NYSE Content Update: Brazilian Fintech AGI to Open for Trade
The NYSE announced that Brazilian Fintech AGI (NYSE: AGBK) is celebrating its IPO today after raising $240 million, with its Class A shares increasing by 7.64%. Additionally, Scotts Miracle-Gro (NYSE: SMG) is marking its 30th anniversary on the NYSE, with its CFO and Chief Gardening Officer Martha Stewart present. The market is opening higher, with the DOW closing above 50,000 for the third consecutive session, as traders await the delayed January Jobs Report.
Miracle-Gro Expands Indoor And Organic Range As Valuation Near Fair Value
Miracle-Gro, a brand of Scotts Miracle-Gro (NYSE:SMG), has launched a new lineup of indoor soils and plant foods, including its first organic plant food. This expansion aims to capitalize on the growing interest in indoor gardening and wellness, diversifying demand beyond traditional lawn products. While the stock is trading near its estimated fair value, investors should monitor cash generation given the company's debt and dividend coverage.
Should Scotts Miracle-Gro’s (SMG) New Buyback and Product Push After a Quarterly Loss Require Action From Investors?
Scotts Miracle-Gro (SMG) recently reported a Q1 fiscal 2026 net loss of US$125 million on US$354.4 million in sales but reaffirmed full-year guidance. The company announced a multiyear US$500 million share repurchase program and a US$0.66 per share dividend, alongside plans for tuck-in acquisitions and new lawn products. This capital allocation strategy, despite recent losses, suggests management confidence in the company's financial trajectory and balance sheet, but also increases pressure for operational improvements.
Lowey Dannenberg Notifies The Scotts Miracle-Gro Company
Lowey Dannenberg P.C. has filed a class action lawsuit against The Scotts Miracle-Gro Company (NYSE: SMG) on behalf of investors who purchased common stock between November 3, 2021, and August 1, 2023. The lawsuit alleges that Scotts Miracle-Gro misrepresented its inventory levels and pressured retailers to purchase excess product, causing investor losses when the truth was revealed. Investors with losses exceeding $100,000 are encouraged to contact the law firm.
Scotts Miracle-Gro Well Positioned for Long-Term US Gardening Growth
Scotts Miracle-Gro, the leading name in the US consumer lawn and gardening market, is deemed well-positioned for long-term growth. The company sells a wide array of products for lawncare and gardening. This report highlights their market standing despite recent share plunges and increased investment spending.
Scotts Miracle-Gro Company Declares Cash Dividend of $0.66 per Share
The Scotts Miracle-Gro Company announced a cash dividend of $0.66 per share, payable on March 6, 2026, to shareholders of record by February 20, 2026. This move reflects the company's strong financial position, with approximately $3.4 billion in sales from its leading lawn and garden brands. While rewarding shareholders, the dividend's potential negatives include signalling limited reinvestment opportunities.
William Blair affirms buy stance as Scotts Miracle-Gro Co (SMG) touts cannabis opportunity with reclassification
William Blair has reiterated its Buy rating on Scotts Miracle-Gro Co (SMG), seeing potential for significant upside as the company's Hawthorne unit, a hydroponics supplier for the cannabis industry, benefits from potential reclassification of cannabis. The analyst notes that SMG's shares are currently undervalued, trading at a discount to its peer group. The anticipated reclassification of cannabis from Schedule I to Schedule III could open up tax relief under Section 280E for cannabis businesses, enhancing profitability for SMG's clients and, in turn, benefiting Hawthorne.
Scotts Miracle-Gro Company Supports President Trump's Cannabis Rescheduling Executive Order | SMG Stock News
Scotts Miracle-Gro (SMG) has publicly supported President Trump's executive order to reclassify cannabis from Schedule I to Schedule III. This move is seen as vital for legitimizing the cannabis industry, combating illegal markets, and enabling crucial medical research by removing prohibitive tax penalties (280E) that burden legal cannabis businesses. While SMG will maintain its focus on its core lawn and garden business, the change is expected to significantly benefit its subsidiary, Hawthorne Gardening Company, by fostering greater growth opportunities and partnerships within the cannabis sector.
