secwatch.observer — SEC 8-K summary
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Issuer:     SCOTTS MIRACLE-GRO CO (SMG)
CIK:        0000825542
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001546380-25-000010
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scotts Miracle-Gro Q2 GAAP EPS $3.72; adjusted EBITDA $402.8M, reaffirms guidance
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- Q2 GAAP EPS $3.72 vs $2.74 prior year; adjusted EPS $3.98 vs $3.69.
- Total sales $1.42B down 7% YoY; U.S. Consumer sales down 5% to $1.31B.
- GAAP gross margin 38.6% (up 820bps); adjusted gross margin 39.1% (up 380bps).
- Adjusted EBITDA $402.8M vs $396.3M; net leverage improved to 4.41x from 6.95x.
- Reaffirms full-year guidance for U.S. Consumer, but drops Hawthorne revenue guidance due to cannabis uncertainty.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/825542/000154638025000010/0001546380-25-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/825542/000154638025000010/smg-20250430.htm
  HTML page:      https://secwatch.observer/filing/0001546380-25-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer