Scotts Miracle-Gro

Scotts Miracle-Gro Co. engages in the manufacturing, marketing, and sale of products for lawn and garden care and indoor and hydroponic gardening. Its products and services include lawn care, gardening and landscape, hydroponic hardware and growing environments, lighting, controls, and marketing agreement. It operates through the following segments: U.S. Consumer, Hawthorne, and Other. The U.S. Consumer and Other segments manufacture and market branded consumer lawn and garden products. The U.S. Consumer segment consists of consumer lawn and garden business in the United States. The Hawthorne segment manufactures, markets, and distributes lighting, nutrients, growing media, growing environments, and hardware products for indoor and hydroponic gardening in North America. The company was founded by Orlando McLean Scott in 1868 and is headquartered in Marysville, OH.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Scotts Miracle-Gro exceeds Q1 sales goal, eyes cannabis growth

Scotts Miracle-Gro (SMG) reported strong Q1 performance, exceeding sales goals and achieving profitability milestones.
Despite challenges in the Hawthorne segment, the company remains optimistic about growth opportunities in the cannabis sector.
Commitment to disciplined growth strategies, pricing strength, and leveraging free cash flow for debt repayment and potential reinvestment.
Focus on consumer engagement, market recovery, and maintaining liquidity to drive future success.

Scotts Miracle-Gro reports strong Q2 performance amidst industry challenges

Scotts Miracle-Gro (SMG) reported strong Q2 performance in the US Consumer business, with cost reductions and efficiency gains contributing to improved free cash flow.
While facing challenges in the Hawthorne segment, the company remains focused on reaching breakeven and aligning with the cannabis market's realities for improved performance.
Opportunities lie in positive industry developments, potential pricing adjustments, strategic partnerships in the cannabis market, and value creation initiatives.
Despite margin hindrances, Scotts Miracle-Gro (SMG) is optimistic about the season's progress and committed to growth strategies and profitability through innovation and partnerships.

Scotts Miracle-Gro faces challenges but eyes growth opportunities in 2024

Scotts Miracle-Gro faced challenges in meeting its targets but saw growth in consumer retail sales, with a focus on debt reduction and maintaining dividend payments.
The company is on track with its debt reduction plan, aiming for $1 billion over 2 years, and is exploring opportunities for margin accretion and partnerships for future growth.
Despite short-term financial challenges, Scotts Miracle-Gro is implementing cost-saving measures, focusing on broadening retailer relationships, and anticipating a return to $600 million EBITDA next year.
The Hawthorne business is stabilizing, aiming for profitability, exploring partnerships, and considering strategic actions to address industry challenges, while maintaining a commitment to debt reduction.

Scotts Miracle-Gro reports fiscal '23 improvements, eyes growth in '24

Scotts Miracle-Gro's fiscal '23 performance showcased financial discipline and operational improvements despite sales challenges, setting the stage for growth in fiscal '24.
The company's focus on core consumer, marketing, innovation, and strategic solutions positions it well to capitalize on opportunities for revenue growth and margin enhancement.
While facing challenges such as sales declines and margin pressures, Scotts Miracle-Gro's strategic outlook for fiscal '24 emphasizes growth, profitability, and operational efficiency.
By addressing concerns, leveraging data analytics, and enhancing marketing efforts, Scotts Miracle-Gro aims to drive performance and shareholder value in the upcoming year.

Scotts Miracle-Gro reports strong Q1 results, focuses on profitability

Scotts Miracle-Gro's Q1 performance reflects positive growth and margin improvement strategies.
The company is focused on profitability, leveraging strengths in North America and retail partnerships.
Challenges include managing leverage, transitioning Hawthorne to profitability, and SG&A adjustments.
Opportunities lie in volume growth, partnerships, and sustainable reinvestment for future growth.

Scotts Miracle-Gro surpasses financial targets and navigates industry challenges

Scotts Miracle-Gro delivered strong financial performance, exceeding targets and showcasing growth in consumer business. The focus on proprietary brands, partnerships, and cost optimization reflects a commitment to long-term success.
Challenges include pending deals, achieving profitability in Hawthorne, and navigating the evolving cannabis industry landscape. Opportunities in advertising, strategic partnerships, and cost optimization pave the way for future growth.
Overall, Scotts Miracle-Gro's Q2 earnings call highlighted solid performance, strategic initiatives, and a positive outlook for future sales growth. Management's focus on financial metrics, consumer engagement, and profitability sets a strong foundation for continued success.

Scotts Miracle-Gro reports strong Q3 performance and strategic growth focus

Scotts Miracle-Gro delivered a robust performance in Q3 2024, showcasing growth in net sales, profitability, and market share across its key divisions, driven by strategic initiatives and operational efficiencies.
While facing challenges related to increased SG&A expenses and market dynamics, the company's focus on debt reduction, margin improvement, and financial discipline positions it well for long-term success and sustainable growth.
With opportunities to capitalize on its strong market position, drive innovation, and optimize pricing strategies, Scotts Miracle-Gro is poised to navigate challenges and leverage growth prospects for enhanced shareholder value.

Scotts Miracle-Gro reports strong fiscal '24 performance and outlines growth plans for '25

Scotts Miracle-Gro's fiscal '24 showcased resilience and strategic progress, with a focus on cost-cutting, growth, and operational efficiency. The company is poised for sustained growth through brand investments and market strategies.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

VANCOUVER, Wash., Dec. 22, 2021 (GLOBE NEWSWIRE) -- The Hawthorne Gardening Company, a wholly owned subsidiary of The Scotts Miracle-Gro Company, has announced the securing of multiple patents related to the design and functionality of the Gavita CT 1930e LED light.

Hawthorne announces patents for innovative design and performance of Gavita CT 1930e LED light

In the latest trading session, Scotts Miracle-Gro (SMG) closed at $153.51, marking a +0.88% move from the previous day.

Scotts Miracle-Gro (SMG) Gains But Lags Market: What You Should Know

Scotts Miracle-Gro (SMG) closed at $151.06 in the latest trading session, marking a -0.57% move from the prior day.

Scotts Miracle-Gro (SMG) Stock Moves -0.57%: What You Should Know

GrowGeneration Corp

2 Ancillary Marijuana Stocks For Your 2022 Watchlist The post Top Ancillary Marijuana Stocks To Watch In 2022 appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

Top Ancillary Marijuana Stocks To Watch In 2022

Wells Fargo's (NYSE:WFC) analyst Chris Carey initiated coverage of four stocks in the cannabis space in his latest analyst note. The cannabis stocks on Carey's radar include Canopy Growth (NASDAQ:CGC), Scotts Miracle-Gro Co. (NYSE:SMG), Hydrofarm Holdings Group Inc. (NASDAQ:HYFM) and GrowGeneration Corp. (NASDAQ:GRWG).

Wells Fargo Rates Four Cannabis Stocks – Scotts Miracle-Gro Is 'Flashing Green' As Buy Opportunity

Canopy Growth

Hydrofarm Holdings Group

Wells Fargo analyst Chris Carey on Thursday initiated coverage of four cannabis stocks, with Scotts Miracle-Gro Co. drawing the most bullish comments, in a sign of Wall Street's growing interest in the sector.

The Ratings Game: Wells Fargo launches coverage of four cannabis stocks

Scotts (SMG) reported earnings 30 days ago. What's next for the stock?

Scotts (SMG) Down 14.8% Since Last Earnings Report: Can It Rebound?

Back to the Roots expects to hit sales of $100 million in 2022 due to continuing interest in gardening that grew during COVID-19.

Organic gardening company Back to the Roots wants to be the Scotts Miracle-Gro for millennial gardeners

Green Thumb Industries Inc.

These cannabis stocks are no-brainers to add to your portfolio.

3 Top Marijuana Stocks to Buy Without Hesitation

Innovative Industrial Properties

Power REIT

Marijuana Stocks Showing Gains In The Last Month The post Cannabis Stocks To Watch Right Now? 4 Holding On To Gains This Month appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

Cannabis Stocks To Watch Right Now? 4 Holding On To Gains This Month

Scotts Miracle-Gro has seen material share price weakness over the past several months.

