SMG - Earnings announcements

Net sales increased by 5%Gross margin rate improved by over 200 basis pointsNet leverage at 3.71x, down from prior year of 4.41x MARYSVILLE, Ohio, April 29, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the leading marketer of branded consumer lawn and garden products in North America, today reported results for the second quarter ended March 28, 2026. "Our performance reflects progress on all our financial imperatives," said Jim Hagedorn, chairman and CEO. "We continued our growth trajectory and delivered meaningful leverage ratio improvement, putting us in position for more shareholder friendly actions including the previously announced multi-year share repurcha

MARYSVILLE, Ohio, April 22, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the leading marketer of branded consumer lawn and garden products in North America, will release its second quarter financial results on Wednesday, April 29, 2026, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 8:15 a.m. ET to discuss those results. The webcast will be followed by an audio question-and-answer session. To watch the Company presentation and listen to the question-and-answer session, please register in advance at this webcast link. For those planning to participate in the question-and-answer session that follows the vi

Announces divestiture plan for Hawthorne Unveils new multi-year share repurchase program to commence in late 2026 MARYSVILLE, Ohio, Jan. 28, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the leading marketer of branded consumer lawn and garden products in North America, today reported results for the first quarter ended December 27, 2025. The Company also announced that it is in advanced discussions for the sale of its Hawthorne subsidiary to Vireo Growth, Inc., with an anticipated closing in the fiscal second quarter. In conjunction with the pending divestiture, effective in its first quarter of fiscal 2026, the Company classified its results of operations for all

MARYSVILLE, Ohio, Jan. 20, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the leading marketer of branded consumer lawn and garden products in North America, will release its first quarter financial results on Wednesday, January 28, 2026, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9:00 a.m. ET to discuss those results. The webcast will be followed by an audio question-and-answer session. To watch the Company presentation and listen to the question-and-answer session, please register in advance at this webcast link. For those planning to participate in the question-and-answer session that follows the vi

MARYSVILLE, Ohio, Nov. 05, 2025 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the leading marketer of branded consumer lawn and garden products in North America, today announced its results for the fourth quarter and full fiscal year ended September 30, 2025. "In fiscal ‘25, we delivered significant results in the financial metrics that are central to our growth plans," said Jim Hagedorn, chairman and CEO. "We drove share gains, made substantial gross margin improvement and achieved meaningful EBITDA and EPS increases. The bigger story is the health of our consumer and resiliency of our category, as evidenced by our strong and sustained POS growth. "As for our operating

MARYSVILLE, Ohio, Oct. 22, 2025 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden products, will release its fourth quarter financial results on Wednesday, November 5, 2025, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9:00 a.m. ET to discuss those results. The webcast will be followed by an audio question-and-answer session. To watch the Company presentation and listen to the question-and-answer session, please register in advance at this webcast link. For those planning to participate in the question-and-answer session that follows the video pres

Company reaffirms full-year non-GAAP fiscal 2025 guidanceU.S. Consumer net sales increased 1 percent and POS units increased 6 percent in fiscal third quarter GAAP gross margin rate of 31.8 percent and non-GAAP adjusted gross margin rate of 32.1 percent in third quarter improved by 230 and 290 basis points over prior year, respectivelyGAAP earnings of $2.54 per share and non-GAAP adjusted earnings of $2.59 per share in third quarter improved by $0.26 and $0.28 per share over prior year, respectively Non-GAAP Adjusted EBITDA in third quarter improved $19.3 million over prior yearLeverage for the quarter of 4.15x reflected an improvement of over 1.3x as compared to the same period last year

MARYSVILLE, Ohio, July 16, 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, will release its third quarter financial results on Wednesday, July 30, 2025, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9:00 a.m. ET to discuss those results. The webcast will be followed by an audio question-and-answer session. To watch the Company presentation and listen to the question-and-answer session, please register in advance at this webcast link. For those planning to participate in t

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 Adjusted EBITDA of $402.8 million, improvement of $6.5 million over prior yearNet leverage at 4.41x, down from prior year of 6.95x MARYSVILLE, Ohio, April 30, 2025 (GLOBE NEWSWIRE) -- The

MARYSVILLE, Ohio, April 16, 2025 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as a leader in indoor and hydroponic growing products, will release its second quarter financial results on Wednesday, April 30, 2025, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9:00 a.m. ET to discuss those results. The webcast will be followed by an audio question-and-answer session. To watch the Company presentation and listen to the question-and-answer session, please register in advance at this webcast link. For those planning to participate in the que

