---
schema_version: "secwatch.filing_event.v1"
accession: "0001546380-22-000028"
form_type: "8-K"
ticker: "SMG"
cik: "0000825542"
company_name: "SCOTTS MIRACLE-GRO CO"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T16:13:42.978102+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Scotts Miracle-Gro reports Q4 GAAP loss of $3.97/share; launches Project Springboard 2.0 for $85M in cost cuts

## Summary
- Q4 sales fell 33% to $493.6M; U.S. Consumer -18%, Hawthorne -49%.
- GAAP loss from continuing operations $220.1M ($3.97/share); adjusted loss $2.04/share.
- Full-year sales $3.92B (-20% vs FY 2021); GAAP net loss $437.5M vs income $517.3M prior year.
- Free cash flow negative $242.5M in FY 2022; debt/EBITDA ratio 6.0x.
- FY 2023 guidance: low single-digit adj. operating income growth; targets $1B FCF over 2 years.

## SEC filing metadata
- accession: 0001546380-22-000028
- form_type: 8-K
- ticker: SMG
- cik: 0000825542
- company_name: SCOTTS MIRACLE-GRO CO
- filed_at: 2022-11-02T23:59:59+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/825542/000154638022000028/0001546380-22-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/825542/000154638022000028/smg-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001546380-22-000028
- JSON: https://secwatch.observer/filing/0001546380-22-000028.json
- Plain text: https://secwatch.observer/filing/0001546380-22-000028.txt

## Key facts
- Earnings Releases
  SCOTTS MIRACLE-GRO CO reported financial results for the three and twelve months ended September 30, 2022.
  - Period: the three and twelve months ended September 30, 2022
  - Result: reported results
  source text: On November 2, 2022, Scotts Miracle-Gro issued a news release reporting information regarding its financial results for the three and twelve months ended September 30, 2022 and its financial condition as of September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/825542/000154638022000028/0001546380-22-000028-index.htm

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