---
schema_version: "secwatch.filing_event.v1"
accession: "0001546380-24-000039"
form_type: "8-K"
ticker: "SMG"
cik: "0000825542"
company_name: "SCOTTS MIRACLE-GRO CO"
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:58:03.146230+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Scotts Miracle-Gro reports fiscal 2024 adjusted EPS $2.29, up from $1.21; free cash flow exceeds $1B over two years

## Summary
- Full-year revenue $3.6B flat; U.S. Consumer up 6% to $3.0B; Hawthorne down 37% to $294.7M.
- GAAP net loss $34.9M ($0.61) vs loss $380.1M ($6.79); non-GAAP adj. EPS $2.29 vs $1.21.
- Non-GAAP adj. EBITDA $510M at high end of guidance; free cash flow $583.5M, exceeding $1B two-year target.
- Q4 net sales $414.7M (+11%); U.S. Consumer +54% driven by shipment timing; Hawthorne -46%.
- Net leverage 4.86x, below covenant max of 6.0x; inventory below $600M.

## SEC filing metadata
- accession: 0001546380-24-000039
- form_type: 8-K
- ticker: SMG
- cik: 0000825542
- company_name: SCOTTS MIRACLE-GRO CO
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/825542/000154638024000039/0001546380-24-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/825542/000154638024000039/smg-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001546380-24-000039
- JSON: https://secwatch.observer/filing/0001546380-24-000039.json
- Plain text: https://secwatch.observer/filing/0001546380-24-000039.txt

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