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The Scotts Miracle-Gro Company is an American multinational corporation headquartered in Marysville, Ohio, where O.M. Scott began selling lawn seed in 1868. [2] The company manufactures and sells consumer lawn, garden and pest control products, as well as soilless indoor gardening equipment. [ 3 ]
In 1995, the company merged with Scotts for $200 million in stock, creating the world's largest maker of lawn and garden products, and making Hagedorn the majority investor with 42% of the company and 3 of 11 board seats. [1] [5] Hagedorn's son Jim became CEO and chairman of the merged company. [6] His father retired from Miracle-Gro in 1997. [7]
Hawthorne Gardening Company, formed in October 2014, [1] is The Scotts Miracle-Gro Company ' s subsidiary for cannabis growers and one of the first major investments by a major United States corporation in the cannabis industry. [2]
Shares of the lawn care specialist got a boost after a better-than-expected earnings report.
Scotts Miracle-Gro (NYSE: SMG) Q3 2024 Earnings Call Jul 31, 2024, 9:00 a.m. ET. Contents: Prepared Remarks. ... We do the advertising, point people to their doors, run joint promotions, and have ...
The next selection for the Inflation-Protected Income Growth portfolio is yard titan Scotts Miracle-Gro . Perhaps best-known as the official lawn-care company of Major League Baseball, Scotts ...