Scotts Miracle-Gro Company Executives to Participate in Fireside Chat at Raymond James 2025 TMT & Consumer Conference | SMG Stock News
Scotts Miracle-Gro Company announced that its president and COO, Nate Baxter, and CFO Mark Scheiwer will participate in a fireside chat at the Raymond James 2025 TMT & Consumer Conference on December 9, 2025, at 2:20 p.m. ET. A live webcast and archived recording will be available for investors. The company, a leading marketer of lawn and garden products with $3.4 billion in sales, also provided caution regarding forward-looking statements and potential risks.
Columbus Crew and ScottsMiracle-Gro expand long-standing partnership, highlighted by stadium naming rights
The Columbus Crew and The ScottsMiracle-Gro Company have announced an expanded partnership, including a multi-year stadium naming rights agreement. Starting in the 2026 season, the Crew's home in downtown Columbus will be known as ScottsMiracle-Gro Field. The partnership, which has existed for over 15 years, also extends the commitment of both organizations to positively impact youth in the region through community-based activities and the "Soccer in Schools" program.
Columbus Crew and Scotts Miracle-Gro Expand Partnership with Stadium Naming Rights Agreement
The Columbus Crew and Scotts Miracle-Gro have expanded their partnership, announcing a multi-year stadium naming rights agreement for ScottsMiracle-Gro Field starting in the 2026 season. This collaboration, which has spanned over 15 years, will also strengthen community initiatives focused on youth soccer and promoting natural green spaces. The deal aims to enhance brand visibility for ScottsMiracle-Gro and support the Crew's continued impact in Central Ohio.
Miracle-Gro class action claims organic soil and fertilizer products contain PFAS forever chemicals
A class action lawsuit has been filed against The Scotts Company LLC, alleging that its Miracle-Gro "organic" soil and fertilizer products contain synthetic "forever chemicals" known as PFAS. Consumers Carrie Calcagno and Praveen Pathangi claim the company falsely advertises these products as organic, leading consumers to believe they are free of harmful synthetic ingredients. The lawsuit seeks damages, restitution, and an injunction for consumers in California who purchased these products, arguing that the presence of PFAS would have influenced their purchasing decisions.
Why Scotts Miracle-Gro's (NYSE:SMG) Earnings Are Better Than They Seem
Scotts Miracle-Gro (NYSE:SMG) recently reported solid earnings, which were positively received by shareholders. The improved profit is particularly notable because last year's statutory profit was reduced by US$84m due to unusual items, which are not expected to recur. This suggests that the company's earnings potential might be even better than it appears.
Affinius Capital provides $76.25 million acquisition financing for purchase of Scotts Midwest Distribution Center in the Columbus, OH
Affinius Capital has provided a $76.25 million loan to Sculptor Real Estate for the acquisition of the Scotts Midwest Distribution Center in Marysville, OH. This Class A, 1.3 million-square-foot facility was built for The Scotts Company in 2023 and serves as its primary distribution hub due to its strategic location and advanced features. The financing underscores Affinius Capital's confidence in the asset and its partnership with Sculptor Real Estate.
NYSE: SMG Lawsuit Against Directors Filed - Investors Who Lost Money With Shares of the Scotts Miracle-Gro Company (NYSE:SMG) Should Contact the Shareholders Foundation
A lawsuit has been filed against certain directors of The Scotts Miracle-Gro Company (NYSE:SMG) by an investor, alleging breaches of fiduciary duties. The Shareholders Foundation is urging investors who purchased SMG shares prior to November 2021 and continue to hold them to contact them for information regarding their options. The lawsuit claims that executives caused the company to "flood its sales networks with inventory" after overcorrecting a previous product shortage, and did not disclose this until significant damage occurred.
The Gross Law Firm Notifies Shareholders of The Scotts Miracle-Gro Company(SMG) of a Class Action Lawsuit and an Upcoming Deadline
The Gross Law Firm has issued a notice to shareholders of The Scotts Miracle-Gro Company (SMG) regarding a class action lawsuit. The lawsuit alleges that Scotts made false statements and concealed an oversupply of inventory, engaging in "channel stuffing" to inflate sales figures. Shareholders who purchased SMG shares between November 3, 2021, and August 1, 2023, are encouraged to contact the firm, with the deadline to seek lead plaintiff appointment set for August 5, 2024.
