Core Insights - Scotts Miracle-Gro reported revenue of $1.42 billion for the quarter ended March 2025, reflecting a 6.8% decline year-over-year and a surprise of -5.15% compared to the Zacks Consensus Estimate of $1.5 billion [1] - The company's EPS for the quarter was $3.98, an increase from $3.69 in the same quarter last year, resulting in an EPS surprise of +0.76% against the consensus estimate of $3.95 [1] Financial Performance - U.S. Consumer Net Sales were reported at $1.31 billion, below the average estimate of $1.37 billion, marking a year-over-year decrease of 5% [4] - Other Net Sales reached $76.80 million, slightly above the average estimate of $76.74 million, with a year-over-year decline of 3% [4] - Hawthorne Net Sales were significantly lower at $32.70 million, compared to the estimated $54.86 million, representing a drastic year-over-year decline of 50.8% [4] Segment Profitability - U.S. Consumer Segment Profit (Non-GAAP) was $392.50 million, slightly above the average estimate of $390.69 million [4] - Hawthorne Segment Profit (Non-GAAP) reported a loss of -$0.90 million, contrasting with the average estimate of a profit of $0.99 million [4] - Other Segment Profit (Non-GAAP) was $9 million, exceeding the average estimate of $2.80 million [4] - Corporate Segment Loss (Non-GAAP) was -$34.80 million, slightly worse than the average estimate of -$33.34 million [4] Stock Performance - Scotts' shares have returned -2.3% over the past month, underperforming the Zacks S&P 500 composite's -0.2% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance in the near term [3]
Scotts (SMG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates