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

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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.

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MARYSVILLE Ohio, Jan. 29, 2021 (GLOBE NEWSWIRE) -- ScottsMiracle-Gro has initiated a consumer advisory for certain Miracle-Gro® Raised Bed Soil, Nature's Care® Raised Bed Soil, and Miracle-Gro® Performance Organics® In-Ground Soil produced at one of our Michigan facilities between May 15, 2020 and June 4, 2020 and is replacing them with new products. This voluntary action is being undertaken in cooperation with the Michigan Department of Agriculture and Rural Development.

Consumer Safety Advisory: ScottsMiracle-Gro Alerts Consumers of Potential Debris in Certain Soil Products; Launches Effort to Remove Existing Inventory for Michigan Retail Outlets

Scotts Miracle-Gro has largely benefitted from consumers staying at home, and this trend should continue this year. Its hydroponics segment shows promising growth, and management is making investments behind product innovation.

Grow Your Portfolio With Scotts Miracle-Gro

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In December, we received $4,699.20 in dividend income. That is a 23.4% increase compared to last year. We received $3,500 from our retirement accounts this month alone. In total, our dividend income increased nearly $10 from dividend increases.

Dividend Income Summary: Bert's December 2020 Summary - New Record

MARYSVILLE, Ohio, Jan. 15, 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 first quarter financial results on Wednesday, February 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 First Quarter 2021 Financial Results and Conference Call

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Realignments position the Company for continued growth

UPDATE -- ScottsMiracle-Gro Announces Realignment of Finance, Supply Chain and Corporate Affairs Teams; Departure of Randy Coleman as Chief Financial Officer

ScottsMiracle-Gro Announces Realignment of Finance, Supply Chain and Corporate Affairs Teams; Departure of Randy Coleman as Chief Financial Officer

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Scotts Miracle-Gro Co.'s price target was boosted to $250 from $180 at Truist Securities based on the cannabis legislation possibilities that could come from the incoming Democrat-controlled White House and Congress. "To be clear, we do not see national legalization on the horizon, but we do believe that improved banking laws and regulations will enable the legal cannabis growers to accelerate hydroponics purchases," analysts said.

Scotts Miracle-Gro price target gets a boost at Truist Securities based on cannabis legislation possibilities in 2021

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

Scotts (SMG) Down 0.5% Since Last Earnings Report: Can It Rebound?

In Q4, Scotts Miracle-Gro (SMG) delivers growth in the U.S. Consumer and Hawthorne segments across all product categories, geographies and retail channels.

Scotts Miracle-Gro (SMG) Q4 Earnings Lag Estimates, Sales Top

The Scotts Miracle-Gro Company (SMG) CEO Jim Hagedorn on Q3 2020 Results - Earnings Call Transcript

Scotts (SMG) delivered earnings and revenue surprises of -14.29% and 0.64%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Scotts Miracle-Gro (SMG) Misses Q4 Earnings Estimates

Shares of The Scotts Miracle Gro (NYSE:SMG) moved higher by 1.7% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 106.59% over the past year to $0.06, which missed the estimate of $0.09.

Scotts Miracle Gro: Q4 Earnings Insights

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Scotts (SMG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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