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 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.
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.
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.