U.S. Consumer net sales increased 11 percent driven by strong fall lawn and garden campaign and retailer support for 2025 spring season Consumer POS, which represents less than 10 percent of the full-year, was up 12 percent in dollars and 13 percent in unitsGAAP gross margin rate of 22.7 percent improved 750 bps; Non-GAAP adjusted gross margin rate of 24.0 percent improved 1,030 bpsNon-GAAP Adjusted EBITDA of $4 million reflected $30 million improvementGAAP loss of $1.21 per share and non-GAAP adjusted loss of $0.89 per share improved $0.21 and $0.56 per share, respectivelyCompany reaffirms full-year sales, adjusted gross margin and adjusted EBITDA guidance; lowers interest expense guidance

MARYSVILLE, Ohio, Jan. 15, 2025 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its first quarter financial results on Wednesday, January 29, 2025, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9:00 a.m. ET to discuss those results. The webcast will be followed by an audio question-and-answer session. To watch the Company presentation and listen to the question-and-answer session, please register in advance at this webcast link. For those planning to participate in the question-and-an

U.S. Consumer fiscal 2024 sales up 6 percent in line with guidance; POS units up 9 percent year-over-yearFull-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 shareCompany exceeds free cash flow target of $1 billion over two years through fiscal 2024; Net leverage at 4.86xNon-GAAP adjusted EBITDA of $510 million at high end of guidance range when excluding $29 million of one-time charges MARYSVILLE, Ohio, Nov. 06, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Compan

MARYSVILLE, Ohio, Oct. 23, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its fourth quarter financial results on Wednesday, November 6, 2024, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9:00 a.m. ET to discuss those results. The webcast will be followed by an audio question-and-answer session. To watch the Company presentation and listen to the question-and-answer session, please register in advance at this webcast link. For those planning to participate in the question-and-a

U.S. Consumer third quarter net sales of $1 billion exceed prior year by 11 percent; Consumer engagement shows strength with unit POS up 10 percent year-to-dateThird quarter GAAP gross margin rate of 29.5 percent improves 1,110 bps over prior year; Non-GAAP adjusted gross margin rate of 29.2 percent improves 790 bpsHawthorne proprietary Signature sales increase 6 percent in Q3Third quarter 2024 GAAP EPS of $2.28; Non-GAAP Adjusted EPS of $2.31 nearly doubles third quarter 2023 non-GAAP result MARYSVILLE, Ohio, July 31, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's largest marketer of branded consumer lawn and garden as well as a leader in indoor and hydr

MARYSVILLE, Ohio, July 23, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its third quarter financial results on Wednesday, July 31, 2024, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9:00 a.m. ET to discuss those results. The webcast will be followed by an audio question-and-answer session. To watch the Company presentation and listen to the question-and-answer session, please register in advance at this webcast link. For those planning to participate in the question-and-answe

Combined Company's footprint will provide access to Florida, New York, Texas, and Pennsylvania, with significant growth potential and future regulatory catalysts in all four states Combined Company expected to leverage Cansortium's robust operating expertise as well as RIV Capital's ~US$66 million1,2 cash balance, strengthening both its operating and financial position Transaction has the support of ScottsMiracle-Gro, which intends to exchange its existing convertible notes in RIV Capital for a new class of non-voting Exchangeable Shares of Cansortium at closing, eliminating US$175 million3 of debt TAMPA, Fla., May 30, 2024 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansor

Combined Company's footprint will provide access to Florida, New York, Texas, and Pennsylvania, with significant growth potential and future regulatory catalysts in all four states Combined Company expected to leverage Cansortium's robust operating expertise as well as RIV Capital's ~US$66 million1,2 cash balance, strengthening both its operating and financial position Transaction has the support of ScottsMiracle-Gro, which intends to exchange its existing convertible notes in RIV Capital for a new class of non-voting Exchangeable Shares of Cansortium at closing, eliminating US$175 million3 of debt TAMPA, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- Cansortium Inc. (C

