Scotts (SMG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Scotts (SMG) reported earnings 30 days ago. What's next for the stock?
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The decline in Q2 sales of SMG's U.S. Consumer unit is a result of a colder and slower start to the lawn and garden season.
The Scotts Miracle-Gro Company (NYSE:SMG ) Q2 2025 Earnings Conference Call April 30, 2025 9:00 AM ET Company Participants Brad Chelton - Head of IR Jim Hagedorn - Chairman, President and CEO Mark Scheiwer - Interim CFO and CAO Nate Baxter - President COO Chris Hagedorn - EVP and Chief of Staff John Sass - VP, Chief Creative Officer Martha Stewart - Chief Gardening Officer Conference Call Participants Jon Andersen - William Blair Jonathan Matuszewski - Jefferies Andrew Carter - Stifel Joe Altobello - Raymond James Eric Bouchard - Cleveland Research Company Brad Chelton Good morning. Welcome to Scotts Miracle-Gro's Second Quarter 2025 Earnings Webcast.
The headline numbers for Scotts (SMG) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Scotts Miracle-Gro (SMG) came out with quarterly earnings of $3.98 per share, beating the Zacks Consensus Estimate of $3.95 per share. This compares to earnings of $3.69 per share a year ago.
Under the terms of the agreement, SMG transfers The Hawthorne Collective in exchange for an interest-bearing promissory note.
Scotts (SMG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
SMG sees a double-digit increase in U.S. Consumer division sales in Q1, offset by a decline in the Hawthorne unit.
Scotts Miracle-Gro shows stabilizing revenue, robust margin expansion, and strategic initiatives for long-term growth, making it an appealing investment opportunity. Management focuses on debt reduction, cost savings, and expanding demographic reach, particularly within the Hispanic market, positioning SMG for sustainable growth. The planned spin-off of Hawthorne Gardening simplifies the business, enhancing valuation clarity and focusing on core lawn and garden segments.
The Scotts Miracle-Gro Company (NYSE:SMG ) Q1 2025 Earnings Conference Call January 29, 2025 9:00 AM ET Company Participants Jim Hagedorn - Chairman, President & Chief Executive Officer Mark Scheiwer - Executive Vice President, Interim Chief Financial Officer & Chief Accounting Officer Nate Baxter - Executive Vice President & Chief Operating Officer Chris Hagedorn - Executive Vice President & Chief of Staff Conference Call Participants Chris Carey - Wells Fargo Securities Bill Chappell - Truist Securities Jon Andersen - William Blair Eric Bouchard - Cleveland Research Jonathan Matuszewski - Jefferies Unidentified Company Representative Good morning. I'm Brad Shelton [ph]; I would like to welcome you to the Scotts Miracle-Gro First Quarter Earnings Conference Call.