Why Scotts Miracle-Gro Fell 13.6% in February [The Motley Fool]
Scotts Miracle-Gro Company (The) (SMG)
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am
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Source: The Motley Fool
What happened Shares in lawn, garden care, and hydroponics products company Scotts Miracle-Gro ( NYSE:SMG Global Market Intelligence 6% rise in January, Image source: Getty Images. The stock's wild swings are being driven by a couple of factors. On the positive side, the company's first-quarter earnings -- released toward the end of January -- were well received by the market. Its overall sales were up a whopping % on the back of a % increase in sales from its Hawthorne Gardening Company segment. For reference, Hawthorne is a provider of nutrients, lighting and other products used in indoor gardening and hydroponics -- making it a cannabis stock "The engine of Hawthorne business is the United States' hydroponics and indoor growing businesses, which was up 66%," said CEO James Hagedorn when discussing the company's growth in the first quarter. On the negative side, the share price plunge at the end of February closely tracked the broader market's swoon as it became clearer that the CO
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News
- Scotts Miracle-Gro (SMG) Q2 Earnings & Sales Top Estimates [Yahoo! Finance]Yahoo! Finance
- Global $90 Billion Floriculture Market Overview, 2024-2029: Rise in Demand for Sustainable and Eco-friendly Products, Expansion of Online and Direct-to-Consumer Sales Channels [Yahoo! Finance]Yahoo! Finance
- The Scotts Miracle-Gro Company (NYSE: SMG) had its price target lowered by analysts at Wells Fargo & Company from $85.00 to $83.00. They now have an "overweight" rating on the stock.MarketBeat
- Scotts Miracle-Gro Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Scotts Miracle-Gro (SMG) Q2 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
SMG
Earnings
- 5/1/24 - Beat
SMG
Sec Filings
- 5/1/24 - Form 8-K
- 4/30/24 - Form 4
- 4/29/24 - Form 4
- SMG's page on the SEC website