8-K
SCOTTS MIRACLE-GRO CO (SMG)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
_________________________________
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 28, 2025 (April 28, 2025)
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The Scotts Miracle-Gro Company
(Exact name of registrant as specified in its charter)
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| Ohio | 001-11593 | 31-1414921 | |||||
|---|---|---|---|---|---|---|---|
| (State or other jurisdiction | (Commission | (IRS Employer | |||||
| of incorporation or organization) | File Number) | Identification No.) | 14111 Scottslawn Road | Marysville | Ohio | 43041 | |
| --- | --- | --- | --- | ||||
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (937) 644-0011
Not applicable
(Former name or former address, if changed since last report.)
_________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Shares, $0.01 stated value | SMG | NYSE |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b–2 of the Securities Exchange Act of 1934 (§240.12b of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act. ☐
Item 2.02. Results of Operations and Financial Condition.
On April 28, 2025, the Company issued a news release reporting, among other things, preliminary information regarding its financial results for the three and six months ended March 29, 2025 and clarifying certain statements made by the Company’s Chairman and CEO during an April 25 appearance on CNBC Mad Money. A copy of the news release is filed herewith as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(a) Financial statements of businesses acquired:
Not applicable.
(b) Pro forma financial information:
Not applicable.
(c) Shell company transactions:
Not applicable.
(d) Exhibits:
| Exhibit No. | Description |
|---|---|
| 99.1 | News Release issued by The Scotts Miracle-Gro Company on April 28, 2025 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| THE SCOTTS MIRACLE-GRO COMPANY | |||
|---|---|---|---|
| Dated: | April 28, 2025 | By: | /s/ DIMITER TODOROV |
| Printed Name: Dimiter Todorov | |||
| Title: Executive Vice President, Chief Legal Officer & Corporate Secretary |
INDEX TO EXHIBITS
Current Report on Form 8-K
Dated April 28, 2025
The Scotts Miracle-Gro Company
| Exhibit No. | Description |
|---|---|
| 99.1 | News Release issued by The Scotts Miracle-Gro Company on April 28, 2025 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
4
Document
Exhibit 99.1
| The Scotts Miracle-Gro Company |
|---|
ScottsMiracle-Gro CEO Reports Strong POS Unit Gains During
CNBC Mad Money Appearance
MARYSVILLE, Ohio, April 28, 2025 – The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden products as well as a leader in indoor and hydroponic growing products, reported that Chairman and CEO Jim Hagedorn announced during an April 25 appearance on CNBC Mad Money that the Company is driving strong consumer takeaway in the run-up to the peak lawn and garden season.
Hagedorn confirmed that the Company has realized strong POS unit growth through joint promotion and consumer activation programs with retailers. During his appearance, Hagedorn initially indicated sales were up double digits for the first half of the fiscal year then explained that POS units actually are up double digits. The Company is reaffirming that POS units have increased double digits through the first half.
The Company will disclose financial results, including sales, for the second quarter and first half of the fiscal year on Wednesday, April 30, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9 a.m. ET followed by an audio question-and-answer session.
For investor inquiries:
Brad Chelton
Vice President
Treasury, Tax and Investor Relations
brad.chelton@scotts.com
(937) 309-2503
For media inquiries:
Tom Matthews
Chief Communications Officer
tom.matthews@scotts.com
(937) 844-3864