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.
The Scotts Miracle-Gro Company (NYSE: SMG) announced a cash dividend of $0.66 per share, payable on June 9, 2023. Shareholders of record as of May 26, 2023 will be eligible for this dividend. Scotts Miracle-Gro, a leader in branded consumer lawn and garden products, reported approximately $3.9 billion in sales, with notable brands like Scotts®, Miracle-Gro®, and Ortho®. The company also focuses on indoor gardening through its subsidiary, The Hawthorne Gardening Company, providing essential products for hydroponic growing.
The Scotts Miracle-Gro Company (NYSE: SMG) will announce its second quarter financial results on May 3, 2023, before U.S. markets open. Following the release, a conference call will occur at 9:00 a.m. ET to discuss the results. Participants can register in advance to obtain dial-in details, or join via the live webcast available on the Company's investor relations website. With approximately $3.9 billion in sales, Scotts Miracle-Gro is the leading marketer of consumer lawn and garden products, featuring well-known brands such as Scotts®, Miracle-Gro®, and Ortho®. The Hawthorne Gardening Company, a subsidiary, specializes in indoor and hydroponic growing materials. For more information, visit scottsmiraclegro.com.
The Scotts Miracle-Gro Company (NYSE: SMG) announced an anticipated net leverage ratio of 6.0 for its fiscal 2023 second quarter, below the covenant limit of 6.5. This improvement is attributed to rigorous cost control and enhanced efficiencies as the company engages consumers in the lawn and garden season. The full Q2 financial results will be unveiled on May 3, 2023. CEO Jim Hagedorn expressed pride in the company's progress despite previous challenges. Additionally, Nate Baxter is set to join as executive vice president of technology & operations on April 28, bringing extensive management experience from TEL U.S. and Intel. Baxter’s addition reflects Scotts Miracle-Gro's commitment to strengthening its leadership team for strategic advancements in operations and product development.
The Scotts Miracle-Gro Foundation and KidsGardening have awarded the 2023 GroMoreGood Grassroots Grant to 160 programs aimed at enhancing youth gardening across the U.S. This initiative will connect over 27,000 youth with gardening opportunities, promoting sustainability and community impact. The awarded grants, selected based on criteria such as youth engagement, also include additional funding for 15 programs in specialty categories. The grants will significantly expand green spaces and educational opportunities for children in gardens nationwide. The awards will be distributed by the end of March 2023.
Scotts Miracle-Gro Company (NYSE: SMG) will participate in a fireside chat at the UBS 12th Annual Global Consumer and Retail Conference on March 16, 2023, in New York City. CFO Matt Garth will join Peter Grom from UBS for a moderated Q&A session at approximately 10 a.m. ET. The chat will be accessible via a live webcast on the company's investor relations site, with an archive available for 12 months. Scotts Miracle-Gro, with around $3.9 billion in sales, specializes in branded consumer lawn and garden products and operates notable brands like Scotts®, Miracle-Gro®, and Ortho®.
The Scotts Miracle-Gro Company (NYSE: SMG) will present at the Raymond James & Associates 44th Annual Institutional Investors Conference on March 6, 2023, at 9:15 a.m. ET in Orlando, Florida. CFO Matt Garth will outline current business strategies. Investors can access a live webcast of the presentation on the Company's investor relations site, with an archive available for 12 months. Scotts Miracle-Gro is a leader in branded consumer lawn and garden products, boasting approximately $3.9 billion in sales. Its well-known brands include Scotts®, Miracle-Gro®, and Ortho®.
The Scotts Miracle-Gro Company (NYSE: SMG), a leading marketer of consumer lawn and garden products, will participate in a fireside chat on February 15, 2023, from 3 p.m. to 4 p.m. EST. CFO Matt Garth and Chris Hagedorn, President of Hawthorne Gardening Company, will represent the company in this virtual event hosted by Wells Fargo analyst Chris Carey. The session will include an opening statement followed by a Q&A segment. Interested parties can access the live webcast and an archived version for up to 12 months on the company's investor website.
ScottsMiracle-Gro generated approximately $3.9 billion in sales, making it a market leader in its sector.