Core Insights - Scotts Miracle-Gro Company is a leading marketer of branded consumer lawn and garden products in North America, with approximately $3.4 billion in sales [3] Group 1: Company Announcement - Nate Baxter, president and chief operating officer, and Mark Scheiwer, chief financial officer and chief accounting officer, will participate in a fireside chat at the Raymond James 2025 TMT & Consumer Conference on December 9, 2025, at 2:20 p.m. ET [1] - Investors can listen to a live webcast of the presentation and fireside chat from the Company's investor relations website, with an archive available for at least 90 days [2] Group 2: Company Overview - Scotts Miracle-Gro's brands, including Scotts®, Miracle-Gro®, Ortho®, and Tomcat®, are among the most recognized and market-leading in their categories within the lawn and garden industry [3]

Core Points - Starting in 2026, the Columbus Crew's stadium will be named ScottsMiracle-Gro Field, marking an expansion of the partnership between the Crew and ScottsMiracle-Gro Company, which has lasted over 15 years [1][2][3] Group 1: Partnership Details - The multi-year agreement includes stadium naming rights and aims to enhance community initiatives, particularly focusing on youth soccer and outdoor activities [3][7] - ScottsMiracle-Gro has been the Official Lawn Care & Gardening Partner for the Crew, providing products for maintaining the natural grass playing surfaces and supporting community programs [3][11] Group 2: Stadium and Events - The Crew's downtown stadium, opened in 2021, has hosted a record streak of 35 MLS regular season matches with capacity crowds from 2023 to 2025 [4] - The stadium will also host major soccer events, including the 2024 MLS All-Star Game and multiple U.S. Men's National Team matches, alongside private events throughout the year [5] Group 3: Community Engagement - The partnership will include the "Soccer in Schools" program, which aims to inspire youth participation in soccer and promote healthy habits [8] - The program provides educational resources to local school districts and aligns with physical education standards [8]

Core Insights - The Scotts Miracle-Gro Company reported significant improvements in key financial metrics for fiscal 2025, including gross margin, EBITDA, and EPS, indicating strong growth potential for fiscal 2026 [2][3][7]. Financial Performance - U.S. Consumer net sales reached $2.99 billion, aligning with guidance, with POS units and dollars increasing by 8.5% and 1.4% respectively [7]. - GAAP gross margin rate improved to 30.6%, while non-GAAP adjusted gross margin rate reached 31.2%, reflecting increases of 670 and 490 basis points over the prior year [7]. - GAAP earnings per share were $2.47, and non-GAAP adjusted earnings per share were $3.74, marking improvements of $3.08 and $1.45 per share over the previous year [7]. - Non-GAAP adjusted EBITDA was $581 million, an increase of $71 million compared to the prior year [7]. - Free cash flow of $274 million exceeded expectations, and net leverage improved to 4.10x, a reduction of 0.76x from the previous year [7]. Fiscal 2026 Guidance - The company anticipates continued growth, projecting non-GAAP adjusted gross margin of at least 32% and adjusted earnings per share between $4.15 and $4.35 for fiscal 2026 [7]. - Non-GAAP adjusted EBITDA is expected to show mid single-digit growth, with free cash flow projected at $275 million, further reducing the leverage ratio to the high 3's [7]. Operational Strategy - The company is implementing AI, robotic automation, and other efficiencies to achieve cost savings, which will be reinvested into brand innovation and channel expansion [3]. - The management expressed confidence in executing its growth strategy, supported by the strong financial performance and positive market trends observed in fiscal 2025 [3].

Core Viewpoint - Scotts Miracle-Gro Company is set to release its fourth quarter financial results on November 5, 2025, prior to the U.S. market opening, followed by a video presentation and a Q&A session [1]. 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 brands, including Scotts®, Miracle-Gro®, and Ortho®, are recognized as market leaders in their respective categories [3]. Investor Engagement - Investors can participate in the upcoming presentation and Q&A session by registering in advance through the provided webcast link [2]. - A replay of the conference call will be available on the company's investor website for at least 12 months [2].

Core Insights - The Scotts Miracle-Gro Company announced changes to its Board of Directors, with retired Lt. General John R. Vines retiring and former General Scott Miller appointed to the open seat [1][2][3] Board Changes - John R. Vines retired after over 12 years on the Board, maintaining an advisory role as Board member emeritus [2] - Scott Miller, a retired U.S. Army General with extensive military leadership experience, has been appointed to the Board [3][4] Leadership and Experience - Miller has commanded at all military levels and has a distinguished record, including leadership in complex geopolitical regions and significant combat experience [3][4] - The Board aims to enhance its skills and perspectives, with Miller being the sixth new member since 2022 [4] 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 [5]

