NYSE$SMG

Scotts Miracle-Gro Company · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

ScottsMiracle-Gro reported an increase in net sales and a reduced net loss compared to the previous year.

ScottsMiracle-Gro reported an 11% increase in total company net sales for the fourth quarter, driven by a 54% increase in U.S. Consumer net sales. However, Hawthorne segment sales decreased by 46%. The company reported a GAAP net loss of $244.0 million, an improvement from the prior year's loss of $468.4 million.

  • U.S. Consumer fiscal 2024 sales up 6 percent in line with guidance; POS units up 9 percent year-over-year.
  • Company exceeds free cash flow target of $1 billion over two years through fiscal 2024; Net leverage at 4.86x.
  • Non-GAAP adjusted EBITDA of $510 million at high end of guidance range when excluding $29 million of one-time charges.
  • U.S. Consumer net sales increased 54 percent to $309.7 million from $201.0 million in the same period last year.

Headline financials

Total Revenue

$415M

Previous: $375M+10.7%
EPS (adj)

-$2.31

Previous: -$2.77+16.6%
Capital Expenditures

-$16.6M

Previous: -$19M+12.6%
Free Cash Flow

$584M

Previous: $438M+33.2%
Net Income

-$244M

Previous: -$468M+47.9%
Operating Income

-$216M

Previous: -$416M+48.1%
Gross Profit

-$29.5M

Previous: -$56.9M+48.2%
Stock-Based Comp

$14.7M

Previous: $16.2M-9.3%

Revenue & EPS history

Scotts · Revenue · Quarterly

$415M

Q4 2024+10.7%vs Q4 2023
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

Scotts · $225M total across 2 segments · Q4 2023

  • U.S. Consumer
    $201M-33.5%
  • Other
    $23.8M+3.5%

Forward guidance

The Company will outline its expectations for fiscal 2025 during today’s call.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.7%

Avg return

Earnings day

+1.5%

Avg return

5 days after

-0.7%

Avg return

30 days after

60%

41 / 68 earnings

Positive

+18.2%

Q4 2023

Best reaction

-21.9%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-4.6%-9.2%-9.8%
Q1 2026-0.6%-0.1%-10.8%
Q4 2025+2.8%+4.6%-1.2%
Q2 2025-5.9%+4.9%+11.2%
Q1 2025-5.8%-8.5%-22.7%
Q4 2024-21.9%-20.4%-19.3%
Q3 2024+7.1%+0.7%+1.1%
Q2 2024+0.2%+4.2%+1.7%
Q1 2024+4.6%+5.0%+23.4%
Q4 2023+18.2%+19.3%+30.9%
Q3 2023-21.1%-23.2%-23.0%
Q2 2023-7.6%+4.7%-3.7%
Q1 2023+16.2%+12.3%+18.1%
Q4 2022+8.9%+11.5%+20.3%
Q3 2022-8.2%-5.3%-30.0%
Q2 2022+9.9%-1.3%-8.9%
Q1 2022-6.6%-12.1%-8.0%
Q4 2021+11.5%+13.6%-8.9%
Q3 2021-8.2%-7.9%-9.7%
Q2 2021+5.5%+6.1%-11.7%
Q1 2021+3.6%+4.8%-12.0%
Q4 2020+8.3%-1.5%+10.0%
Q3 2020+8.1%+8.7%+15.4%
Q2 2020+4.3%+5.7%+3.2%
Q1 2020+10.5%+13.3%-3.0%
Q4 2019+4.8%+9.2%+5.2%
Q3 2019+5.5%+5.0%+2.9%
Q2 2019+6.8%+9.3%+5.3%
Q1 2019+6.3%+8.3%+17.0%
Q4 2018+10.3%+8.4%-1.9%
Q3 2018-1.0%+1.7%-4.0%
Q2 2018-7.3%-2.5%+1.9%
Q1 2018-15.8%-15.6%-15.9%
Q4 2017-0.2%-0.5%+2.3%
Q3 2017-0.3%+1.0%-0.4%
Q2 2017-8.5%-7.2%-9.4%
Q1 2017-2.2%-3.1%-1.9%
Q4 2016+0.5%+2.6%+4.8%
Q3 2016+7.7%+12.0%+12.8%
Q2 2016-3.8%
Q1 2016-3.9%
Q4 2015+1.4%
Q3 2015+8.6%
Q2 2015+2.0%
Q1 2015+2.1%
Q4 2014+0.6%
Q3 2014+4.6%
Q2 2014-0.9%
Q1 2014-0.4%
Q4 2013-0.5%
Q3 2013+0.5%
Q2 2013+5.7%
Q1 2013+0.1%
Q4 2012-4.8%
Q3 2012+4.1%
Q2 2012-16.2%
Q1 2012+4.9%
Q4 2011-1.6%
Q3 2011+0.8%
Q2 2011-0.8%
Q1 2010+0.0%
Q1 2011+0.0%
Q4 2010+1.0%
Q4 2008+1.0%
Q2 2010+1.0%
Q3 2009+1.3%
Q3 2010+1.3%
Q4 2009+1.3%

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