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Stock impact report

UBS Revises Scotts Miracle-Gro (SMG) Outlook as Consumer Staples Pressures Persist [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
On January 14, UBS nudged its price target on The Scotts Miracle-Gro Company (NYSE:SMG) up to $66 from $61 and left its rating at Neutral. The firm said the consumer staples space is still dealing with a tough backdrop, but there are signs that fundamentals could start to look better in 2026. Scotts Miracle-Gro is best known for its lawn care products and, unlike many staple companies, it sells straight to individual consumers rather than large food or agricultural businesses. That position worked in its favor early in the pandemic, when demand for at-home projects surged. The period that followed has been more difficult. The company's Hawthorne unit, which is tied to the cannabis market, has been a drag as the broader cannabis sector cooled off. In response, management has been reshaping the business. A restructuring effort helped streamline operations and cut back lower-margin product lines, allowing the company to return to growth in 2024 with noticeably stronger margins. The Show less Read more
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