Scotts Miracle-Gro (SMG) Q1 2025 Earnings Call Transcript
I'm Brad Shelton, and I would like to welcome you to the Scotts Miracle-Gro first-quarter earnings conference call. I have recently stepped in to lead Investor Relations after 17 years at Scotts in a variety of finance leadership roles.
Scotts Miracle-Gro to spin off cannabis arm Hawthorne into separate business
The Scotts Miracle-Gro Co. plans to spin off its cannabis unit, Hawthorne Gardening Co., into a stand-alone operation.
Scotts Miracle-Gro Q1 Earnings Beat Estimates Amid Stronger Consumer Engagement And Fall Sales
Gardening giant Scotts Miracle-Gro Company (NYSE:SMG) shares are trading lower on Wednesday. The company reported a first-quarter adjusted loss per share of 89 cents, which is narrower than the street view of a $1.
Scotts Miracle-Gro aims to break up with Hawthorne as growth prospects dim
The lawn-and-garden giant's CEO says its cannabis unit, which has seen diminishing returns, could be "more valuable" as standalone business.
Truist Financial Reaffirms Their Hold Rating on Scotts Miracle-Gro Company (SMG)
Truist Financial analyst Bill Chappell maintained a Hold rating on Scotts Miracle-Gro Company (SMG – Research Report) today. The company’s
Scotts Miracle-Gro Tops 1Q Views After Solid Fall Season
Scotts Miracle-Gro logged higher revenue and a smaller loss than Wall Street analysts had anticipated as shipments improved in the fall selling season. The maker of lawn-care products posted a loss of $69.5 million, or $1.21 a share, compared with its year-earlier loss of $80.5 million, or $1.42 a share.
Scotts (SMG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended December 2024, Scotts Miracle-Gro (SMG) reported revenue of $416.8 million, up 1.6% over the same period last year. EPS came in at -$0.89, compared to -$1.45 in the year-ago quarter.
Scotts: Fiscal Q1 Earnings Snapshot
MARYSVILLE, Ohio (AP) — MARYSVILLE, Ohio (AP) — Scotts Miracle-Gro Co. (SMG) on Wednesday reported a loss of $69.5 million in its fiscal first quarter. On a per-share basis, the Marysville, Ohio-based company said it had a loss of $1.21. Losses, adjusted for asset impairment costs, came to 89 cents per share.
Q1 2025 Scotts Miracle-Gro Co Earnings Call
Nathan Baxter; Chief Operating Officer, Executive Vice President; Scotts Miracle-Gro Co Jon Andersen; Analyst; William Blair & Co., LLC Eric Bossard; Analyst; Cleveland Research Company
Scotts Miracle-Gro reports Q1 adjusted EPS (89c), consensus ($1.23)
Reports Q1 revenue $416.8M, consensus $392.04M. “We’ve had a solid start to the fiscal year driven by robust performance in our U.S. Consumer
Scotts Miracle-Gro (SMG) Reports Q1 Loss, Tops Revenue Estimates
Scotts Miracle-Gro (SMG) came out with a quarterly loss of $0.89 per share versus the Zacks Consensus Estimate of a loss of $1.28. This compares to loss of $1.45 per share a year ago. These figures are adjusted for non-recurring items.
ScottsMiracle-Gro Reports First Quarter Results; Company Well Positioned for 2025 Lawn & Garden Season
U.S. Consumer net sales increased 11 percent driven by strong fall lawn and garden campaign and retailer support for 2025 spring season Consumer ...
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The Scotts Miracle Gro Co Class A
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
Spinout of Scotts cannabis supply division back in the cards
Scotts Miracle-Gro has resumed seeking spinout options for its Hawthorne cannabis supply division after pausing the hunt this ...
Analysts Offer Insights on Materials Companies: Eagle Materials (EXP), Pilbara Minerals Limited (OtherPILBF) and Scotts Miracle-Gro Company (SMG)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Eagle Materials (EXP – Research Report), ...
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Scotts’ Hawthorne unit posts profit despite sharp sales drop
Despite Hawthorne's improved performance, Scotts expects the division's sales to decline by mid-single digits this fiscal ...
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Hawthorne Q1 Revenue Declines Sharply
Results; Company Well Positioned for 2025 Lawn & Garden Season. U.S. Consumer net sales increased 11 percent driven by strong ...
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ScottsMiracle-Gro 2024 Corporate Responsibility Report: Foundation Supports Grassroots Grants
We continued our partnership with KidsGardening, a national nonprofit that supports educators and caregivers who bring the ...
D/CAL Partners With ScottsMiracle-Gro To Launch All-New Brand And Product Line
Independent creative agency D/CAL today announced it has been selected to work on a new ScottsMiracle-Gro brand, set to make its debut in February. The work will comprise brand strategy, creative, ...