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

Cara Therapeutics

Curaleaf Holdings, Inc.

Neptune Wellness Solutions Inc.

Shopify

While these nine pot stocks rose, 38 others ended lower by at least 10%.

Only These 9 Cannabis Stocks Rose in July

Most cannabis stocks performed dismally last month. But not these three.

3 Best Cannabis Stocks of July -- Are They Buys Now?

The Sunlight Supply acquisition drives Scotts Miracle-Gro's (SMG) Hawthorne segment in Q3.

Scotts Miracle-Gro (SMG) Tops Q3 Earnings & Sales Estimates

Edison

Enphase Energy

Why Scotts Miracle-Gro, Enphase Energy, and Edison International Jumped Today

Scotts Miracle-Gro Co (SMG) CEO James Hagedorn on Q3 2019 Results - Earnings Call Transcript

Scotts ups its full-year guidance after a strong recovery for its Hawthorne segment and solid sales in the U.S. consumer lawn and garden market in Q3.

Scotts Miracle-Gro Handily Beats Q3 Estimates: Here's What You'll Want to Know

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Scotts Miracle-Gro (SMG) have what it takes?

Why Scotts Miracle-Gro (SMG) is a Great Dividend Stock Right Now

The Scotts Miracle Gro (NYSE: SMG) reported second-quarter earnings of $3.11 per share, which beat the analyst consensus estimate of $2.74 by 13.5%.

Scotts Miracle Gro Higher After Q3 Earnings Beat, Raised Guidance

Scotts (SMG) delivered earnings and revenue surprises of 14.76% and 9.81%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Scotts Miracle-Gro (SMG) Beats Q3 Earnings and Revenue Estimates

Scotts Miracle-Gro Co. shares SMG, +1.02% rose more than 5% in premarket trade Wednesday, after the maker of hydroponic growing products beat earnings estimates for the second quarter and raised its guidance.

Scotts Miracle-Gro shares climb more than 5% premarket after earnings beat

Anheuser-Busch InBev

Altria

Constellation Brands

Molson Coors Brewing

These household names are hoping the green rush boosts their bottom lines.

5 Brand-Name Companies Involved in the Marijuana Industry

Scotts Miracle Gro (NYSE: SMG) announces its next round of earnings this Wednesday, July 31.

Q3 Earnings Preview: Scotts Miracle Gro

Scotts Miracle-Gro (SMG) is witnessing strong growth in the Hawthorne unit, which will likely continue in Q3.

Will Hawthorne Drive Scotts Miracle-Gro's (SMG) Q3 Earnings?

Does Scotts Miracle-Gro (SMG) have what it takes to be a top stock pick for momentum investors? Let's find out.

Scotts Miracle-Gro (SMG) is a Great Momentum Stock: Should You Buy?

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.

Scotts Miracle-Gro (SMG) Reports Next Week: Wall Street Expects Earnings Growth

HEXO Corp

Which stock wins in a head-to-head matchup between a top U.S. supplier to the cannabis industry and an up-and-coming Canadian cannabis producer?

Better Marijuana Stock: HEXO vs. Scotts Miracle-Gro

ConocoPhillips

These two companies are hitting the accelerator on growth plans in very different markets, but the risks here may not be as they seem.

Better Buy: Scotts Miracle-Gro vs. ConocoPhillips

Bull of the Day: Scotts MiracleGro

Bull of the Day: Scott's Miracle Grow (SMG)

GW Pharmaceuticals

Innovative Industrial Properties

The recent legalization of marijuana in several states in the US has had many people eager to invest in the emerging sector.

Legal Cannabis Faces Competition from Black Market: 3 Stocks That Can Lead the Brigade

Macy's

Dick's Sporting Goods

Macy’s Inc. recently announced a collaboration with Dick’s Sporting Goods Inc. and Scotts Miracle-Gro Co. that will run through September.

Meet Macy’s Newest Collaboration With Dick’s and Miracle-Gro

Macy's Inc. is launching its latest experiential shopping experience with help from Dick's Sporting Goods Inc. and Scotts Miracle-Gro Co.

Macy's partners with Dick's Sporting Goods and Scotts Miracle-Gro for outdoor experience

Canopy Growth

Cronos Group

CannTrust Holdings

Several economists and market researchers believe that the four  bills may pave the way for marijuana ETFs, which are likely to attract billions of dollars in investment.

5 Picks Ahead of Key Congressional Hearing on Marijuana Laws

Upbeat outlook for fiscal 2019 is driving Scotts Miracle-Gro's (SMG) shares.

Scotts Miracle-Gro Hits 52-Week High: What's Driving it?

Aurora Cannabis

Tilray Brands

Add another marijuana stock to the exchange's lineup, and join the growing crowd ordering burritos at the popular Mexican fast-casual restaurant chain.

News for Scotts Miracle-Gro Stock (SMG)