SMG Stock Recent News

Let us take a better look at the progress of the cannabis industry and all that has been done. Since 2018, legal cannabis has been on the move, with every setback being a preparation for a major comeback. Legal operators in the US have been under fire since day one of heading to market. Many regulations and restrictions make things tough, especially for the non-MSO or family-run farms.

The decline in Q2 sales of SMG's U.S. Consumer unit is a result of a colder and slower start to the lawn and garden season.

Scotts Miracle-Gro (SMG) stock is falling despite what the company says was a strong second quarter. Jim Hagedorn, chairman and CEO of Scotts Miracle-Gro, joins Market Domination to discuss the company's earning print.

Market Domination hosts Julie Hyman and Josh Lipton take a look at the market movement on April 30, 2025. Investors await earnings results from two of the Magnificent Seven names, Meta Platforms and Microsoft.

Scotts Miracle Gro SMG on Wednesday reported second-quarter 2025 adjusted earnings per share of $3.98, up 8%, beating the consensus of $3.95.

The Scotts Miracle-Gro Company (NYSE:SMG ) Q2 2025 Earnings Conference Call April 30, 2025 9:00 AM ET Company Participants Brad Chelton - Head of IR Jim Hagedorn - Chairman, President and CEO Mark Scheiwer - Interim CFO and CAO Nate Baxter - President COO Chris Hagedorn - EVP and Chief of Staff John Sass - VP, Chief Creative Officer Martha Stewart - Chief Gardening Officer Conference Call Participants Jon Andersen - William Blair Jonathan Matuszewski - Jefferies Andrew Carter - Stifel Joe Altobello - Raymond James Eric Bouchard - Cleveland Research Company Brad Chelton Good morning. Welcome to Scotts Miracle-Gro's Second Quarter 2025 Earnings Webcast.

The headline numbers for Scotts (SMG) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Scotts Miracle-Gro (SMG) came out with quarterly earnings of $3.98 per share, beating the Zacks Consensus Estimate of $3.95 per share. This compares to earnings of $3.69 per share a year ago.

Company reaffirms full-year U.S. Consumer segment net sales, consolidated adjusted gross margin and adjusted EBITDA and free cash flow guidance Consumer POS units were up 12 percent through first half; 60 percent of full-year consumer takeaway expected in third quarter Q2 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, respectively Q2 2025 GAAP EPS of $3.72; non-GAAP Adjusted EPS of $3.98 Q2 2025 non-GAAP Adjusted EBITDA of $402.8 million, improvement of $6.5 million over prior year Net leverage at 4.41x, down from prior year of 6.95x MARYSVILLE, Ohio, April 30, 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, today announced its results for the second quarter ended March 29, 2025. “We have made substantial progress in the key fina

MARYSVILLE, Ohio, April 28, 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, reported that Chairman and CEO Jim Hagedorn announced during an April 25 appearance on CNBC Mad Money that the Company is driving strong consumer takeaway in the run-up to the peak lawn and garden season. Hagedorn confirmed that the Company has realized strong POS unit growth through joint promotion and consumer activation programs with retailers.