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Stock impact report

Scotts Miracle-Gro Could Turn Over a New Leaf with Urban Gardening Supplies [The Motley Fool]

Scotts Miracle-Gro Company (The) (SMG) 
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am Check Earnings Report
Company Research Source: The Motley Fool
The Scotts Miracle-Gro Company ( NYSE:SMG Hawthorne sprouts green, growing midwinter profits Companies specializing in lawn care and home agriculture products, like Scotts Miracle-Gro, usually experience low winter sales volume. This year, however, things look different for Scott. Despite a predictable seasonal dip in its performance, indoor gardening sales for the Hawthorne brand are growing with the speed of kudzu, even with snow, ice, and chilly temperatures still reigning over much of America. Scotts launched its subsidiary Hawthorne Gardening Company in 0 specifically to sell supplies to cannabis growers. By mid 06, Scotts had the brand fully up and running, with over a quarter-billion dollars invested in it and several hundred million more slated to expand it. Perhaps its most significant add-on to Hawthorne to date, though, came with the $0 million 08 acquisition of hydroponics giant Sunlight Supply. Image source: Scotts Miracle-Gro Energized by the new products and large dist Show less Read more
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