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Scotts Miracle Gr Stock Price, News & Analysis

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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.

Scotts Miracle-Gro (SMG) is a leader in lawn care, hydroponic systems, and indoor gardening solutions, serving consumers and commercial growers through its US Consumer, Hawthorne, and International segments. This page provides a comprehensive collection of official press releases, financial updates, and strategic announcements directly from the company.

Investors and industry professionals will find timely updates on quarterly earnings, product innovations, and market expansions, including developments in the Hawthorne segment’s specialized hydroponic equipment. All content is sourced from verified channels to ensure accuracy and relevance for decision-making.

Key news categories include corporate milestones, sustainability initiatives, and partnerships impacting both traditional lawn care and emerging indoor agriculture markets. Bookmark this page to stay informed about SMG’s latest advancements in plant nutrition, smart gardening technologies, and regulatory developments affecting the industry.

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ScottsMiracle-Gro associates are preparing for Pelotonia, a bike ride event in central Ohio to raise funds for cancer research. The company has participated since 2010, raising over $3 million. Riders commit to raising $1,250 or more each, with 100% of funds supporting cancer research at The Ohio State University Comprehensive Cancer Center (OSUCCC).

Key points:

  • Team ScottsMiracle-Gro will ride 20 to 190 miles
  • The event is not a race but a community ride
  • One associate has raised over $50K in 12 years
  • Funds support new studies at OSUCCC, including immunotherapy for breast cancer and targeted therapy for brain tumors
  • The fundraising deadline is in October
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ScottsMiracle-Gro (SMG) is participating in the sixth annual Parks for Pollinators BioBlitz, organized by the National Recreation and Parks Association (NRPA) in partnership with The Scotts Miracle-Gro Foundation. This event encourages participants to photograph plants, insects, and animals in parks and submit them via the iNaturalist app. The initiative helps park agencies better understand and manage local species and habitats.

To further support pollinators, ScottsMiracle-Gro recently opened an apiary on its Marysville campus. Brian Herrington, president of The Scotts Miracle-Gro Foundation, emphasized the importance of community participation in the BioBlitz to positively impact pollinators. ScottsMiracle-Gro, with approximately $3.6 billion in sales, is the world's largest marketer of branded consumer products for lawn and garden care, featuring popular brands like Scotts, Miracle-Gro, and Ortho.

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ScottsMiracle-Gro (SMG) is promoting clover as an eco-friendly alternative to traditional turfgrass. Clover offers several benefits:

  • Natural self-fertilization through nitrogen fixation
  • Drought resistance and low water requirements
  • Quick establishment and low-growing habit
  • Adaptability to various light conditions
  • Attracts pollinators

The company recommends planting clover in late spring to early summer when temperatures are between 60°F and 80°F. This initiative aligns with ScottsMiracle-Gro's position as the world's largest marketer of branded consumer products for lawn and garden care, with approximately $3.6 billion in sales.

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ScottsMiracle-Gro's Fort Madison plant in Iowa has achieved a remarkable safety milestone, recording zero incidents for 365 days. This translates to a Total Recordable Incident Rate (TRIR) of zero for the year 2024, surpassing their annual goal and setting a new plant record. The achievement represents over 704,000 work hours, equivalent to 352 full-time employees working injury-free for a year.

Brett Denney, liquid operations director, attributes this success to risk reduction efforts led by front-line supervisors and line leads. David Swihart, SVP of global supply chain, emphasizes the company's commitment to safety across all facilities and praises the Fort Madison plant for setting an exemplary standard in fostering a strong safety culture.

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ScottsMiracle-Gro (SMG) is promoting the concept of 'sponge cities' as an environmentally friendly approach to urban planning and lawn care. Sponge cities use plants, green spaces, and natural turfgrass to absorb rainfall and heat, addressing climate change effects. The company argues that living plants and turfgrass are superior to hardscapes in managing water resources and reducing urban heat islands.

