SMG Scotts Miracle-Gro Company Class A

ScottsMiracle-Gro Reaffirms Fiscal 2025 Guidance, Reports Strong Consumer Engagement in Peak Lawn and Garden Season

ScottsMiracle-Gro Reaffirms Fiscal 2025 Guidance, Reports Strong Consumer Engagement in Peak Lawn and Garden Season

MARYSVILLE, Ohio, June 05, 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, announced today that it is reaffirming its full fiscal year 2025 guidance. The Company is providing the guidance update through the first two months of its fiscal third quarter in advance of its presentation today at the William Blair Annual Growth Stock Conference.

Additionally, the Company reported that it continued to drive consumer POS unit and dollar growth during the peak lawn and garden season. Through the Memorial Day weekend, the year-to-date increases in POS units and POS dollars were in line with POS trends in the first half of the fiscal year.

The Company also projects interest expense to be approximately $30 million lower than prior year compared to its previous estimate of a $15 million to $20 million decrease, and it projects diluted share count increase to be approximately 1 million compared to its previous estimate of 2 million. The Company expects non-GAAP adjusted earnings per diluted share to be at least $3.50, a 53% increase versus prior year.

“With the peak lawn and garden season upon us, we continue to drive positive outcomes on multiple fronts, a reflection of the health of our consumer coupled with the power of our incremental marketing investments and retailer promotional programs,” said Jim Hagedorn, chairman and CEO. “We feel good about our overall performance and expect to meet our financial commitments for the fiscal year, creating a foundation to achieve our multi-year objectives aimed at improving shareholder returns.”

Chief Financial Officer Mark Scheiwer added, “The strong consumer takeaway, along with the pace of retailer replenishment thus far in the third quarter, solidifies our confidence in the full-year guidance. Delivering on our adjusted EBITDA and free cash flow targets will enable us to exit 2025 with a significantly improved debt position that will put us on a path to realize our goal of getting leverage below 3.5 by the end of fiscal 2027.”

Detailed Outlook for Fiscal Year 2025

The Company is reaffirming its previously announced fiscal year 2025 guidance of:

  • U.S. Consumer net sales low single-digit growth (excluding non-repeat sales for AeroGarden and bulk raw material sales)
  • Non-GAAP adjusted gross margin of approximately 30 percent
  • Non-GAAP adjusted EBITDA of $570 million to $590 million
  • Free cash flow of approximately $250 million

The Company will provide more commentary today when it participates in the William Blair 45th Annual Growth Stock Conference in Chicago at 9:40 a.m. ET. Investors and other interested parties may listen to a live webcast of the presentation from the of the Company’s investor relations website. An archive of the webcast will be available on the website for at least 90 days.

About ScottsMiracle-Gro

With approximately $3.6 billion in sales, the Company is the world’s largest marketer of branded consumer products for lawn and garden care. The Company’s brands are among the most recognized in the industry. The Company’s Scotts®, Miracle-Gro®, and Ortho® brands are market-leading in their categories. The Company’s wholly-owned subsidiary, The Hawthorne Gardening Company, is a leading provider of nutrients, lighting, and other materials used in the indoor and hydroponic growing segment. For additional information, visit us at .

Cautionary Note Regarding Forward-Looking Statements

Statements contained in this press release, other than statements of historical fact, which address activities, events and developments that the Company expects or anticipates will or may occur in the future, including, but not limited to, information regarding the future economic performance and financial condition of the Company, the plans and objectives of the Company’s management, and the Company’s assumptions regarding such performance and plans are “forward-looking statements” within the meaning of the U.S. federal securities laws that are subject to risks and uncertainties. These forward-looking statements generally can be identified as statements that include phrases such as “guidance,” “outlook,” “projected,” “believe,” “target,” “predict,” “estimate,” “forecast,” “strategy,” “may,” “goal,” “expect,” “anticipate,” “intend,” “plan,” “foresee,” “likely,” “will,” “should” or other similar words or phrases. Actual results could differ materially from the forward-looking information in this release due to a variety of factors, including, but not limited to:

