line metrics [8] - The company is optimistic about the lawn and garden category's growth and its ability to capture market share [62][88] - Management highlighted the importance of partnerships with retailers and the positive outlook for the lawn and garden market [32][66] Other Important Information - The company plans to take pricing in the next fiscal year to help drive margins [36] - The transformation of the lawns business is underway, focusing on a revamped product line and new media strategies [26][29] - The company is committed to sustainability and meeting consumer demands for organic and natural products [23][19] Q&A Session Summary Question: What is the pricing strategy for '26? - The company took a pricing increase of just under 1.5% in '25 and plans to pursue pricing in '26, considering commodity costs [71][72] Question: What is the category growth at retail in '25? - The lawn and garden market has grown about 5% year-to-date, with the company gaining about 2% of that share [74][75] Question: How are retailers responding to the activation strategy? - Retailers that engaged with the company's activation strategy saw relative outperformance, and the company plans to continue investing in those partnerships [79][80] Question: What is the visibility into achieving mid-30s gross margin? - The company expects to achieve mid-30s gross margin through supply chain savings and net pricing strategies over the next few years [85][86]
Scotts Miracle-Gro (SMG) Surpasses Q3 Earnings Estimates
ZACKS· 2025-07-30 13:11
Scotts Miracle-Gro (SMG) came out with quarterly earnings of $2.59 per share, beating the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $2.31 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +18.26%. A quarter ago, it was expected that this lawn and garden products company would post earnings of $3.95 per share when it actually produced earnings of $3.98, delivering a surprise of +0.76%. Over the la ...
Scotts Miracle-Gro(SMG) - 2025 Q3 - Earnings Call Presentation
2025-07-30 13:00
Financial Performance - Q3 2025 - Net sales reached $1.19 billion, a decrease of 1% compared to Q3 2024[56] - Adjusted gross margin rate improved to 32.1%, an increase of 290 bps from Q3 2024[56] - Adjusted net income was $151.5 million, compared to $133.8 million in Q3 2024[56] - Adjusted diluted EPS was $2.59, compared to $2.31 in Q3 2024[56] - Adjusted EBITDA was $256.1 million, compared to $236.8 million in Q3 2024[56] Segment Performance - U S Consumer net sales increased by 1% in Q3 2025[64] - Hawthorne net sales decreased by 54% in Q3 2025[64] - Other segment net sales increased by 8% in Q3 2025[64] Strategic Focus & Outlook - The company aims for sustainable net sales growth, averaging 3% annually, focused on the consumer lawn & garden business[19] - The company expects approximately $75 million in additional supply chain cost savings over fiscal years 2026 and 2027[45] - The company anticipates approximately $250 million in free cash flow for fiscal year 2025[60] - The company projects an adjusted gross margin rate of approximately 30% for fiscal year 2025, targeting mid-30% by fiscal year 2027[60] - E-commerce penetration of POS dollars is at approximately 10% year-to-date[41]
Scotts Miracle-Gro(SMG) - 2025 Q3 - Quarterly Results
2025-07-30 11:37
[Third Quarter 2025 Results Overview](index=1&type=section&id=Third%20Quarter%202025%20Results%20Overview) The company reported its third-quarter fiscal 2025 results, highlighting financial performance, management's strategic commentary, and reaffirmed full-year guidance [Q3 2025 Financial Performance Highlights](index=1&type=section&id=Q3%202025%20Financial%20Performance%20Highlights) Despite a slight 1% sales decrease to $1.19 billion, ScottsMiracle-Gro significantly improved profitability, driven by substantial gross margin expansion Q3 2025 Financial Performance (in millions, except per share data) | Financial Metric | Q3 2025 | Q3 2024 | Change | | :--- | :--- | :--- | :--- | | Total Company Sales | $1,190.0 | $1,200.0 | -1% | | U.S. Consumer Sales | $1,030.0 | $1,020.0 | +1% | | GAAP Net Income | $149.1 | $132.1 | +12.9% | | GAAP Diluted EPS | $2.54 | $2.28 | +11.4% | | Non-GAAP Adj. Net Income | $151.5 | $133.8 | +13.2% | | Non-GAAP Adj. Diluted EPS | $2.59 | $2.31 | +12.1% | | Non-GAAP Adj. EBITDA | $256.1 | $236.8 | +8.2% | Gross Margin Rate Performance | Gross Margin Rate | Q3 2025 | Q3 2024 | Basis Point Change | | :--- | :--- | :--- | :--- | | GAAP | 31.8% | 29.5% | +230 bps | | Non-GAAP Adjusted | 32.1% | 29.2% | +290 bps | - Gross margin improvement was attributed to a **better product mix**, including **fewer low-margin sales** and **more high-margin branded products**, as well as **lower material, manufacturing, and distribution costs**[6](index=6&type=chunk) - Leverage improved significantly, reaching **4.15x**, a reduction of over **1.3x** compared to the same period last year[9](index=9&type=chunk) [Management Commentary](index=1&type=section&id=Management%20Commentary) Management expressed confidence in achieving full-year fiscal 2025 guidance, citing strong consumer and retail partner engagement, while strategically shifting focus to attracting new and younger consumers for future growth - CEO Jim Hagedorn stated the company delivered **significant improvements** in key financial metrics, putting it **on track to meet full-year guidance**[3](index=3&type=chunk) - The company is **transitioning from internal cost-saving and efficiency initiatives to external efforts** aimed at **attracting new and younger consumers**[4](index=4&type=chunk) - CFO Mark Scheiwer noted **strong engagement from retailers and consumers** is expected to continue, bolstering confidence in fiscal 2025 commitments to **improve profitability and strengthen the balance sheet**[4](index=4&type=chunk) [Fiscal 2025 Outlook](index=2&type=section&id=Fiscal%202025%20Outlook) The company reaffirmed its full-year non-GAAP fiscal 2025 guidance, targeting low single-digit U.S. Consumer net sales growth, approximately 30% adjusted gross margin, adjusted EBITDA between $570 million and $590 million, and at least $3.50 in adjusted EPS Fiscal Year 2025 Guidance (in millions, except per share data) | Metric | FY 2025 Guidance | | :--- | :--- | | U.S. Consumer Net Sales Growth | Low single-digit growth (excl. non-repeat sales) | | Non-GAAP Adjusted Gross Margin | ~30% | | Non-GAAP Adjusted EBITDA | $570 - $590 | | Non-GAAP Adjusted EPS | At least $3.50 | | Free Cash Flow | ~$250 | - The company **reaffirmed the full-year non-GAAP fiscal 2025 guidance** previously provided in early June[10](index=10&type=chunk) [Financial Statements](index=4&type=section&id=Financial%20Statements) This section presents the company's condensed consolidated statements of operations, segment results, and balance sheets for the reported periods [Condensed Consolidated Statements of Operations](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) For Q3 2025, net sales decreased 1% to $1.19 billion, while income from operations grew 7% to $215.0 million and net income increased 13% to $149.1 million, reflecting improved profitability for both the quarter and the nine-month period Condensed Consolidated Statements of Operations (Three Months Ended June 28, 2025 and June 29, 2024) (in millions, except per share data) | (In millions, except per share data) | Three Months Ended June 28, 2025 | Three Months Ended June 29, 2024 | % Change | | :--- | :--- | :--- | :--- | | Net sales | $1,188.0 | $1,202.2 | (1)% | | Gross margin | $378.0 | $354.1 | 7% | | Income from operations | $215.0 | $200.1 | 7% | | Net income | $149.1 | $132.1 | 13% | | Diluted net income per common share | $2.54 | $2.28 | 11% | Condensed Consolidated Statements of Operations (Nine Months Ended June 28, 2025 and June 29, 2024) (in millions, except per share data) | (In millions, except per share data) | Nine Months Ended June 28, 2025 | Nine Months Ended June 29, 2024 | % Change | | :--- | :--- | :--- | :--- | | Net sales | $3,025.8 | $3,138.0 | (4)% | | Gross margin | $1,020.7 | $880.0 | 16% | | Income from operations | $508.7 | $424.9 | 20% | | Net income | $297.1 | $209.1 | 42% | | Diluted net income per common share | $5.07 | $3.64 | 39% | [Segment Results](index=5&type=section&id=Segment%20Results) In Q3 2025, U.S. Consumer sales grew 1% to $1.03 billion with a 12% profit increase, while Hawthorne sales sharply declined 54% to $31.2 million with zero profit, and