Strong first half 2024 execution has Company on pace for full-year targetsU.S. Consumer second quarter net sales of $1.38B equal record highQ2 2024 GAAP gross margin of 30.4% and non-GAAP adjusted gross margin of 35.3% reflect 350 and 60 basis point improvements, respectivelyStrong free cash flow delivers net leverage of 6.95x, well below covenant maximumQ2 2024 GAAP EPS of $2.74; non-GAAP Adjusted EPS of $3.69 are ahead of planTeams driving consumer engagement in Q3 representing 60 percent of seasonal POS MARYSVILLE, Ohio, May 01, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's largest marketer of branded consumer lawn and garden as well as a leader in ind

MARYSVILLE, Ohio, April 22, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its second quarter financial results on Wednesday, May 1, 2024, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9:00 a.m. ET to discuss those results. The webcast will be followed by an audio question-and-answer session. To watch the Company presentation and listen to the question-and-answer session, please register in advance at this webcast link. For those planning to participate in the question-and-answe

Early Season Lawn and Garden Performance In-line with ExpectationsCompany Reaffirms Full-year Non-GAAP Adjusted Gross Margin Improvement of 250 bps and Full-year Non-GAAP Adjusted EBITDA of $575 millionFirst Quarter GAAP Loss of $1.42 Per Share; Non-GAAP Loss of $1.45 Per Share MARYSVILLE, Ohio, Feb. 07, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's largest marketer of branded consumer lawn and garden as well as a leader in indoor and hydroponic growing products, today announced its results for the first quarter ended December 30, 2023. "Our Q1 results further indicate that we're making measurable progress on a number of important fronts and setting ours

MARYSVILLE, Ohio, Jan. 29, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its first quarter financial results on Wednesday, February 7, 2024, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9:00 a.m. EST to discuss those results. The webcast will be followed by an audio question-and-answer session. To watch the Company presentation and listen to the question-and-answer session, please register in advance at this webcast link. For those planning to participate in the question-and-a

Full-year total Company net sales of $3.55 billion in line with guidanceFree cash flow of $438 million improved $681 million year over year; Company reaffirms $1 billion in free cash flow over two years through Fiscal 2024Project Springboard cost savings contribute to full year non-GAAP adjusted EBITDA of $447 millionFull-year GAAP loss per share of $6.79; adjusted non-GAAP EPS of $1.21 MARYSVILLE, Ohio, Nov. 01, 2023 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, today announced its results for the fourth quarter and fiscal year ended September 30, 2023. Th

MARYSVILLE, Ohio, Oct. 20, 2023 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its fourth quarter financial results on Wednesday, November 1, 2023, prior to the opening of the U.S. financial markets. The Company will host a conference call to discuss those results at 9:00 a.m. ET. To participate in the conference call, please register in advance at this link. Upon registration, all telephone participants will receive the dial-in number along with a unique PIN number that can be used to access the call. If you do not anticipate asking a question,

MARYSVILLE, Ohio, Sept. 27, 2023 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, today announced a reorganization of its executive team following the planned retirements of President Mike Lukemire and Executive Vice President, Global Human Resources and Chief Ethics Officer Denise Stump. Lukemire, 65, and Stump, 69, longtime executive team members with over 20 years experience each at the Company, will retire under a mutually agreed upon succession plan on October 1, 2023, the start of ScottsMiracle-Gro's 2024 fiscal year. Replacing Stump is Julie DeMuesy, 52,

Company-wide third quarter net sales decreased 6% due to Hawthorne decline of 40%; U.S. Consumer net sales increased 1% over prior yearConsumer POS dollars up 8% in the third quarter and over 5% year to dateYear-to-date cash flow improved over $700 millionTotal Project Springboard savings to exceed $300 millionFull-year sales and Adjusted EBITDA expected to decline Amended credit agreement updates leverage glidepath providing operational flexibility MARYSVILLE, Ohio, Aug. 02, 2023 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, today announced its results for

MARYSVILLE, Ohio, July 20, 2023 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its third quarter financial results on Wednesday, August 2, 2023, prior to the opening of the U.S. financial markets. The Company will host a conference call to discuss those results at 9:00 a.m. ET. To participate in the conference call, please register in advance at this link. Upon registration, all telephone participants will receive the dial-in number along with a unique PIN number that can be used to access the call. If you do not anticipate asking a question, we

MARYSVILLE, Ohio, April 19, 2023 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its second quarter financial results on Wednesday, May 3, 2023, prior to the opening of the U.S. financial markets. The Company will host a conference call to discuss those results at 9:00 a.m. ET. To participate in the conference call, please register in advance at this link. Upon registration, all telephone participants will receive the dial-in number along with a unique PIN number that can be used to access the call. If you do not anticipate asking a question, we r