  • An economic downturn and economic uncertainty may adversely affect demand for the Company’s products;
  • The Company’s operations, financial condition or reputation may be impaired if its information or operational technology systems fail to perform adequately or if it is the subject of a data breach or cyber-attack;
  • The highly competitive nature of the Company’s markets could adversely affect it ability to maintain or grow revenues;
  • In the event of a disaster, the Company’s disaster recovery and business continuity plans may fail, which could adversely interrupt its operations;
  • Climate change and unfavorable weather conditions could adversely impact financial results;
  • The Company may not successfully develop new product lines and products or improve existing product lines and products;
  • The Company’s indebtedness could limit its flexibility and adversely affect its financial condition;
  • If the Company underestimates or overestimates demand for its products and does not maintain appropriate inventory levels, its net sales and/or working capital could be negatively impacted;
  • Disruptions in availability or increases in the prices of raw materials, fuel or transportation costs could adversely affect the Company’s results of operations;
  • The Company’s business is subject to risks associated with sourcing and manufacturing outside of the U.S. and risks from tariffs and/or international trade wars.
  • A significant interruption in the operation of the Company’s or its suppliers’ facilities could impact the Company’s capacity to produce products and service its customers, which could adversely affect the Company’s revenues and earnings;
  • Acquisitions, other strategic alliances and investments could result in operating difficulties, dilution and other harmful consequences that may adversely impact the Company’s business and results of operations;
  • Compliance with environmental and other public health regulations or changes in such regulations or regulatory enforcement priorities could increase the Company’s costs of doing business or limit its ability to market all of its products;
  • Because of the concentration of the Company’s sales to a small number of retail customers, the loss of one or more of, or significant reduction in orders from, its top customers, or a material reduction in the inventory of the Company’s products that they carry, could adversely affect the Company’s financial results;
  • If the perception of the Company’s brands or organizational reputation are damaged, its consumers, distributors and retailers may react negatively, which could materially and adversely affect the Company’s business, financial condition and results of operations; and
  • Hagedorn Partnership, L.P. beneficially owns approximately 23% of the Company’s common shares and can significantly influence decisions that require the approval of shareholders.



Additional detailed information concerning a number of the important factors that could cause actual results to differ materially from the forward-looking information contained in this release is readily available in the Company’s publicly filed quarterly, annual and other reports. The Company disclaims any obligation to update developments of these risk factors or to announce publicly any revision to any of the forward-looking statements contained in this release, or to make corrections to reflect future events or developments.

For investor inquiries:

Brad Chelton Vice President

Treasury, Tax and Investor Relations



(937) 309-2503

For media inquiries:

Tom Matthews

Chief Communications Officer

(937) 644-7044



EN
05/06/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Scotts Miracle-Gro Company Class A

 PRESS RELEASE

ScottsMiracle-Gro Reaffirms Fiscal 2025 Guidance, Reports Strong Consu...

ScottsMiracle-Gro Reaffirms Fiscal 2025 Guidance, Reports Strong Consumer Engagement in Peak Lawn and Garden Season MARYSVILLE, Ohio, June 05, 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, announced today that it is reaffirming its full fiscal year 2025 guidance. The Company is providing the guidance update through the first two months of its fiscal third quarter in advance of its presentation today at the William Blair Annual Growth Stock ...

 PRESS RELEASE

ScottsMiracle-Gro to Webcast Presentation at the William Blair 45th An...

ScottsMiracle-Gro to Webcast Presentation at the William Blair 45th Annual Growth Stock Conference on June 5, 2025 MARYSVILLE, Ohio, May 22, 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 participate in the William Blair 45th Annual Growth Stock Conference in Chicago on Thursday, June 5, 2025. President and Chief Operating Officer Nate Baxter and Chief Financial Officer Mark Scheiwer will be among the featured speakers at the conferenc...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Booster Shots: Attractive bottom-fishing stocks

For investors looking for bottom-fishing candidates; stocks that are breaking downtrends, exhibiting ascending reaction lows, and showing stabilizing relative strength.