the 'Other' segment saw strong 8% sales growth and 44% profit rise Net Sales by Segment (in millions) | Net Sales (in millions) | Q3 2025 | Q3 2024 | % Change | | :--- | :--- | :--- | :--- | | U.S. Consumer | $1,030.2 | $1,017.5 | 1% | | Hawthorne | $31.2 | $67.7 | (54)% | | Other | $126.6 | $117.0 | 8% | | **Consolidated** | **$1,188.0** | **$1,202.2** | **(1)%** | Segment Profit (Non-GAAP, in millions) | Segment Profit (Non-GAAP, in millions) | Q3 2025 | Q3 2024 | % Change | | :--- | :--- | :--- | :--- | | U.S. Consumer | $235.5 | $210.3 | 12% | | Hawthorne | $— | $3.8 | (100)% | | Other | $16.8 | $11.7 | 44% | | **Total Segment Profit** | **$252.3** | **$225.8** | **12%** | [Condensed Consolidated Balance Sheets](index=6&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) As of June 28, 2025, total assets decreased to $3.09 billion from $3.49 billion, total liabilities reduced to $3.26 billion from $3.64 billion, with cash and equivalents decreasing to $51.1 million and long-term debt to $2.14 billion Condensed Consolidated Balance Sheets (in millions) | (In millions) | June 28, 2025 | June 29, 2024 | | :--- | :--- | :--- | | **Assets** | | | | Cash and cash equivalents | $51.1 | $279.9 | | Inventories | $544.3 | $606.8 | | Total current assets | $1,283.3 | $1,538.4 | | Total assets | $3,090.6 | $3,489.3 | | **Liabilities and Equity** | | | | Total current liabilities | $798.6 | $854.4 | | Long-term debt | $2,136.2 | $2,436.4 | | Total liabilities | $3,261.5 | $3,635.5 | | Equity (deficit) | $(170.9) | $(146.2) | [Non-GAAP Financial Measures](index=7&type=section&id=Non-GAAP%20Financial%20Measures) This section provides reconciliations of GAAP to non-GAAP financial measures and explains the rationale for their use in performance evaluation and financial planning [Reconciliation of Non-GAAP Measures](index=7&type=section&id=Reconciliation%20of%20Non-GAAP%20Measures) The report details reconciliations of GAAP to non-GAAP financial measures, showing Q3 2025 adjusted net income at $151.5 million and adjusted EBITDA at $256.1 million after specific adjustments Q3 2025 Reconciliation of GAAP to Non-GAAP Measures (in millions, except per share data) | Q3 2025 Reconciliation (In millions) | As Reported (GAAP) | Adjustments | Adjusted (Non-GAAP) | | :--- | :--- | :--- | :--- | | Gross margin | $378.0 | $(3.7) | $381.7 | | Income from operations | $215.0 | $(6.1) | $221.2 | | Net income | $149.1 | $(2.5) | $151.5 | | Diluted EPS | $2.54 | $(0.04) | $2.59 | Adjusted EBITDA Calculation (in millions) | Adjusted EBITDA Calculation (In millions) | Q3 2025 | Q3 2024 | | :--- | :--- | :--- | | Net income (GAAP) | $149.1 | $132.1 | | Plus: Income tax, Interest, D&A, etc. | $107.0 | $86.2 | | **Adjusted EBITDA (Non-GAAP)** | **$256.1** | **$236.8** | [Explanation of Non-GAAP Measures](index=9&type=section&id=Explanation%20of%20Non-GAAP%20Measures) Management utilizes non-GAAP financial measures, excluding non-ordinary items like impairments and restructuring costs, for performance evaluation, financial planning, and incentive compensation, believing they offer a clearer view of underlying business trends, while forward-looking reconciliation is not provided due to unreasonable efforts - Management uses non-GAAP measures to **evaluate performance**, for **financial and operational planning**, and to **determine incentive compensation**[33](index=33&type=chunk) - Non-GAAP measures exclude items such as **impairments**, **restructuring and employee severance costs**, and **costs related to refinancing** to provide a supplemental comparison of operating results[37](index=37&type=chunk) - The company **does not provide a reconciliation of forward-looking non-GAAP measures to GAAP measures**, citing the **unreasonable efforts exception under Regulation S-K**[45](index=45&type=chunk) [Other Information](index=2&type=section&id=Other%20Information) This section provides an overview of ScottsMiracle-Gro's business and includes cautionary notes regarding forward-looking statements and associated risk factors [About ScottsMiracle-Gro](index=2&type=section&id=About%20ScottsMiracle-Gro) ScottsMiracle-Gro is the world's largest marketer of branded consumer lawn and garden products with