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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 ]
Miracle-Gro, a water-soluble fertilizer, was developed after Horace Hagedorn met nurseryman Otto Stern and learned of Stern's troubles shipping plants in 1944. [1] [2] [3] They hired O. Wesley Davidson, a Rutgers University professor, to develop the fertilizer. [1] In 1950, the company was formed after Hagedorn's wife Peggy named the product.
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]
Scotts Miracle-Gro (NYSE: SMG) Q4 2024 Earnings Call Nov 06, ... This will contribute to the low single-digit growth that Jim mentioned. At Hawthorne, net sales are expected to decline mid-single ...
In particular, Home Depot (NYS: HD) , Lowe's (NYS: LOW) , and Wal-Mart (NYS: WMT) accounted for nearly two-thirds of its revenue in 2010. With the retail market generally slow, it's hard for ...
Horace Hagedorn (1915 – 2005 [1]) was an advertising executive, businessman and philanthropist, who was co-founder of the Miracle-Gro brand, with Otto Stern. He eventually bought out the 50% interest held by Stern.