ScottsMiracle-Gro

SMG

Market cap $3.61B

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Scotts Miracle-Gro remains a 'buy' as operational turnaround and balance sheet improvements drive resilience amid macro uncertainty. SMG's quasi-discretionary lawn and garden demand is expected to withstand higher oil prices, with minimal trade-down risk due to its higher-income customer base. Retailer inventory management is pushing revenue into Q2, exaggerating seasonality but not impacting full-year expectations or guidance.

MARYSVILLE, Ohio, April 09, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the leading marketer of branded consumer lawn and garden products in North America, today announced that it has completed the sale of its subsidiary The Hawthorne Gardening Company to Vireo Growth, Inc. Hawthorne was acquired by Vireo Growth (CSE: VREO; OTCQX: VREOF) in exchange for Vireo shares that are being held by an independent strategic partner and will be reported in the Company's financial statements among its other investments. The Company also reaffirmed its fiscal 2026 guidance, as the divestiture does not impact the full-year outlook.

MARYSVILLE, Ohio, April 02, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the leading marketer of branded consumer lawn and garden products in North America, announced that it is reaffirming its fiscal 2026 guidance as it does not expect the significant global commodity impacts from the Iran War to affect its full-year outlook.

Scotts Miracle-Gro's stock gets a downgrade from J.P. Morgan, citing the impact of rising raw materials costs on future profits.

The cannabis industry has been growing at a fast pace, and the world is taking notice. In just the US alone, the boom of the legal cannabis business has exploded. Everything from over-the-counter CBD products to THC at your local dispensary. Between the recreational and medical markets, the amount of revenue generated is in the billions. This has sparked the interest of many individuals seeking the best investment opportunities.

The Agriculture - Operations industry faces cost pressures and volatility, squeezing margins. Yet innovation and emerging market demand support growth.

SMG teams up with Bonnie Plants and Gardenuity to launch a beginner-friendly patio garden kit, tapping rising interest in homegrown food and sustainability.

The momentum is building once again for marijuana stocks. Since the passing of rescheduling cannabis to class 3, investors are staying sharp. Even though this does not legalize cannabis federally, it brings more relaxed investing without stressing federal issues. The cannabis industry has been undergoing another shift due to this. At the same time, this has led more people to find the best marijuana stocks to buy and hold till the market is up.

The U.S. cannabis industry continues expanding despite periods of volatility across the sector. However, ancillary cannabis companies remain essential to the industry's infrastructure. These businesses supply equipment, nutrients, lighting, and hydroponic systems to cannabis cultivators. Because they do not touch the cannabis plant directly, ancillary companies often face fewer regulatory restrictions.