approximately $3.6 billion in sales, including key brands like Scotts®, Miracle-Gro®, and Ortho®, and operates in the indoor/hydroponic segment through Hawthorne Gardening Company - The company is the **world's largest marketer** of branded consumer products for lawn and garden care, with approximately **$3.6 billion** in sales[11](index=11&type=chunk) - Key market-leading brands include **Scotts®**, **Miracle-Gro®**, and **Ortho®**[11](index=11&type=chunk) - The **Hawthorne Gardening Company** subsidiary is a **leading provider of materials for the indoor and hydroponic growing segment**[11](index=11&type=chunk) [Cautionary Note Regarding Forward-Looking Statements](index=2&type=section&id=Cautionary%20Note%20Regarding%20Forward-Looking%20Statements) This report contains forward-looking statements subject to risks including economic downturns, cybersecurity, competition, weather, supply chain disruptions, and sales concentration, with Hagedorn Partnership, L.P. holding significant influence due to its 23% common share ownership - Identified risks include **economic downturns**, **IT system failures or cyber-attacks**, **market competition**, **climate change**, and **supply chain disruptions**[14](index=14&type=chunk) - The company's **sales are concentrated with a small number of retail customers**, posing a **risk if a top customer is lost or reduces orders**[14](index=14&type=chunk) - Hagedorn Partnership, L.P. beneficially owns approximately **23%** of the Company's common shares and can **significantly influence shareholder decisions**[14](index=14&type=chunk)
ScottsMiracle-Gro Drives EBITDA and EPS Growth in Third Quarter; Gross Margin Improvement and Increase in U.S. Consumer Net Sales Fuel Gains
GlobeNewswire News Room· 2025-07-30 11:00
MARYSVILLE, Ohio, July 30, 2025 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden products as well as a leader in indoor and hydroponic growing products, today announced its results for the third quarter ended June 28, 2025. "We delivered significant improvements in the financial metrics that are central to our fiscal '25 plans, further putting us on the path to achieving our full-year guidance," said Jim Hagedorn, chairman and c ...
Earnings Preview: Scotts Miracle-Gro (SMG) Q3 Earnings Expected to Decline
ZACKS· 2025-07-23 15:07
Core Viewpoint - Scotts Miracle-Gro (SMG) is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ending June 2025, with the actual results being crucial for its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to show quarterly earnings of $2.19 per share, reflecting a year-over-year decrease of 5.2%, while revenues are projected to be $1.23 billion, an increase of 2.4% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 0.32% higher in the last 30 days, indicating a slight positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Scotts is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -5.81%, indicating a bearish outlook from analysts [12]. Historical Performance - In the last reported quarter, Scotts was expected to post earnings of $3.95 per share but exceeded expectations with actual earnings of $3.98, resulting in a surprise of +0.76%. Over the last four quarters, the company has beaten consensus EPS estimates three times [13][14]. Investment Considerations - Despite the potential for an earnings beat, other factors may influence stock movement, and Scotts does not currently appear to be a compelling earnings-beat candidate [15][17].
ScottsMiracle-Gro Announces Timing of Third Quarter 2025 Financial Results and Webcast
GlobeNewswire News Room· 2025-07-16 20:00
Core Viewpoint - Scotts Miracle-Gro Company will release its third quarter financial results on July 30, 2025, and will host a video presentation followed by a Q&A session [1][2]. Company Overview - Scotts Miracle-Gro is the world's largest marketer of branded consumer lawn and garden products, with approximately $3.6 billion in sales [3]. - The company's leading brands include Scotts®, Miracle-Gro®, and Ortho®, which are recognized market leaders in their respective categories [3]. - The Hawthorne Gardening Company, a wholly-owned subsidiary, specializes in nutrients, lighting, and materials for indoor and hydroponic growing [3].