Lawsuit Targets Scotts Miracle-Gro for Claiming PFAS-Tainted Products Are “Eco-Friendly" and "Sustainable"
Beyond Pesticides has filed two lawsuits against Scotts Miracle-Gro Company and GreenTechnologies, LLC, alleging deceptive marketing practices. The lawsuits claim that these companies label their fertilizer products as "eco-friendly" and "sustainable" despite containing PFAS, known as "forever chemicals" with hazardous health and environmental impacts. Beyond Pesticides seeks injunctive relief to stop these misleading claims and promote genuinely healthful and protective products.
Bronstein, Gewirtz and Grossman, LLC sends a Class Action Lawsuit reminder to shareholder investors for Scotts Miracle-Gro Company to Join the Class Action Lawsuit!
Bronstein, Gewirtz & Grossman, LLC has issued a reminder to investors about a class action lawsuit filed against Scotts Miracle-Gro Company (NYSE: SMG). The lawsuit alleges that Scotts Miracle-Gro and its officers made materially false and misleading statements regarding the Company's inventory levels, debt covenant compliance, and financial performance between November 3, 2021, and August 1, 2023. Investors who purchased Scotts Miracle-Gro securities during this "Class Period" are encouraged to join the class action to recover damages.
Slowing Rates Of Return At Scotts Miracle-Gro (NYSE:SMG) Leave Little Room For Excitement
This article analyzes Scotts Miracle-Gro's (NYSE:SMG) stagnant Return on Capital Employed (ROCE) over the last five years, indicating a lack of reinvestment and growth. Despite a satisfactory current ROCE of 16% compared to the industry average, the consistent returns and capital employed suggest the company may be past its growth phase. This trend, coupled with a 50% stock price drop in the same period, leads to the conclusion that SMG is unlikely to be a multi-bagger stock.
Scotts Miracle-Gro Earnings: Stock Tanks Despite Solid Results
Despite a negative market reaction to Scotts Miracle-Gro's fiscal third-quarter earnings, Morningstar maintains its $90 fair value estimate, believing the stock is undervalued. The company's results indicate progress towards long-term sales growth and gross margin recovery, supported by R&D investments and a strong link to US housing growth.
Scotts Miracle-Gro Well-Positioned for Long-Term US Gardening Growth
Scotts Miracle-Gro, the leading name in the US consumer lawn and gardening market, is well-positioned for long-term growth. The company sells a wide range of products for lawncare and gardening. This report highlights their market position and business strategy.
Scotts Miracle-Gro Q3 2025 slides: margin expansion offsets slight sales dip - Investing.com Canada
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Scotts Miracle-Gro Q3 2025 slides: margin expansion offsets slight sales dip - Investing.com Australia
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Scotts Miracle-Gro Q3 2025 slides: margin expansion offsets slight sales dip By Investing.com - Investing.com South Africa
Scotts Miracle-Gro (NYSE: SMG) released an investor presentation for its third quarter of fiscal year 2025, highlighting that margin expansion is expected to offset a slight sales decline. The company projects an adjusted gross margin between 30% to 31% for fiscal year 2025, demonstrating an improvement despite challenging market conditions. This presentation indicates Scotts Miracle-Gro's focus on profitability during a period of modest revenue changes.
Earnings call transcript: Scotts Miracle-Gro Q3 2025 shows steady growth - Investing.com Canada
This article is an earnings call transcript for Scotts Miracle-Gro's Q3 2025, indicating steady growth. However, due to a client-side application error, the full content of the transcript is not displayed. The only accessible information is the title and a flash sale promotion for InvestingPro.
Earnings call transcript: Scotts Miracle-Gro Q3 2025 shows steady growth - Investing.com India
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Stephens Consulting LLC Purchases 5,208 Shares of The Scotts Miracle-Gro Company $SMG
Stephens Consulting LLC significantly increased its stake in The Scotts Miracle-Gro Company by purchasing an additional 5,208 shares, raising its total to 5,242 shares valued at $346,000. Other institutional investors also adjusted their holdings in SMG. The article details the company's recent stock performance, earnings, and dividend announcement, alongside analyst ratings and a recent insider stock sale.