U.S. Consumer Sales Up 8 Percent YoY First Quarter GAAP Loss of $1.17 Per Share; non-GAAP Loss of $1.02 Per Share Project Springboard to Exceed $185 Million Annualized Savings Net Leverage Ratio Within Covenant at 5.9X Full-Year Sales Guidance Updated for Lower Hawthorne Outlook $1 Billion Free Cash Flow Target Over Next Two Years Reaffirmed MARYSVILLE, Ohio, Feb. 01, 2023 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, today announced results for its fiscal first quarter ended December 31, 2022. "

MARYSVILLE, Ohio, Jan. 18, 2023 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its first quarter financial results on Wednesday, February 1, 2023, prior to the opening of the U.S. financial markets. The Company will host a conference call to discuss those results at 9:00 a.m. ET. To participate in the conference call, please register in advance at this link. Upon registration, all telephone participants will receive the dial-in number along with a unique PIN number that can be used to access the call. If you do not anticipate asking a question,

Company meets FY 2022 EPS, free cash flow guidance Project Springboard achieves $100 million of annualized cost savings, introduces additional target of $85 million in savings Company reaffirms projection of $1 billion in free cash flow over next two years MARYSVILLE, Ohio, Nov. 02, 2022 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, today announced its results for the fourth quarter ended September 30, 2022. "Our leadership team and associates successfully managed the challenging finish to fiscal 2022 to deliver consolidated sales and earnings results con

ScottsMiracle-Gro Announces Timing of Fourth Quarter 2022 Financial Results and Conference Call MAR, Oct. 19, 2022 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its fourth quarter financial results on Wednesday, November 2, 2022, prior to the opening of the U.S. financial markets. The Company will host a conference call to discuss those results at 9:00 a.m. ET. To participate in the conference call, please call 1-888-317-6003 (Elite Entry Number: 1441072). A live webcast of the call and the press release will be available on the Company's inves

MARYSVILLE, Ohio, Aug. 31, 2022 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, announced today that David Evans has been named chief financial officer on an interim basis replacing Cory Miller, who has departed the Company. The Company has engaged a leading executive search firm to assist in identifying a permanent CFO with a focus on external candidates. Separately, the Company revised its 2022 free cash flow guidance provided during its August 3rd earnings conference call and reaffirmed all other aspects of its August 3rd guidance. Evans, who has more

Company-wide third quarter sales decreased 26% driven by Hawthorne decline of 63% and U.S. Consumer decline of 14%Consumer POS climbed in May & June; year-to-date POS dollars down 5% Q3 GAAP EPS loss of $8.01 per share, includes pre-tax impairment and restructuring charges of $724 million; non-GAAP adjusted EPS of $1.98Company announces Project Springboard to strengthen the balance sheet, expand margins and improve free cash flowManagement lowered its full-year sales guidance for U.S. Consumer to down 8 to 9 percent and full-year EPS to $4.00 to $4.20 MARYSVILLE, Ohio, Aug. 03, 2022 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded co

MARYSVILLE, Ohio, July 21, 2022 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE SMG), one of the world's largest marketers of branded consumer lawn and garden products, will release its third quarter financial results on Wednesday, August 3, 2022, prior to the opening of the U.S. financial markets. The Company will host a conference call to discuss those results at 9:00 a.m. ET. To participate in the conference call, please call 1-888-220-8451 (Confirmation Code: 2366358). A replay of the call can be heard by calling 1-888-203-1112 (Audio Replay Passcode: 2366358). The replay will be available for 15 days. A live webcast of the call and the press release will be available on the

GAAP EPS: $4.94 versus $5.44; non-GAAP adjusted EPS of $5.03 versus $5.64Consumer POS down 12% entering May with increasing momentum in most marketsSales outlook for U.S. Consumer and Hawthorne adjusted to low end of guidance Surge in commodities, lower fixed cost leverage expected to pressure EPS in second halfProductivity enhancement efforts launched to reduce costs, improve marginsManagement to provide update on adjusted EPS outlook in early June MARYSVILLE, Ohio, May 03, 2022 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, today announced record second qua

