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 (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.
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.
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.
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.
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.
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.
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.
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.
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.
The Scotts Miracle-Gro Foundation and Doodles and Digits have partnered to bring the acclaimed 'How It's Math' program to Public Television, set to premiere in April 2024 for Mathematical Awareness Month. The show aims to explore mathematics in various careers and industries, with a special collaboration featuring ScottsMiracle-Gro's use of math in creating lawn and garden products.
This partnership expands the reach of Doodles and Digits' educational content, inspiring young learners to explore mathematics and the natural world. The television debut will be complemented by behind-the-scenes looks at ScottsMiracle-Gro's STEM work, showcasing the practical applications of math in industry.