ScottsMiracle-Gro Completes Divestiture of Hawthorne Subsidiary
Scotts Miracle-Gro Company (The) (SMG)
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am
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Source: GlobeNewswire
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. “The divestiture of Hawthorne demonstrates further progress toward our strategy to drive long-term growth in our core lawn and garden business,” said Jim Hagedorn, chairman and CEO. “We are focused on making sustained investments to deliver operational efficiencies and groundbreaking innovation while engaging consumers in powerful ways. Additi
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News
- Did The Scotts Miracle-Gro Company Insiders Breach their Fiduciary Duties to Shareholders?PR Newswire
- Vireo Growth Inc. Announces Acquisition of The Hawthorne Gardening Company from The Scotts Miracle-Gro Company [Yahoo! Finance]Yahoo! Finance
- Scotts Miracle-Gro (SMG) had its price target lowered by Wells Fargo & Company from $75.00 to $72.00. They now have an "overweight" rating on the stock.MarketBeat
- ScottsMiracle-Gro Reaffirms Fiscal 2026 Guidance; Margin Recovery and Growth Plans Remain on TrackGlobeNewswire
- JPMorgan Downgrades to Neutral from Overweight on The Scotts Miracle-Gro Company (SMG) [Yahoo! Finance]Yahoo! Finance
SMG
Earnings
- 1/28/26 - Beat
SMG
Sec Filings
- 4/9/26 - Form 8-K
- 4/3/26 - Form 4/A
- 4/3/26 - Form 4
- SMG's page on the SEC website