The Scotts Miracle-Gro Company $SMG Shares Sold by DAVENPORT & Co LLC - MarketBeat
DAVENPORT & Co LLC significantly reduced its stake in The Scotts Miracle-Gro Company (NYSE:SMG) by 64.4% in the second quarter, now owning 9,616 shares. Despite this, Scotts Miracle-Gro declared a quarterly dividend of $0.66 per share, yielding 4.8% annually, and maintains a "Moderate Buy" rating from analysts with a consensus target price of $69.17. The article also details other institutional investor activity and key financial performance metrics for SMG.
ScottsMiracle-Gro’s 2025 Corporate Responsibility Report Highlights Gains In Packaging, Waste and Water Conservation
ScottsMiracle-Gro's 2025 Corporate Responsibility Report details significant progress in sustainability efforts. The company achieved gains in packaging by reducing virgin plastic and making packaging 100% recyclable for one brand, waste reduction by diverting coir waste, and water conservation by cutting greenhouse irrigation water use by over 50%. ScottsMiracle-Gro also expanded its organic product lines and supported community education programs promoting water quality and land conservation.
Slowing Rates Of Return At Scotts Miracle-Gro (NYSE:SMG) Leave Little Room For Excitement
Scotts Miracle-Gro (NYSE:SMG) shows a stable but not increasing Return on Capital Employed (ROCE) of 19%, which is satisfactory in absolute terms and better than the Chemicals industry average. However, the company is not actively reinvesting its earnings, having likely passed its growth phase. This lack of re-investment and stable ROCE, combined with a 52% stock decline over five years, suggests it may not be a "multi-bagger" stock, and it dedicates 48% of its income to dividends.
Top Stocks That Had Their IPO in 1992
This article examines the performance of top companies that went public in 1992, highlighting how many have delivered substantial returns despite the economy emerging from a recession at the time. It showcases success stories like Starbucks, Gilead Sciences, and Synopsys, attributing their long-term gains to scalable business models and alignment with secular growth trends. The piece concludes by emphasizing that the most successful IPOs are those driven by enduring demand and market scalability.
Is the Trump Administration Considering Softening Laws on Cannabis?
President Donald Trump is reportedly considering reclassifying cannabis as a less dangerous drug, potentially fulfilling a campaign promise. This move would shift marijuana from a Schedule I to a Schedule III drug, reducing penalties and offering tax breaks to cannabis companies. While Trump has shown inconsistent stances on cannabis in the past, his current consideration aligns with broad public support for legalization.
Cannabis legalization "won't happen" under Trump, says insider
A former Trump administration insider, Sean Spicer, stated that cannabis legalization "won't happen" under Trump, despite claims from Scott's Miracle Gro CEO James Hagedorn that Trump would reschedule cannabis. This stance contradicts other industry insiders like Weldon Angelos, who believe Trump will reclassify the plant given his previous actions and donations from multi-state cannabis operators to his PAC. The article highlights the conflicting opinions within the cannabis community and among those close to Trump regarding the future of federal cannabis reform.
Scotts Miracle-Gro Announces Board of Directors Changes, Welcoming Retired General Scott Miller | SMG Stock News
The Scotts Miracle-Gro Company announced the retirement of Lt. General John R. Vines from its Board of Directors after over 12 years, though he will remain in an advisory capacity. Retired U.S. Army General Scott Miller has been appointed as his replacement, bringing extensive military leadership and business consulting experience to the Board. This appointment is part of the company's strategic focus since 2022 to enhance the Board's skills and perspectives for future growth in consumer goods.
Scotts Miracle-Gro: Undervalued by 36%, This High-Yield Stock Is a Buy
Scotts Miracle-Gro (SMG) is considered a buy despite being significantly undervalued by 36% and trading 75% below its all-time high, offering a 4.6% dividend yield. The company, a narrow-moat firm, is expected to see profit growth in fiscal 2025 and 2026 due to cost reductions and long-term volume growth tied to US housing. Its substantial market share in consumer lawn and gardening, along with potential growth from the cannabis industry through its Hawthorne segment, contribute to its positive outlook despite risks like customer concentration and cannabis legalization uncertainty.
