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.

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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.

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Scotts Miracle-Gro's (SMG) sales in both the U.S. Consumer and Hawthorne rise year over year in Q3.

Scotts Miracle-Gro's (SMG) Q3 Earnings & Sales Top Estimates

Bull Of The Day: Scotts Miracle-Gro (SMG)

Scotts Miracle-Gro Co. (NYSE: SMG) reported third-quarter fiscal 2020 results before markets opened Wednesday.

Scotts Miracle-Gro Gets Sky-High

Scotts (SMG) delivered earnings and revenue surprises of 13.43% and 12.77%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Scotts Miracle-Gro (SMG) Q3 Earnings and Revenues Surpass Estimates

Shares of Scotts Miracle-Gro Co. SMG, -2.00% soared 10.0% toward a record high in premarket trading Wednesday, after the lawn and garden care products company reported a fiscal third-quarter profit that was well above expectations, raised its full-year sales outlook and announced a special dividend.

Scotts Miracle-Gro's stock soars toward a record after earnings beat, $5 special dividend

Higher demand is likely to get reflected in Scotts Miracle-Gro's (SMG) Q3 results.

Scotts Miracle-Gro (SMG) to Post Q3 Earnings: What's in Store?

Families who register on or before July 24 will be able to participate in 30 exciting games and compete for prizes, right from their own home or backyard Families who register on or before July 24 will be able to participate in 30 exciting games and compete for prizes, right from their own home or backyard

Scotts® Partners with CAMP to Bring Families Together for World’s Biggest Virtual Field Day

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MARYSVILLE, Ohio, July  15, 2020  (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 third quarter financial results on Wednesday, July 29, 2020, 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 Third Quarter 2020 Financial Results and Conference Call

Upbeat fiscal 2020 view and bright prospects of the Hawthorne business are major factors driving Scotts Miracle-Gro's (SMG) shares.

What's Behind Scotts Miracle-Gro's (SMG) Rally of 31% YTD?

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Upbeat view and bright prospects for Hawthorne make Scotts Miracle-Gro (SMG) an attractive investment option.

Here's Why You Should Invest in Scotts Miracle-Gro (SMG) Now

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Upbeat views and bright prospects in the Hawthorne business are driving Scotts Miracle-Gro's (SMG) shares.

Scotts Miracle-Gro Up 33% in 3 Months: What's Driving It?

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Scotts Miracle-Gro's (SMG) 1868 Ventures will focus on early and growth stage companies that have demonstrated traction in the market and are generating revenues.

Scotts Miracle-Gro (SMG) Introduces Venture Capital Fund

Scotts Miracle-Gro, the lawn care and fertilizer giant that has opened up a secondary business as a pioneer in cannabis and hemp cultivation, is launching a $50 million corporate venture capital fund called1868 Ventures.  Is it strange that a fertilizer company would commit to a $50 million fund to invest in two to three startup […]

Scotts Miracle-Gro gets into the venture capital business with a $50 million fund, because it’s 2020

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Scotts Miracle-Gro Co. SMG, -1.78% announced the launch of a $50 million venture capital fund on Thursday, 1868 Ventures, that will invest in plant genetics, natural and organic alternatives for fertilizers, sustainable products and packaging and other gardening innovations.

Scotts Miracle-Gro launches $50 million venture capital fund for gardening innovation

The consumer products leader partners with Touchdown Ventures to invest in innovative start-ups The consumer products leader partners with Touchdown Ventures to invest in innovative start-ups

The Scotts Miracle-Gro Company Launches $50M Venture Capital Fund 1868 Ventures

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News for Scotts Miracle-Gro Stock (SMG)