Scotts Miracle-Gro(SMG) - 2024 Q4 - Annual Results

Exhibit 99.1 The Scotts Miracle-Gro Company NEWS ScottsMiracle-Gro Reports Fiscal 2024 Fourth Quarter and Full-Year Results • U.S. Consumer fiscal 2024 sales up 6 percent in line with guidance; POS units up 9 percent year-over- year • Full-year GAAP gross margin rate of 23.9 percent; Non-GAAP adjusted gross margin rate up 340 basis points excluding one-time charges of 80 basis points • Full-year GAAP loss per share of $0.61; Non-GAAP adjusted EPS of $2.29 including one-time charges of $0.35 per share • Comp ...