MARYSVILLE, Ohio, April 20, 2022 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE SMG), one of the world's largest marketers of branded consumer lawn and garden products, will release its second quarter financial results on Tuesday, May 3, 2022, prior to the opening of the U.S. financial markets. The Company will host a conference call to discuss those results at 9:00 a.m. ET. To participate in the conference call, please call 1-888-378-4398 (Participant Passcode: 490745). A replay of the call can be heard by calling 1-888-203-1112 (Audio Replay Passcode: 9718563). The replay will be available for 15 days. A live webcast of the call and the press release will be available on the

Transformative transaction will include one of only 10 vertically integrated licences in New York and four active dispensaries with plans to bolster operations in advance of adult-use market Names Mark Sims, former SVP of Strategy and M&A for the Scotts Miracle-Gro Company, as President and CEO The Hawthorne Collective to advance an additional US$25 million to RIV Capital concurrently with transaction, deepening relationship and adding to RIV Capital's balance sheet TORONTO, March 30, 2022 /PRNewswire/ - RIV Capital, Inc. (CSE:RIV) (OTC:CNPOF) ("RIV Capital") today announced a definitive agreement to acquire ownership and control of Etain LLC and Etain IP LLC, owners and operators of legal

MARYSVILLE, Ohio, Feb. 01, 2022 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), issued a clarification following its first quarter earnings conference call with the investment community regarding the expected performance of the Hawthorne segment in the second fiscal quarter. During the question-and-answer portion of the call, Hawthorne division president Chris Hagedorn inadvertently said sales for the Hawthorne segment would be flat in the second quarter compared with a year ago. Consistent with its previous guidance, the Company expects sales for the segment to decline in the second quarter with growth returning at some point during the second half of the year. "In provid

MARYSVILLE, Ohio, Feb. 01, 2022 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), one of the world's leading marketers of branded consumer lawn and garden as well as hydroponic and indoor growing products, today announced financial results for its fiscal first quarter highlighted by a profitable quarter in the U.S. Consumer segment for only the second time in company history. Company-wide sales in the quarter decreased 24 percent to $566.0 million, consistent with a pre-announcement of expected results issued on January 4. For the quarter ended January 1, 2022, the company reported a seasonal loss from continuing operations of $0.90 per share. The non-GAAP adjuste

MARYSVILLE, Ohio, Jan. 18, 2022 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE SMG), one of the world's largest marketers of branded consumer lawn and garden products, will release its first quarter financial results on Tuesday, February 1, 2022, prior to the opening of the U.S. financial markets. The Company will host a conference call to discuss those results at 9:00 a.m. ET. To participate in the conference call, please call 1-888-394-8218 (Conference Code: 1265183). A replay of the call can be heard by calling 1-888-203-1112. The replay will be available for 15 days. A live webcast of the call and the press release will be available on the Company's investor relations websi

U.S. Consumer segment sales increase 11% in fiscal 2021; decline 28% in Q4 Full-year Hawthorne sales increase 39%, decline 2% in Q4 despite growth in the U.S. Full-year GAAP earnings of $9.03 per share; Q4 loss of $0.87 per share Non-GAAP adjusted full-year EPS of $9.23; Q4 adjusted loss of $0.82 per share Fiscal 2022 guidance: Non-GAAP adjusted EPS $8.50 to $8.90; sales growth 0 to 3% Company announces intent for share repurchases of $300 million in fiscal 2022 MARYSVILLE, Ohio, Nov. 03, 2021 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, today released

MARYSVILLE, Ohio, Oct. 22, 2021 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE SMG), one of the world's largest marketers of branded consumer lawn and garden products, will release its fourth quarter financial results on Wednesday, November 3, 2021, prior to the opening of the U.S. financial markets. The Company will host a conference call to discuss those results at 9:00 a.m. ET. To participate in the conference call, please call 866-337-5532 (Conference Code: 7088156). A replay of the call can be heard by calling 888-203-1112. The replay will be available for 15 days. A live webcast of the call and the press release will be available on the Company's investor relations websit

Company-wide third quarter sales increase 8% driven by Hawthorne growth of 48%U.S. Consumer sales decline 4% in Q3; Remain 19% higher year-to-date Consumer POS dollars up 4% entering August driven by POS unit growth of 8%Q3 GAAP EPS increases 12% to $4.00; Non-GAAP adjusted EPS up 5% to $3.98HydroLogic acquisition will add approximately $20 million in sales MARYSVILLE, Ohio, Aug. 04, 2021 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, today announced company-wide third quarter sales growth of 8 percent driven by a 48 percent increase in the Hawt