---
schema_version: "secwatch.filing_event.v1"
accession: "0001443984-23-000134"
form_type: "8-K"
ticker: "SMG"
cik: "0000825542"
company_name: "SCOTTS MIRACLE-GRO CO"
filed_at: "2023-04-10T23:59:59+00:00"
generated_at: "2026-06-17T04:24:13.246093+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Scotts Miracle-Gro anticipates Q2 net leverage ~6.0x; Nate Baxter joins as EVP Technology & Operations

## Summary
- Expects Q2 net leverage of ~6.0x, comfortably below the 6.5x credit facility covenant.
- Full fiscal Q2 results to be announced on Wednesday, May 3, 2023.
- Nate Baxter, member of Hagedorn Partnership (~25% owner), joins April 28 as EVP, Technology & Operations.
- Baxter, former president of TEL U.S. and Intel veteran, to oversee R&D, IT, regulatory, quality, and EHS.

## SEC filing metadata
- accession: 0001443984-23-000134
- form_type: 8-K
- ticker: SMG
- cik: 0000825542
- company_name: SCOTTS MIRACLE-GRO CO
- filed_at: 2023-04-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/825542/000144398423000134/0001443984-23-000134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/825542/000144398423000134/smg-20230410.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001443984-23-000134
- JSON: https://secwatch.observer/filing/0001443984-23-000134.json
- Plain text: https://secwatch.observer/filing/0001443984-23-000134.txt

## Key facts
- Earnings Releases
  SCOTTS MIRACLE-GRO CO reported preliminary financial results for three months ended April 1, 2023.
  - Period: three months ended April 1, 2023
  - Result: preliminary results
  source text: On April 10, 2023, the Company issued a news release reporting, among other things, preliminary information regarding its financial results for the three months ended April 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/825542/000144398423000134/0001443984-23-000134-index.htm

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