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The Scotts Miracle-Gro Company - SMG STOCK NEWS

Welcome to our dedicated news page for The Scotts Miracle-Gro Company (Ticker: SMG), a resource for investors and traders seeking the latest updates and insights on The Scotts Miracle-Gro Company.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect The Scotts Miracle-Gro Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of The Scotts Miracle-Gro Company's position in the market.

Rhea-AI Summary
The Scotts Miracle-Gro Foundation and the Alliance for Water Efficiency have extended their partnership to support research aiming to improve the efficiency of lawns and other landscapes. The two-year grant will fund environmental programs through December 2025, focusing on evaluating landscape transformation programs and creating resources to help water efficiency and conservation practitioners. The new projects aim to help households use water wisely outdoors, including the creation of a guidebook for smart practices in utility-sponsored residential landscape and irrigation programs, as well as a research project to collect and synthesize current knowledge of behavior-based strategies to help residents irrigate smarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.81%
Tags
partnership
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Rhea-AI Summary
Scotts Miracle-Gro Company (NYSE: SMG) announced the retirement of Nancy Mistretta from its Board of Directors. Mistretta, who has been a director since 2007, served on various Board committees. The company plans to name a replacement for the open Board seat. The retirement provides an opportunity to further evaluate the skill sets, experience, and backgrounds of the Board members, aligning with the company's direction of reshaping its leadership team for the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
Tags
management
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Rhea-AI Summary
The Scotts Miracle-Gro Company (NYSE: SMG) will release its first quarter financial results on February 7, 2024, followed by a webcast and audio question-and-answer session. Participants can register in advance to watch the presentation and join the Q&A session. The replay of the conference call will be available on the Company’s investor website for at least 12 months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.05%
Tags
Rhea-AI Summary
The Scotts Miracle-Gro Company (NYSE: SMG) has approved a cash dividend of $0.66 per share, payable on March 8, 2024, to shareholders of record as of February 23, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
Tags
dividends
-
Rhea-AI Summary
The Scotts Miracle-Gro Company (SMG) will participate in a fireside chat at the 2023 Raymond James TMT and Consumer Conference in New York City. Martin Mitela of Raymond James & Associates will host the chat, with Matt Garth, SMG’s chief financial and administrative officer, participating in a question-and-answer session. The live webcast can be accessed on the Company’s investor relations site at investor.scotts.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.63%
Tags
none
-
Rhea-AI Summary
Scotts Miracle-Gro Foundation and National Head Start Association Launch 6th Year of GroMoreGood Garden Grants, Encouraging Outdoor Learning and Healthy Eating
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
Tags
partnership
Rhea-AI Summary
The Scotts Miracle-Gro Company reported full-year net sales of $3.55 billion, in line with guidance. Free cash flow improved by $681 million year over year, reaching $438 million. The company reaffirmed its target of $1 billion in free cash flow over two years through Fiscal 2024. Project Springboard cost savings contributed to full-year non-GAAP adjusted EBITDA of $447 million. The company reported a full-year GAAP loss per share of $6.79 and adjusted non-GAAP EPS of $1.21.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.54%
Tags
-
Rhea-AI Summary
The Scotts Miracle-Gro Company (NYSE: SMG) has announced a cash dividend of $0.66 per share. The dividend will be payable on December 8, 2023, to shareholders of record as of November 27, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.54%
Tags
dividends
-
Rhea-AI Summary
The Scotts Miracle-Gro Company to release fourth quarter financial results on November 1, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.17%
Tags
Rhea-AI Summary
The Scotts Miracle-Gro Company announces executive team reorganization with retirements of President Mike Lukemire and EVP Denise Stump. Julie DeMuesy promoted to chief human resources officer and chief ethics officer. Jim Hagedorn to assume additional duties of president. Matt Garth named chief administrative officer. Nate Baxter promoted to chief operating officer. Executive team restructuring coincides with reductions in other senior positions. Company focused on future growth and increasing shareholder value. Details to be provided with fiscal 2023 earnings report on November 1, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
none
The Scotts Miracle-Gro Company

NYSE:SMG

SMG Rankings

SMG Stock Data

3.87B
42.29M
25.39%
77.48%
7.9%
Landscaping Services
Administrative and Support and Waste Management and Remediation Services
Link
United States of America
MARYSVILLE

About SMG

the scottsmiracle-gro company is passionate about helping people of all ages express themselves on their own piece of the earth. the company’s industry-leading lawn, garden and outdoor living products and services all work to make a beautiful world. our trusted brands meet our consumers unique needs – whether its products in natural and organic or solutions for indoor and urban gardening, we are constantly listening to our consumers so we can develop the products they need.