---
schema_version: "secwatch.filing_event.v1"
accession: "0000825542-26-000003"
form_type: "8-K"
ticker: "SMG"
cik: "0000825542"
company_name: "SCOTTS MIRACLE-GRO CO"
filed_at: "2026-01-28T23:59:59+00:00"
generated_at: "2026-05-16T07:15:14.714463+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Scotts Miracle-Gro reports Q1 net loss of $0.83/sh, announces Hawthorne sale to Vireo, $500M buyback

## Summary
- U.S. Consumer net sales $328.5M; GAAP gross margin 25.0% (+90 bps); net leverage improved to 4.03x.
- Q1 GAAP loss from continuing ops $0.83/sh; non-GAAP adj. loss $0.77/sh; adj. EBITDA $3.0M (+$2.1M).
- Company in advanced discussions to sell Hawthorne subsidiary to Vireo Growth, closing expected in fiscal Q2.
- Board authorized $500M share repurchase program with purchases starting late FY2026, based on deleveraging progress.
- Reaffirms FY2026 guidance: adj. EPS $4.15-$4.35, adj. gross margin ≥32%, free cash flow $275M.

## SEC filing metadata
- accession: 0000825542-26-000003
- form_type: 8-K
- ticker: SMG
- cik: 0000825542
- company_name: SCOTTS MIRACLE-GRO CO
- filed_at: 2026-01-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/825542/000082554226000003/0000825542-26-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/825542/000082554226000003/smg-20260128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000825542-26-000003
- JSON: https://secwatch.observer/filing/0000825542-26-000003.json
- Plain text: https://secwatch.observer/filing/0000825542-26-000003.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.