---
schema_version: "secwatch.filing_event.v1"
accession: "0001546380-25-000003"
form_type: "8-K"
ticker: "SMG"
cik: "0000825542"
company_name: "SCOTTS MIRACLE-GRO CO"
filed_at: "2025-01-29T23:59:59+00:00"
generated_at: "2026-05-27T07:43:20.569439+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Scotts Miracle-Gro Q1 adj. EBITDA improves $30M; reaffirms FY guidance; lowers interest expense view

## Summary
- Q1 net loss $69.5M ($1.21/sh) vs $80.5M ($1.42/sh) YoY; adj. loss $0.89/sh improved $0.56.
- U.S. Consumer net sales +11% to $340.9M; Hawthorne -35% to $52.1M from exit of third-party distribution.
- Non-GAAP adj. gross margin 24.0% vs 13.7% YoY; adj. EBITDA +$3.8M vs -$25.8M.
- Reaffirms FY2025 adj. EBITDA guidance $570-590M; lowers interest expense outlook by $15-20M.
- Avg net debt to adj. EBITDA leverage 4.52x vs 4.86x last qtr; on track to low 4's by fiscal year-end.

## SEC filing metadata
- accession: 0001546380-25-000003
- form_type: 8-K
- ticker: SMG
- cik: 0000825542
- company_name: SCOTTS MIRACLE-GRO CO
- filed_at: 2025-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/825542/000154638025000003/0001546380-25-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/825542/000154638025000003/smg-20250129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001546380-25-000003
- JSON: https://secwatch.observer/filing/0001546380-25-000003.json
- Plain text: https://secwatch.observer/filing/0001546380-25-000003.txt

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