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The Scotts Miracle-Gro Company reports developments in branded consumer lawn and garden products in North America, including the Scotts®, Miracle-Gro®, Ortho® and Tomcat® brands. Company news centers on sales trends, gross margin recovery, leverage, cash generation, dividends and capital allocation, along with guidance for its core U.S. Consumer lawn and garden business.
Updates also cover product and channel initiatives, such as patio and container gardening collaborations, community gardening grants through The Scotts Miracle-Gro Foundation, and completed portfolio actions. The completed sale of The Hawthorne Gardening Company shifted the company's public updates toward its North American consumer lawn and garden franchise after Hawthorne's indoor and hydroponic gardening supplies were treated as discontinued operations.
The Scotts Miracle-Gro Company (NYSE: SMG) announced a quarterly cash dividend of $0.66 per share, payable June 5, 2026, to shareholders of record on May 22, 2026. The company reported approximately $3.4 billion in sales and reiterated its position as a leading branded lawn and garden products marketer in North America.
This dividend reflects a shareholder return action with clear record and payment dates and a concrete per-share amount.
ScottsMiracle-Gro (NYSE: SMG) completed the sale of its Hawthorne subsidiary to Vireo Growth on April 9, 2026, receiving Vireo shares held by an independent strategic partner that will be reported among other investments.
The company reaffirmed fiscal 2026 guidance, classified Hawthorne as a discontinued operation effective Q1 fiscal 2026, and posted recast historical results for fiscal 2024–2025. Vireo nominated Chris Hagedorn for its board and plans a strategic growth committee. Financial and legal advisors to ScottsMiracle-Gro were named.
ScottsMiracle-Gro (NYSE: SMG) reaffirmed its fiscal 2026 guidance and says margin recovery and growth plans remain on track. The company reported ~80% of commodities locked by March 28, 2026, ~90% of COGS sourced domestically and nearly 100% urea domestic sourcing.
Debt-to-EBITDA was reported below 4x, and management reiterated a planned share repurchase program to begin later in fiscal 2026. Full details will be discussed on the Q2 earnings call on April 29, 2026.
ScottsMiracle-Gro (NYSE:SMG), Bonnie Plants and Gardenuity launched the Inspired to Gro™ Patio Garden Collection on March 18, 2026, a bundled, guided patio gardening kit for new gardeners. The collection combines Miracle-Gro nutrients, fully rooted Bonnie starter plants and Gardenuity’s guided platform, grow bag, custom soil and personalized support.
The lineup includes three curated kits—Everyday Good Seasonal Herb Garden, Well Bloomed Limited Edition Edible Flower and Simply Rooted Seasonal Vegetable and Herb Garden—available now on Amazon, Bonnieplants.com and Gardenuity.com.
Brazilian fintech AGI (NYSE: AGBK) opened for trading on Feb 11, 2026 after completing an IPO that raised $240 million. The NYSE pre-market update noted AGBK’s opening bell appearance and highlighted broader market context, including the Dow closing above 50,000 and a delayed January jobs report.
The same NYSE update also noted Scotts Miracle-Gro (NYSE: SMG) marking its 30th anniversary with a closing bell celebration.
ScottsMiracle-Gro (NYSE: SMG) reported Q1 fiscal 2026 results and announced a planned divestiture of Hawthorne, classified as a discontinued operation, with an expected close in fiscal Q2 2026.
The Board authorized a $500 million share repurchase program to begin in late 2026; the company reaffirmed fiscal 2026 guidance including non-GAAP EPS $4.15–$4.35 and $275 million free cash flow.
Scotts Miracle-Gro (NYSE: SMG) announced a quarterly cash dividend of $0.66 per share. The dividend is payable on March 6, 2026 to shareholders of record as of February 20, 2026. The company reported approximately $3.4 billion in sales and positions itself as a leading marketer of branded consumer lawn and garden products in North America, with brands including Scotts, Miracle-Gro, Ortho, and Tomcat.
ScottsMiracle-Gro (NYSE: SMG) will release its first quarter 2026 financial results on Wednesday, January 28, 2026 before U.S. market open. The company will host a video webcast at 9:00 a.m. ET, followed by an audio question-and-answer session.
Investors must register in advance to watch the presentation via the webcast link and to receive call-in details and a unique PIN for the audio Q&A. A replay of the conference call, the press release, and accompanying materials will be archived on the company investor website for at least 12 months.
The company reports approximately $3.4 billion in sales and lists its leading brands as Scotts, Miracle-Gro, Ortho, and Tomcat.
ScottsMiracle-Gro (NYSE: SMG) expressed support for the President’s Dec. 18, 2025 executive order to reschedule cannabis from Schedule I to Schedule III. The company said rescheduling would ease federal research limits, remove the 280E tax penalty that has produced tax rates of 70% or higher vs. 21% for typical corporations, and strengthen the legal cannabis market that employs over 425,000 people and contributes $100 billion to the economy. ScottsMiracle-Gro highlighted potential increased capital spending by cannabis firms and said its Hawthorne Gardening Company could benefit as it is being moved toward a cannabis-dedicated business.
The company expects to combine Hawthorne with a cannabis company early in fiscal 2026, while noting rescheduling does not itself legalize cannabis at the federal level.
ScottsMiracle-Gro (NYSE: SMG) said Nate Baxter, president and chief operating officer, and Mark Scheiwer, chief financial officer and chief accounting officer, will present in a fireside chat at the Raymond James 2025 TMT & Consumer Conference in New York on Tuesday, December 9, 2025 at 2:20 p.m. ET.
Investors can listen via a live webcast on the company’s investor relations events page, and an archive will be available on the website for at least 90 days. The release also notes the company has approximately $3.4 billion in sales and lists key brands including Scotts, Miracle-Gro, Ortho, and Tomcat.