OSK OSHKOSH CORP
DXCM DEXCOM INC.
XRAY DENTSPLY SIRONA INC.
WING WINGSTOP INC.
VRTS VIRTUS INVESTMENT PARTNERS INC.
UHS UNIVERSAL HEALTH SERVICES INC. CLASS B
STKS ONE GROUP HOSPITALITY
SNPS SYNOPSYS INC.
SMG SCOTTS MIRACLE-GRO COMPANY CLASS A
SFST SOUTHERN FIRST BANCSHARES
RGNX REGENXBIO INC.
RCKY ROCKY BRANDS
PRGO PERRIGO CO. PLC
MPWR MONOLITHIC POWER SYSTEMS INC.
JRVR JAMES RIVER GROUP HOLDINGS LTD
IRM IRON MOUNTAIN INC.
GPC GENUINE PARTS COMPANY
GD GENERAL DYNAMICS CORPORATION
DLTR DOLLAR TREE INC.
DG DOLLAR GENERAL CORPORATION
CROX CROCS INC.
CAL CALERES INC.
BKE BUCKLE INC.
ASC ARDMORE SHIPPING
AMOT ALLIED MOTION TECHNOLOGIES
ACAD ACADIA PHARMACEUTICALS INC.
SBL SAFE BULKERS INC.
LPG DORIAN LPG
MEG. MEG ENERGY CORP.
MDU MDU RESOURCES GROUP INC
NAT NORDIC AMERICAN TANKERS LIMITED
EVTC EVERTEC INC.
FSLR FIRST SOLAR INC.
IONS IONIS PHARMACEUTICALS INC.
NMIH NMI HOLDINGS INC. CLASS A
AGYS AGILYSYS INC.
SJM J.M. SMUCKER COMPANY
FIZZ NATIONAL BEVERAGE CORP.
NHC NATIONAL HEALTHCARE CORP.
INSW INTERNATIONAL SEAWAYS INC.
FLGT FULGENT GENETICS
DK DELEK US HOLDINGS INC
CELH CELSIUS HOLDINGS INC.
AMD ADVANCED MICRO DEVICES INC.
TTEC TTEC HOLDINGS INC.
AVGO BROADCOM INC.
ST SENSATA TECHNOLOGIES HOLDING PLC
ELAN ELANCO ANIMAL HEALTH INC.
MEC MAYVILLE ENGINEERING
DELL DELL TECHNOLOGIES INC CLASS C
CSTM CONSTELLIUM SE CLASS A
OI O-I GLASS INC
BWMN BOWMAN CONSULTING GROUP LTD
DINO HOLLYFRONTIER CORP
EVEX EVE HOLDING INC
SPXC SPX TECHNOLOGIES INC
WEST WESTROCK COFFEE COMPANY LLC
ADCT ADC THERAPEUTICS SA
SVV SAVERS VALUE VILLAGE INC
GUTS FRACTYL HEALTH INC
AGEN AGENUS INC.
ARDT ARDENT HEALTH PARTNERS INC
PCT PROVIDENT CAP TR II SKIS 8.75%29
MKTW MARKETWISE INC
 PRESS RELEASE

Project EverGreen and ScottsMiracle-Gro Expand Green Spaces at Heat-st...

Project EverGreen and ScottsMiracle-Gro Expand Green Spaces at Heat-stressed Phoenix Park Second phase of GreenCare for Communities initiative underway at Barrios Unidos Park PHOENIX, May 14, 2025 (GLOBE NEWSWIRE) -- Project EverGreen and ScottsMiracle-Gro have launched the second phase of a major renovation at Barrios Unidos Park that includes planting of trees, grass and native plants. This transformative effort, part of Project Evergreen’s GreenCare for Communities initiative and funded by ScottsMiracle-Gro, aims to bring cooling green spaces and improved recreational opportunit...

 PRESS RELEASE

ScottsMiracle-Gro Reports Second Quarter Results; Gross Margin Improve...

ScottsMiracle-Gro Reports Second Quarter Results; Gross Margin Improvement Drives EBITDA Growth 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-G...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch