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.
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