Scotts Miracle-Gro Company (The) (SMG) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Welcome to Scott's Miracle Grows third quarter 2025 earnings webcast. I'm Brad Shelton, head of investor relations. Speaking today are chairman and CEO Jim Hagadorn and chief financial officer and chief accounting officer Mark Shiver. Jim will provide a business update followed by Mark with a review of our financial results. In conjunction with our commentary today, please review our earnings release and supplemental financial presentation slides, which were published on our website at .scotts.com prior to this webcast. During our review, we will make forward-looking statements and discuss certain non-GAAP financial measures. Please be aware that our actual results could differ materially from what we share today. Please refer to our Form 10-K filed with the SEC for details of the full range of risk factors that impact our results. Following the webcast, president and chief operating officer Nate Baxter and executive vice president and chief of staff Chris Hagadorn will join Jim and Mark for an audio only Q&A session. To listen to the Q&A, simply remain on this webcast. To participate, please join by the audio link shared in our press release. As always, today's session will be recorded. An archived version will be published on our website. For further discussion after the call, please email or call me directly. With that, let's get started with Jim's business update. Thanks, Brad, and good morning, everyone. Today I'm going to focus on two big topics. The first is performance. We're delivering on all our key financial metrics. We've also gained another 2% of market share on top of last year's share gains. What's even more impressive is POS units across our categories are up 8% on the year. They're keeping pace with fiscal 24 trend that saw us drive 9% ...