SMG emphasizes the benefits of turfgrass, including soil improvement and CO2 conversion. They suggest alternatives like clover, buffalograss, and blue grama for low-maintenance, drought-tolerant options. The company, with $3.6 billion in sales, positions itself as a leader in lawn and garden care products, promoting responsible lawn care practices that align with the sponge city concept.

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The press release discusses clover lawns as a popular alternative to traditional grass. Experts highlight clover's benefits, including low maintenance, drought tolerance, and soil enrichment. Jeremy Yamaguchi of Lawn Love notes that clover creates lush green carpets and attracts beneficial insects. Matthew Koch from Scotts emphasizes clover's ability to fix nitrogen, promoting healthier plant growth. The article mentions Scotts Turf Builder Clover Lawn as a low-maintenance option for those interested in clover lawns. The PR also touches on the growing trend of grass alternatives and their advantages in terms of cost, maintenance, and aesthetics.

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Scotts has announced a multi-year partnership with Every Kid Sports, a national nonprofit, to support income-restricted families by funding youth sports registration fees. The initiative aims to provide expanded access to natural green spaces. Scotts will award a grant of at least $150,000 by 2026, funding registration fees for approximately 800 kids in areas including Columbus, Phoenix, and Philadelphia.

To celebrate the partnership, Scotts recently hosted a Soccer Field Day in Columbus, Ohio, featuring athletes from the Columbus Crew. The event helped over 60 kids get active outdoors. This collaboration aligns with Scotts' mission to connect children and families with green spaces for play, learning, and growth.

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ScottsMiracle-Gro encourages fall gardening for its physical and mental benefits. The company recommends planting young plants for faster results and suggests frost-tolerant vegetables like collards, Swiss chard, and curly kale for edible gardens. Miracle-Gro emphasizes the importance of outdoor activity and connecting with nature before winter, highlighting how fall gardening can provide a screen break and yield a late-season harvest of fresh produce. The message aims to inspire gardeners to extend their growing season and maintain their gardening habits into the autumn months.

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ScottsMiracle-Gro (SMG) addresses the trend of hardscaping in drought-prone regions, where traditional lawns are being replaced with patios and walkways. The company highlights potential issues with non-porous materials leading to excessive rainwater runoff and erosion. SMG advocates for a balanced approach to landscape design, recommending xeriscaping or water-positive designs that combine hardscape materials with living plants.

The press release promotes water-wise native plants as an eco-friendly option for reducing water usage and maintenance. SMG also suggests drought-tolerant plants for landscapes and gardens, emphasizing their ability to thrive in high-heat, low-rain conditions. With $3.6 billion in sales, ScottsMiracle-Gro is positioned as the world's largest marketer of branded consumer products for lawn and garden care, featuring popular brands like Scotts, Miracle-Gro, and Ortho.

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Scotts Miracle-Gro (SMG) is adapting to changing perceptions of lawn care by emphasizing responsible and resource-conscious practices. The company aims to provide guidance for maintaining outdoor spaces while being mindful of environmental factors. With approximately $3.6 billion in sales, Scotts Miracle-Gro is the world's largest marketer of branded consumer products for lawn and garden care. Its portfolio includes market-leading brands such as Scotts®, Miracle-Gro®, and Ortho®. The company's subsidiary, The Hawthorne Gardening Company, is a leading provider of materials for indoor and hydroponic growing.

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FAQ

What is the current stock price of Scotts Miracle Gr (SMG)?

The current stock price of Scotts Miracle Gr (SMG) is $53.99 as of May 9, 2025.

What is the market cap of Scotts Miracle Gr (SMG)?

The market cap of Scotts Miracle Gr (SMG) is approximately 3.1B.
Scotts Miracle Gr

NYSE:SMG

SMG Rankings

SMG Stock Data

3.14B
43.84M
24.21%
74.87%
5.72%
Agricultural Inputs
Agricultural Chemicals
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United States
MARYSVILLE