Scotts Miracle-Gro recasts fiscal 2024-2025 results to treat Hawthorne as discontinued
Scotts Miracle-Gro filed revised historical financial data that reclassifies its Hawthorne business as a discontinued operation after the business met held-for-sale criteria in the first quarter of fiscal 2026. The recast changes how sales, continuing operations and per-share results are presented for fiscal 2024 and 2025, but the filing does not change the company's reported total net income for those periods.
Key points
- Fiscal 2025 net sales are revised to $3,255.8 million from $3,413.1 million previously reported.
- Fiscal 2025 diluted income from continuing operations is revised to $3.10 per share from $2.47 previously reported, with a $36.9 million loss from discontinued operations.
- Fiscal 2025 GAAP net income remains $145.2 million, and the revisions are filed alongside the Form 10-Q for the period ended December 27, 2025, filed February 4, 2026.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 20, 2026.
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