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.

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

Scotts Miracle-Gro Up 29% in 6 Months: What's Driving It?

Scotts Miracle-Gro (SMG) has benefited from its ability to expand during the coronavirus economic downturn. SMG shares have jumped 24% in 2020, against the S&P 500's 7% decline, and the company just upped its full-year guidance.

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For fiscal 2020, Scotts Miracle-Gro (SMG) now projects adjusted EPS in the range of $5.65-to-$5.85 compared with $4.95-to-$5.15 expected earlier.

Scotts Miracle-Gro (SMG) Raises Guidance on Strong Demand

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MARYSVILLE, Ohio, June  08, 2020  (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 announced increased sales and earnings guidance based on higher demand in both its U.S. Consumer and Hawthorne segments.

ScottsMiracle-Gro Revises Fiscal 2020 Guidance; Strong Demand Continues in both U.S. Consumer and Hawthorne Segments

The U.S. hydroponic sector is large and growing.

Scotts Miracle-Gro And GrowGeneration Are Leading The Cannabis Green Rush

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

Why Is Scotts (SMG) Up 2.2% Since Last Earnings Report?

The company's earnings report was very positive, and there could be more good news on the way.

Why Scotts Miracle-Gro Surged 15% in May

The lawn and garden products company is exciting investors due to its exposure to the cannabis market.

Could Scotts Miracle-Gro Be a Millionaire Maker Stock?

Solid Q2 results, upbeat fiscal 2020 view and healthy prospects of the Hawthorne business are driving Scotts Miracle-Gro's (SMG) shares.

Scotts Miracle-Gro Up 24% in 3 Months: What's Driving It?

Upbeat fiscal 2020 view and bright Hawthorne prospects make Scotts Miracle-Gro (SMG) an attractive option now.

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As of late, it has definitely been a great time to be an investor in The Scotts Miracle-Gro Company.

Scotts Miracle-Gro's Shares March Higher, Can It Continue?

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Scotts Miracle-Gro's (SMG) sales in both the U.S. Consumer and Hawthorne rise year over year in Q2.

Scotts Miracle-Gro (SMG) Q2 Earnings Top, Sales Lag Estimates

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The Scotts Miracle-Gro Company (SMG) CEO Jim Hagedorn on Q2 2020 Results - Earnings Call Transcript

Everything's coming up roses at Scotts Miracle-Gro this spring.

News for Scotts Miracle-Gro Stock (SMG)