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Stock impact report

ScottsMiracle-Gro Reports First Quarter Results and Advancement of Key Strategic Initiatives [Yahoo! Finance]

Scotts Miracle-Gro Company (The) (SMG) 
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
MARYSVILLE, Ohio, Jan. 28, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the leading marketer of branded consumer lawn and garden products in North America, today reported results for the first quarter ended December 27, 2025. The Company also announced that it is in advanced discussions for the sale of its Hawthorne subsidiary to Vireo Growth, Inc., with an anticipated closing in the fiscal second quarter. In conjunction with the pending divestiture, effective in its first quarter of fiscal 2026, the Company classified its results of operations for all periods presented to reflect the Hawthorne business as a discontinued operation. The Company is reaffirming its fiscal 2026 guidance, as the classification of the Hawthorne business as a discontinued operation does not impact the full-year outlook. Additionally, the Board of Directors approved a share repurchase program authorizing the repurchase of up to $500 million of ScottsMiracle-Gro common stock. The s Show less Read more
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