Core Insights - The Scotts Miracle-Gro Company reported significant improvements in financial metrics for the third quarter of fiscal 2025, indicating progress towards achieving full-year guidance [2][4][8] Financial Performance - U.S. Consumer sales increased by 1% to $1.03 billion compared to $1.02 billion in the same period last year [4] - Total company sales decreased by 1% to $1.19 billion from $1.20 billion year-over-year [4] - GAAP net income for the quarter was $149.1 million, or $2.54 per diluted share, compared to $132.1 million, or $2.28 per diluted share, in the same quarter last year [6][18] - Non-GAAP adjusted net income was $151.5 million, or $2.59 per diluted share, compared to $133.8 million, or $2.31 per diluted share, for the same period last year [6][18] - Non-GAAP adjusted EBITDA for the quarter was $256.1 million, an increase from $236.8 million a year ago [7] Margin and Cost Improvements - GAAP gross margin rate was 31.8%, and non-GAAP adjusted gross margin rate was 32.1%, both showing improvements of 230 and 290 basis points over the prior year, respectively [8] - The improvements in gross margin were attributed to a better product mix and lower costs in materials, manufacturing, and distribution [5] Segment Performance - U.S. Consumer segment net sales grew by 1% year-over-year, while the Hawthorne segment saw a significant decline of 54% [19] - The Other segment, which includes the Canadian business, reported an 8% increase in net sales [19] - Total segment profit (non-GAAP) increased by 12% to $252.3 million compared to $225.8 million in the prior year [21] Outlook - The company reaffirms its full-year non-GAAP fiscal 2025 guidance, expecting continued growth in U.S. Consumer net sales and improved profitability [8][9] - The company anticipates a low single-digit growth in U.S. Consumer net sales for the full year, with adjusted EBITDA projected between $570 million to $590 million [9]

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].

Core Viewpoint - The Scotts Miracle-Gro Company reaffirms its fiscal year 2025 guidance, indicating confidence in its performance during the peak lawn and garden season and projecting significant growth in earnings and reduced interest expenses [1][4][5]. Financial Performance - The company reported year-to-date increases in point-of-sale (POS) units and dollars, consistent with trends from the first half of the fiscal year [2]. - Interest expense is projected to be approximately $30 million lower than the previous year, an improvement from earlier estimates of a $15 million to $20 million decrease [3]. - The diluted share count is expected to increase by approximately 1 million, down from a previous estimate of 2 million [3]. - Non-GAAP adjusted earnings per diluted share are projected to be at least $3.50, representing a 53% increase compared to the prior year [3]. Strategic Outlook - The company aims to improve shareholder returns and achieve multi-year objectives, with a focus on delivering adjusted EBITDA and free cash flow targets [4]. - The goal is to exit 2025 with a significantly improved debt position, targeting a leverage ratio below 3.5 by the end of fiscal 2027 [4]. Market Position - Scotts Miracle-Gro is the world's largest marketer of branded consumer products for lawn and garden care, with approximately $3.6 billion in sales [6]. - The company's brands, including Scotts®, Miracle-Gro®, and Ortho®, are market leaders in their respective categories [6].

Core Insights - Scotts Miracle-Gro Company will participate in the William Blair 45th Annual Growth Stock Conference on June 5, 2025, in Chicago [1][2] - The company is a leader in branded consumer lawn and garden products, with approximately $3.6 billion in sales [3] Company Overview - Scotts Miracle-Gro is the world's largest marketer of branded consumer products for lawn and garden care, with well-known brands such as Scotts®, Miracle-Gro®, and Ortho® [3] - The company's subsidiary, The Hawthorne Gardening Company, specializes in indoor and hydroponic growing products [3]

Core Viewpoint - The Scotts Miracle-Gro Company reported a decline in sales for the second quarter of fiscal 2025, but showed improvements in gross margin and net income, reaffirming its financial guidance for the U.S. Consumer segment while withdrawing revenue guidance for the Hawthorne segment due to uncertainties in the cannabis industry [4][9][10]. Financial Performance - Total sales for the second quarter were $1.42 billion, a 7% decrease from $1.53 billion in the prior year [4]. - U.S. Consumer sales decreased by 5% to $1.31 billion, attributed to a slower start to the lawn and garden season and non-repeating sales from fiscal 2024 [4]. - GAAP net income was $217.5 million, or $3.72 per diluted share, compared to $157.5 million, or $2.74 per diluted share, in the same quarter last year, marking a 38% increase [6][17]. - Non-GAAP adjusted net income for the quarter was $232.2 million, or $3.98 per diluted share, up from $211.9 million, or $3.69 per diluted share, a 10% increase [6][17]. Margin and Cost Management - GAAP gross margin rate improved to 38.6%, up from 30.4% in the prior year, while non-GAAP adjusted gross margin rate was 39.1%, compared to 35.3% [5][10]. - The improvement in gross margin was primarily due to lower material, manufacturing, and distribution costs, as well as an improved product mix [5]. Segment Performance - U.S. Consumer segment net sales for the quarter were $1.31 billion, down 5% year-over-year, while the Hawthorne segment saw a significant decline of 51% to $32.7 million [19]. - The Other segment reported a slight decrease of 3% in net sales to $76.8 million [19]. Outlook and Guidance - The company reaffirmed its guidance for U.S. Consumer segment net sales, adjusted gross margin, adjusted EBITDA, and free cash flow [9][10]. - Due to uncertainties in the cannabis industry, the company is no longer providing full-year revenue guidance for the Hawthorne segment [9]. Cash Flow and Debt Management - The company is focused on driving significant free cash flow and debt paydown while making incremental investments in consumer activation programs [8]. - Net leverage improved to 4.41x, down from 6.95x in the prior year [10]. Consumer Trends - Consumer purchases measured through point-of-sale (POS) data showed double-digit increases in consumer takeaway for the second consecutive quarter, indicating strong consumer health [3]. - The company expects 60% of full-year consumer takeaway to occur in the third quarter [10].