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ScottsMiracle-Gro CEO Reports Strong POS Unit Gains During CNBC Mad Money Appearance

1. Scotts Miracle-Gro sees strong consumer takeaway ahead of peak season. 2. POS unit growth reported as double digits for first half of fiscal year. 3. Upcoming financial results announcement scheduled for April 30. 4. Company remains a leader in lawn and garden products market.

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FAQ

Why Bullish?

The reported strong POS growth suggests sustained consumer demand, which historically drives stock price increases.

How important is it?

Strong retail performance signals overall business health, reflecting potential positive earnings results.

Why Short Term?

Immediate positive impact expected ahead of financial results, aligning with peak selling season.

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PBICMSHBI
April 28, 2025 07:00 ET  | Source: Scotts Miracle-Gro Company (The) MARYSVILLE, Ohio, April 28, 2025 (GLOBE NEWSWIRE) -- 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 CheltonVice PresidentTreasury, Tax and Investor Relationsbrad.chelton@scotts.com(937) 309-2503 For media inquiries:Tom MatthewsChief Communications Officertom.matthews@scotts.com(937) 844-3864

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