SCOTTS MIRACLE-GRO CO 8-K

What Happened
Scotts Miracle‑Gro Company (SMG) filed an 8‑K on February 20, 2026 (Item 2.02) announcing that during Q1 of fiscal 2026 it determined the Hawthorne business meets the criteria to be classified as held for sale and, because this is a strategic shift, has reclassified Hawthorne as a discontinued operation for all periods presented. The company previously reflected this change in its Form 10‑Q for the quarter ended December 27, 2025 (filed February 4, 2026) and is furnishing additional historical financial data that restates fiscal 2024 and 2025 results to show Hawthorne as discontinued.

Key Details

• Filing date: February 20, 2026 (Current Report on Form 8‑K).
• Revisions provided in Exhibit 99.1: unaudited condensed consolidated selected financial data.
• Revised items include: GAAP quarterly and annual results for fiscal 2024 and 2025; revised adjusted (non‑GAAP) measures for those periods; and revised segment results for the same fiscal periods.
• The 8‑K was signed by Mark J. Scheiwer, EVP, CFO & Chief Accounting Officer.

Why It Matters
Reclassifying Hawthorne as held for sale and a discontinued operation changes how SMG presents past and future financial results — Hawthorne’s revenue, expenses and results will be shown separately from continuing operations. That affects comparability of revenue, earnings and adjusted metrics for fiscal 2024–2026 and alters segment disclosures. Investors should review the revised financial tables (Exhibit 99.1) and the referenced Form 10‑Q/10‑K filings to understand the magnitude of the changes and how they affect profitability and trends for Scotts’ continuing businesses.