Jim Hagedorn

The Scotts Miracle-Gro Company (NYSE:SMG) updated and reduced its financial projections on Thursday for fiscal year 2024 based on financial results through the end of May, which reflects the peak of its Q3 lawn and garden season. The Ohio-based gardening giant now expects adjusted EBITDA earnings...

Scotts Miracle-Gro (NYSE:SMG) reported its financial results on Wednesday for its first quarter ended Dec. 30. The report included results of its subsidiary Hawthorne Gardening Company, a provider of nutrients, lighting and other materials used in the indoor and hydroponic growing segment that...

Scotts Miracle-Gro Co. (NYSE: SMG) recently reported its results for the fourth quarter and fiscal year that ended September 30, 2023, including the results of its subsidiary Hawthorne Gardening Company, a provider of nutrients, lighting and other materials used in the indoor and...

The Scotts Miracle-Gro Company (NYSE: SMG) released its results for the third quarter ended July 1, 2023, revealing net sales decreased 6% to $1.12 billion from $1.19 billion in Q3 2022. Hawthorne segment sales decreased 40% to $93.4 million, compared with $154.5 million during the same period last...

The Scotts Miracle-Gro Company (NYSE: SMG) announced that it anticipates achieving a net leverage ratio comfortably below the credit facility covenant of 6.5 times for its fiscal 2023 second quarter. The company expects final Q2 net leverage in the range of 6.0, reflecting the disciplined approach...

The Scotts Miracle-Gro Company (NYSE: SMG) released results for its fiscal first quarter ended December 31, 2022, revealing net sales of $526.6 million, a 7% decrease compared to $566 million in the Q1 2022. Q1 2023 Financial Highlights Gross margin was $95.7 million (18% of sales), a 19%...

The Scotts Miracle-Gro Company (NYSE: SMG) released financial results for the third quarter ended July 2, 2022, revealing that company-wide sales decreased 26 percent year-over-year to $1.19 billion. Q3 2022 Financial Highlights Gross profit was $236.6 million, an unfavorable decrease of 52%...

The Scotts Miracle-Gro Company (NYSE: SMG) appointed Brian Sandoval to its board of directors. Governor Sandoval served two terms as the 29th Governor of the State of Nevada, having held office from 2011 to 2019. He is currently the president of the University of Nevada, Reno, a position he has...

Scotts Miracle-Gro (NYSE: SMG), announced record second-quarter sales in its U.S. consumer segment driven by continued support from its major retail partners. The growth was offset by an expected decline in Hawthorne sales, leading to company-wide sales that were 8 percent lower than the same...

Scotts Miracle-Gro Co. (NYSE: SMG) announced its financial results for fiscal first quarter with company-wide sales in the quarter decreased 24% to $566.0 million, down 24% from $748.6 million a year ago. The company also announced plans to restructure its hydroponic subsidiary Hawthorne...

On Wednesday Scotts Miracle-Gro (NYSE: SMG) released record full-year financial results driven by a company-wide sales increase of 19% to $4.93 billion, compared with $4.13 billion a year earlier and continued growth in all major operating segments. Based in Marysville, Ohio, the company...

ScottsMiracle-Gro Company's (NYSE: SMG) newly created cannabis-focused subsidiary, The Hawthorne Collective, is lending $150 million to RIV Capital (TSX: RIV) (OTC: CNPOF). The move follows the company's recent announcement that it has seen record third-quarter sales, which amounted to...

Scotts Miracle-Gro (NYSE: SMG) reported on Wednesday that company-wide third-quarter sales grew by 8% year-over-year to $1.61 billion, driven mainly by Hawthorne growth of 48%. Hawthorne segment sales amounted to $421.9 million, as the segment “saw growth in every product category and...

Scotts Miracle-Gro (NYSE: SMG) reported Wednesday that company-wide sales grew by 32% year-over-year reaching $1.83 billion in the second quarter. For the first half of fiscal 2021, the company reported sales of $2.58 billion, up by 47% from $1.75 billion in sales posted a year ago....

In this day and age of algorithmic trading, there are many mind-boggling moves in the equities markets. None more so than the rip-your-face-off rally in shares of Scotts Miracle-Gro Co (NYSE: SMG) in Tuesday's session. For a quick recap, the stock opened $2.00 lower, immediately bottomed and...