I am upgrading SMG to a 'buy' as its turnaround gains momentum, with improving margins, healthy retail inventories, and market share gains. Core lawn and garden business shows resilience, with positive consumer sales, effective marketing, and e-commerce growth offsetting Hawthorne's weakness. Debt reduction and margin expansion are on track, supporting a secure 4.25% dividend and potential for ...
The U.S. cannabis industry remains a powerful economic force, generating over $30 billion in annual sales in 2024. Industry analysts project sales could exceed $50 billion by 2030, driven by expanding legalization and rising consumer demand. Recently, headlines have focused on federal reform momentum after bipartisan discussions in Congress. These talks aim to improve banking access for cannabi...
As marijuana stocks are stuck at bottom prices, what are shareholders to do? For new investors intrigued by legal cannabis, how should they proceed? All valid and good questions, it is not so much that all is a loss, it's more so the strategy. Right now, the game is the long game, especially with the continuation of this volatile downtrend. Even with top companies looking attractive to people a...
Retired Lt. General John R. Vines retires from Board; former General Scott Miller named to open seat Retired Lt. General John R. Vines retires from Board; former General Scott Miller named to open seat
The Scotts Miracle-Gro Company (NYSE:SMG ) Q3 2025 Earnings Conference Call July 30, 2025 9:00 AM ET Company Participants Brad Chelton - Corporate Participant James S. Hagedorn - CEO & Chairman of the Board John Sass - Corporate Participant Mark J.
MARYSVILLE, Ohio, July 30, 2025 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden products as well as a leader in indoor and hydroponic growing products, today announced its results for the third quarter ended June 28, 2025.
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