Scotts Miracle-Gro: Plant Your Seeds And Watch The Portfolio Grow

Jazz Pharmaceuticals

These Marijuana Stocks Could Be Ways To Invest In Cannabis Long Term The post Going Long On Top Marijuana Stocks To Buy? 3 Of The Best Cannabis Stocks To Watch Right Now appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

Going Long On Top Marijuana Stocks To Buy? 3 Of The Best Cannabis Stocks To Watch Right Now

Best Ancillary Marijuana Stocks For Your Watchlist Right Now The post 2 Top Ancillary Cannabis Stocks To Watch In November appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

2 Top Ancillary Cannabis Stocks To Watch In November

Scotts Miracle-Gro's (SMG) Q4 results are impacted by lower sales in all the segments.

Scotts Miracle-Gro (SMG) Beats Q4 Earnings & Sales Estimates

The Scotts Miracle-Gro (SMG) CEO Jim Hagedorn on Q4 2021 Results - Earnings Call Transcript

On Wednesday Scotts Miracle-Gro (NYSE:SMG) released record full-year financial results driven by a company-wide sales increase of 19% to $4.93 billion, compared with $4.13 billion a year earlier and continued growth in all major operating segments. Based in Marysville, Ohio, the company also revealed that company-wide sales in the fourth quarter of fiscal 2021 declined by 17% to $737.8 million.

ScottsMiracle-Gro Announces Record Full Year Results, Outlines 2022 Guidance, Announces Share Repurchases Of $300M

MARYSVILLE, Ohio, Nov. 03, 2021 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, today released record full year financial results driven by a company-wide sales increase of 19 percent and continued growth in all major operating segments.

ScottsMiracle-Gro Announces Record Full Year Results as Fourth Quarter Sales Exceed Expectations in U.S. Consumer Segment

Shares of Scotts Miracle-Gro Co. SMG, -0.49% rose 2.1% in premarket trading, after the lawn care and indoor and hydroponic growing products company reported a narrower-than-expected fourth-quarter loss and revenue that topped forecasts, as a big beat in its U.S. Consumer business offset a Hawthorne miss. For the quarter to Sept.

Scotts Miracle-Gro stock gains after narrower-than-expected loss, sales fell less than forecast

ScottsMiracle-Gro's (SMG) Q4 results are likely to reflect growth in Hawthorne business and higher costs.

What's in Store for Scotts Miracle-Gro (SMG) in Q4 Earnings?

Top Ancillary Pot Stocks To Watch Right Now The post Best Marijuana Stocks To Buy In October? 3 Ancillary Cannabis Stocks With Upside According To Analysts appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

Best Marijuana Stocks To Buy In October? 3 Ancillary Cannabis Stocks With Upside According To Analysts

MARYSVILLE, Ohio, Oct. 22, 2021 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE SMG), one of the world's largest marketers of branded consumer lawn and garden products, will release its fourth quarter financial results on Wednesday, November 3, 2021, prior to the opening of the U.S. financial markets. The Company will host a conference call to discuss those results at 9:00 a.m. ET.

ScottsMiracle-Gro Announces Timing of Fourth Quarter 2021 Financial Results and Conference Call

GroMoreGood Hydroponic Garden Project expands to 25 new schools with indoor gardens and K-2 classroom learning guide GroMoreGood Hydroponic Garden Project expands to 25 new schools with indoor gardens and K-2 classroom learning guide

AeroGarden expands STEM opportunities for students with National Farm to School Network through The Scotts Miracle-Gro Foundation

McDonald's

Starbucks

SpartanNash

T. Rowe Price Group

In this article, I will review our September dividend income summary and the dividend increases we received.

Dividend Income Summary: Bert's September 2021 Summary

2 Marijuana Stocks To Watch This Upcoming Week The post 2 Ancillary Marijuana Stocks For Your October Watchlist appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

2 Ancillary Marijuana Stocks For Your October Watchlist

These Top Marijuana Stocks Could Be Potential Plays For Your Long Term Portfolio The post Best Long-Term Marijuana Stocks To Buy? 2 Pot Stocks With Dividends In 2021 appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

News for Scotts Miracle-Gro Stock (SMG)