Welcome to our dedicated page for Scotts Miracle Gr news (Ticker: SMG), a resource for investors and traders seeking the latest updates and insights on Scotts Miracle Gr stock.
The Scotts Miracle-Gro Company (NYSE: SMG) generates a steady flow of news related to its position in branded consumer lawn and garden products and its participation in indoor and hydroponic growing. Company news releases describe ScottsMiracle-Gro as the world’s largest marketer of branded consumer products for lawn and garden care and a leader in indoor and hydroponic growing through its Hawthorne segment.
On this page, readers can follow announcements on topics such as quarterly and full‑year financial results, dividend declarations and updates to fiscal guidance. Recent releases have highlighted gross margin trends, earnings per share performance, free cash flow, leverage metrics and reaffirmed outlooks for the U.S. Consumer segment and consolidated results.
ScottsMiracle-Gro also issues news about its capital allocation and financing, including changes to credit agreements and receivables facilities, as well as corporate governance developments like board appointments and executive compensation practices. The company’s communications frequently discuss its GroMoreGood purpose and Corporate Responsibility initiatives, including recyclable packaging, waste reduction, water conservation and partnerships with environmental nonprofits.
Another recurring theme in the company’s news is its role in indoor and hydroponic growing through The Hawthorne Gardening Company. Releases have addressed how cannabis policy developments and capital spending by legal cannabis operators may affect Hawthorne’s growth prospects and the company’s strategy to combine Hawthorne with a cannabis‑dedicated company.
Brand and community news, such as the long‑term partnership with the Columbus Crew and stadium naming rights for ScottsMiracle-Gro Field, also feature in the company’s updates. Investors, analysts and consumers can use this news feed to review the company’s public statements on financial performance, strategy, sustainability efforts and brand partnerships over time.
ScottsMiracle-Gro (NYSE: SMG) has released its 2025 Corporate Responsibility Report, highlighting significant environmental and social initiatives. The company achieved notable milestones including the launch of Miracle-Gro Organic products, development of drought-tolerant grasses, and implementation of 100% recyclable packaging for select brands.
Key achievements include diverting 1.76 million pounds of coir waste, reducing greenhouse irrigation water usage by nearly 50%, and reaching over 157 million people through environmental partnerships. The company expanded its sustainability efforts through various grant programs and educational initiatives, focusing on water conservation, pollinator protection, and habitat restoration.
ScottsMiracle-Gro (NYSE: SMG), the leading consumer lawn and garden products company, announced key changes to its Board of Directors. Lt. General John R. Vines is retiring after more than 12 years of service but will continue as Board member emeritus.
The company appointed retired U.S. Army General Scott Miller as Vines' replacement. Miller brings extensive military leadership experience, including commanding the U.S. Army Maneuver Center and Joint Special Operations Command. He is the sixth new Board member to join since 2022, following the company's initiative to add expanded skills and fresh perspectives.
ScottsMiracle-Gro, with approximately $3.6 billion in sales, continues its transformation strategy to become a consumer goods marketing powerhouse.
ScottsMiracle-Gro (NYSE: SMG) reported strong financial results for Q3 2025, with U.S. Consumer sales increasing 1% to $1.03 billion and POS units up 6%. The company's GAAP earnings reached $2.54 per share, while non-GAAP adjusted earnings hit $2.59 per share, improving by $0.26 and $0.28 respectively year-over-year.
Notable improvements include GAAP gross margin of 31.8% and non-GAAP adjusted gross margin of 32.1%, representing increases of 230 and 290 basis points respectively. Non-GAAP Adjusted EBITDA improved by $19.3 million to $256.1 million, while leverage ratio improved to 4.15x, down 1.3x from the previous year.
The company reaffirmed its full-year 2025 guidance, projecting low single-digit growth in U.S. Consumer net sales, non-GAAP adjusted EBITDA of $570-590 million, and free cash flow of approximately $250 million.
Scotts Miracle-Gro (NYSE: SMG) has announced a quarterly cash dividend of $0.66 per share, payable on September 5, 2025, to shareholders of record as of August 22, 2025.
The company, with $3.6 billion in sales, is the world's largest marketer of branded consumer lawn and garden products, including well-known brands Scotts®, Miracle-Gro®, and Ortho®. Through its subsidiary, The Hawthorne Gardening Company LLC, it also leads in indoor and hydroponic growing materials.
ScottsMiracle-Gro (NYSE: SMG), the leading marketer of consumer lawn and garden products, will release its Q3 2025 financial results on Wednesday, July 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. Participants must register in advance through the provided webcast link for the presentation and a separate audio link for the Q&A session.
ScottsMiracle-Gro, with $3.6 billion in sales, operates through well-known brands including Scotts®, Miracle-Gro®, and Ortho®, while its subsidiary Hawthorne Gardening Company focuses on indoor and hydroponic growing materials.
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.