The Scotts Miracle-Gro Company to Present at Raymond James & Associates’ 46th Annual Institutional Investors Conference
The Scotts Miracle-Gro Company will present at the Raymond James & Associates’ 46th Annual Institutional Investors Conference on March 4, 2025. Nate Baxter, president and COO, and Mark Scheiwer, interim CFO, will highlight company performance and participate in a fireside chat, with a live webcast available for investors. The company, known for brands like Scotts, Miracle-Gro, and Ortho, has approximately $3.6 billion in sales and also operates The Hawthorne Gardening Company.
DEADLINE is August 5, 2024 to Lead in Securities Fraud Lawsuit against Scotts Miracle-Gro Company (SMG) Contact Kaplan Fox & Kilsheimer LLP
Kaplan Fox & Kilsheimer LLP reminds investors that a securities fraud lawsuit has been filed against The Scotts Miracle-Gro Company (SMG). The complaint alleges that Scotts made materially false and misleading statements regarding inventory levels, leading to significant stock price drops following negative announcements in June 2022 and August 2023. Investors who purchased SMG stock between November 3, 2021, and August 1, 2023, and suffered losses are encouraged to contact Kaplan Fox by August 5, 2024, to learn about serving as a lead plaintiff.
IMMINENT SMG DEADLINE to Join the Class Action Lawsuit for Scotts Miracle-Gro Company: Bronstein, Gewirtz and Grossman, LLC Reminds Investors of Last Few Hours!
Bronstein, Gewirtz & Grossman, LLC reminds investors of an imminent deadline to join a class action lawsuit against Scotts Miracle-Gro Company (NYSE: SMG). The lawsuit alleges the company made materially false and misleading statements regarding inventory levels, debt covenant compliance, and financial performance between November 3, 2021, and August 1, 2023. Investors who suffered losses have until August 5, 2024, to request lead plaintiff status.
The Scotts Miracle-Gro Company Sued for Securities Law
Levi & Korsinsky, LLP has filed a class action securities lawsuit against The Scotts Miracle-Gro Company (NYSE: SMG). The lawsuit alleges securities fraud between November 3, 2021, and August 1, 2023, claiming Scotts concealed an oversupply of inventory and pressured retailers to purchase excess product. Investors affected by these alleged actions have until August 5, 2024, to request to be appointed lead plaintiff.
Nationally Ranked Investors’ Rights Firm Bronstein, Gewirtz and Grossman, LLC Reminds Shareholders with Losses on their Investment in Scotts Miracle-Gro Company of Class Action Lawsuit and Upcoming Deadlines- SMG
Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against Scotts Miracle-Gro Company (The) (NYSE:SMG) and its officers. The lawsuit alleges that Scotts Miracle-Gro made false and misleading statements regarding inventory levels, debt covenant compliance, and financial performance between November 3, 2021, and August 1, 2023, causing investors to suffer damages. Shareholders who experienced losses have until August 5, 2024, to request to be appointed as lead plaintiff.
Lowey Dannenberg Notifies The Scotts Miracle-Gro Company
Lowey Dannenberg P.C. has filed a class action lawsuit against The Scotts Miracle-Gro Company (NYSE: SMG) on behalf of investors who purchased common stock between November 3, 2021, and August 1, 2023. The lawsuit alleges that Scotts Miracle-Gro made false and misleading statements regarding inventory oversupply and pressured retailers to purchase excessive product. Investors with losses exceeding $100,000 are encouraged to contact the firm by August 5, 2024.
SMG INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP
Robbins Geller Rudman & Dowd LLP has announced a class action lawsuit against The Scotts Miracle-Gro Company (NYSE: SMG), inviting investors who incurred substantial losses between November 3, 2021, and August 1, 2023, to seek appointment as lead plaintiff. The lawsuit alleges that Scotts Miracle-Gro made false statements regarding inventory oversupply and pressured retailers to purchase excess product, which led to significant stock price drops following subsequent disclosures of financial distress. Investors have until August 5, 2024, to file motions for lead plaintiff.
