---
schema_version: "secwatch.filing_event.v1"
accession: "0001546380-22-000021"
form_type: "8-K"
ticker: "SMG"
cik: "0000825542"
company_name: "SCOTTS MIRACLE-GRO CO"
filed_at: "2022-08-03T23:59:59+00:00"
generated_at: "2026-06-24T05:33:31.281919+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Scotts Miracle-Gro Q3 sales down 26%; GAAP EPS loss of $8.01; cuts FY guidance

## Summary
- Company-wide Q3 sales $1.19B (-26% YoY); U.S. Consumer -14%, Hawthorne -63%.
- GAAP net loss per share $8.01 includes $724M pre-tax impairment; non-GAAP adj. EPS $1.98.
- Launches Project Springboard to strengthen balance sheet, improve margins and cash flow.
- Full-year adjusted EPS guidance lowered to $4.00-$4.20; U.S. Consumer sales expected down 8-9%.
- Debt-to-EBITDA at 5.1x; target to reduce to 3.5x within 24 months.

## SEC filing metadata
- accession: 0001546380-22-000021
- form_type: 8-K
- ticker: SMG
- cik: 0000825542
- company_name: SCOTTS MIRACLE-GRO CO
- filed_at: 2022-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/825542/000154638022000021/0001546380-22-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/825542/000154638022000021/smg-20220803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001546380-22-000021
- JSON: https://secwatch.observer/filing/0001546380-22-000021.json
- Plain text: https://secwatch.observer/filing/0001546380-22-000021.txt

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