Scotts Miracle Gr Stock Price, News & Analysis

ScottsMiracle-Gro (NYSE: SMG), the leading marketer of consumer lawn and garden products, has announced its participation in the William Blair 45th Annual Growth Stock Conference on June 5, 2025, in Chicago. President and COO Nate Baxter and CFO Mark Scheiwer will present at 8:40 a.m. CT, discussing the company's business strategies.

The presentation will be accessible via live webcast on the company's investor relations website, with the recording available for 90 days afterward. ScottsMiracle-Gro, with $3.6 billion in sales, owns market-leading brands including Scotts®, Miracle-Gro®, and Ortho®. The company's subsidiary, The Hawthorne Gardening Company, specializes in indoor and hydroponic growing materials.

ScottsMiracle-Gro (SMG) and Project EverGreen have initiated the second phase of renovation at Barrios Unidos Park in Phoenix, following completion of phase one in fall 2024. The project, valued at $150,000, aims to combat urban heat island effects in one of Phoenix's most heat-stressed neighborhoods.

The first phase included planting 50 mature shade trees and expanding irrigation systems. The second phase, launched May 14, 2025, focuses on revitalizing the park's softball field with Bermudagrass sod installation and adding 80 native plants. According to Project EverGreen's Clean Air Calculator, the enhanced green space will sequester over 250,000 pounds of carbon and produce more than 381,000 thousand yards of clean air, equivalent to removing emissions from 32 cars annually.

ScottsMiracle-Gro reported its Q2 2025 financial results, showing significant margin improvements despite lower sales. The company's Q2 sales declined 7% to $1.42 billion, with U.S. Consumer sales down 5% to $1.31 billion due to a slower start to the lawn and garden season.

Key highlights include:

• GAAP gross margin improved to 38.6% (up 820 basis points)
• Non-GAAP adjusted EBITDA reached $402.8 million
• Consumer POS units increased 12% through first half
• Net leverage reduced to 4.41x from 6.95x year-over-year
• GAAP EPS of $3.72 and non-GAAP Adjusted EPS of $3.98

The company reaffirmed its full-year guidance for U.S. Consumer segment net sales, adjusted gross margin, and free cash flow. However, due to cannabis industry uncertainty, Hawthorne segment revenue guidance was withdrawn.

ScottsMiracle-Gro (NYSE: SMG) announced strong performance indicators during CEO Jim Hagedorn's appearance on CNBC Mad Money on April 25, 2025. The company, a leading marketer of consumer lawn and garden products, reported double-digit growth in Point of Sale (POS) units through the first half of the fiscal year, driven by successful joint promotion and consumer activation programs with retailers.

The company will release complete financial results for the second quarter and first half of the fiscal year on April 30, 2025, before market opening, followed by a video presentation and Q&A session at 9 a.m. ET.

The Scotts Miracle-Gro Foundation has partnered with Keep America Beautiful to launch the 2025 Martin Luther King Corridor Community Grants initiative, announced on Earth Day. The program aims to transform underserved areas by creating community gardens and green spaces.

The foundation is contributing $200,000 through 2026 to support projects addressing inner-city heat islands through the planting of trees, shrubs, ground cover, and grass. The grants will also fund community gardens and orchards to combat food insecurity.

Grant applications are open to Keep America Beautiful affiliates, nonprofits, local governments, and community organizations, with winners to be announced by the end of April 2025. The initiative focuses on converting brown spaces into green areas that provide environmental, health, and safety benefits.

Scotts Miracle-Gro (NYSE: SMG) has announced its quarterly cash dividend payment of $0.66 per share, payable on June 6, 2025, to shareholders of record as of May 23, 2025.

The company, with approximately $3.6 billion in sales, is the world's largest marketer of branded consumer products for lawn and garden care. Their portfolio includes market-leading brands such as Scotts®, Miracle-Gro®, and Ortho®. Through their wholly-owned subsidiary, The Hawthorne Gardening Company, they are also a leading provider of nutrients, lighting, and other materials for indoor and hydroponic growing.

ScottsMiracle-Gro (NYSE: SMG) has announced it will release its second quarter 2025 financial results on Wednesday, April 30, 2025, before U.S. markets open. The company will host a video presentation via webcast at 9:00 a.m. ET, followed by an audio Q&A session.

The company, with approximately $3.6 billion in sales, is the world's largest marketer of branded consumer products for lawn and garden care. Their portfolio includes market-leading brands such as Scotts®, Miracle-Gro®, and Ortho®. Through their wholly-owned subsidiary, The Hawthorne Gardening Company, they are also a leading provider of nutrients, lighting, and other materials for indoor and hydroponic growing.

ScottsMiracle-Gro (NYSE: SMG) has announced the transfer of its wholly-owned subsidiary, The Hawthorne Collective, to an independent strategic partner. This move marks the first step in separating its cannabis-related businesses from its core lawn and garden operations.

The company plans to separate The Hawthorne Gardening Company from ScottsMiracle-Gro by the end of fiscal 2025. The transfer was executed in exchange for an interest-bearing promissory note, with SMG retaining an option to reacquire The Hawthorne Collective if federal cannabis legalization occurs.

CEO Jim Hagedorn cited the cannabis sector's volatility and federal-level inaction as key reasons for the separation. The company aims to reduce cannabis-related impact on its stock and focus on value creation through its consumer business. The Hawthorne Collective's holdings include investments in Fluent, a cannabis company operating in Florida, Pennsylvania, Texas, and New York.

The Scotts Miracle-Gro Foundation and KidsGardening have announced their 2025 GroMoreGood Grassroots Grant recipients, awarding grants to 170 community-level programs across 44 states. The initiative aims to establish and expand youth gardens and green spaces, expecting to reach over 38,000 youth with garden-based learning opportunities.

The grant selection process evaluated learning impact, individual program participants, prior funding, and socioeconomic reach. This year's recipients include programs focused on restoring gardens after natural disasters, creating inclusive spaces for youth with disabilities, and revitalizing community gardens for after-school activities. The grants were distributed to winners at the end of March 2025.