Barclays Maintains Scotts Miracle-Gro Company - (SMG) Equal-Weight Recommendation
Barclays has maintained an Equal-Weight recommendation for Scotts Miracle-Gro Company (NYSE:SMG), with an average one-year price target indicating a 23.26% upside from its latest closing price. The company declared a quarterly dividend of $0.66 per share, resulting in a 4.80% dividend yield which is significantly above its historical average. Institutional ownership decreased, and the put/call ratio suggests a bearish outlook.
Miracle-Gro Facing Class Action Over Alleged Spam Text Message Ads
Miracle-Gro, operating as The Scotts Company LLC, is facing a proposed class action lawsuit for allegedly sending unsolicited telemarketing text messages to consumers without their consent. The lawsuit claims violations of the Telephone Consumer Protection Act and Florida Telephone Solicitation Act, citing the company's failure to provide opt-out instructions and its use of automated technology without prior written consent. The case seeks to represent various classes of individuals who received these unconsented messages.
New York’s Women-Led Etain Health Acquired by RIV Capital for $247 Million
RIV Capital is acquiring Etain Health, a women-led cannabis company in New York, for $247 million, pending regulatory approvals. This deal, described as one of the most significant for a women-owned business in cannabis history, will integrate Etain's leadership into RIV Capital and expand operations in New York with new dispensaries and a cultivation facility. The acquisition strategically positions The Hawthorne Collective and ScottsMiracle-Gro in the evolving cannabis market.
RIV Capital to Buy New York Cannabis Company Etain for $257 Million
RIV Capital announced a definitive agreement to acquire Etain LLC and Etain IP LLC, a New York cannabis company, for approximately US$247 million. This acquisition marks RIV Capital's entry into the U.S. cannabis market as an operator and includes one of only 10 vertically integrated licenses in New York. Mark Sims has been named the new President and CEO of RIV Capital to lead this expansion, with additional financing support from The Hawthorne Collective.
CF Industries Holdings Inc. stock falls Monday, underperforms market
CF Industries Holdings Inc. (CF) stock decreased by 2.42% to $67.47 on Monday, underperforming a broadly negative market where the S&P 500 and Dow Jones also fell. This marks the stock's second consecutive day of losses and places it $7.30 short of its 52-week high. The company's performance was mixed compared to competitors, with Yara International ASA ADR (YARIY) and Sociedad Quimica y Minera De Chile S.A. ADR (SQM) also falling, while Scotts Miracle-Gro Co. (SMG) gained.
Hawthorne announces patents for innovative design and performance of Gavita CT 1930e LED light
The Hawthorne Gardening Company has secured multiple patents for the innovative design and functionality of its Gavita CT 1930e LED light. This product offers state-of-the-art technology, provides energy efficiency, and serves as a direct 1:1 replacement for HPS fixtures, significantly benefiting growers. The patents highlight Hawthorne's commitment to R&D and advanced solutions for the growing industry, making the Gavita CT 1930e one of its most successful product launches.
Inflation is ‘bad for America,’ says Scotts Miracle-Gro CEO
Scotts Miracle-Gro CEO Jim Hagedorn voiced strong frustration over inflation, calling it "bad for America" and highlighting that some commodity pricing is "irresponsible" as companies raise prices simply "because they can." The company's shares dropped to a nine-month low despite beating earnings expectations, as inflationary pressures are expected to negatively impact future profits. Hagedorn warned that these cost pressures, which feel "unrelenting," are detrimental not only to profit margins but also to the broader economy.
The road to here, the path to now: How intuition led Regan Walsh to helping people
Regan Walsh, a Columbus life and business coach, shares her journey of how intuition guided her career path to helping individuals, primarily women, achieve balance in their lives. She discusses common challenges women face, such as perfectionism and the "disease to please," and offers strategies for personal disruption and career advancement. Walsh's unique approach emphasizes trusting one's gut and advocating for oneself to achieve personal and professional fulfillment.
