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Miracle-Gro was first created in 1951, and the company that owned the product line merged with Scotts in 1995, according to Scotts. In 2005, the company changed its name to The Scotts Miracle-Gro ...
The Scotts Miracle-Gro Company is an American multinational corporation headquartered in Marysville, Ohio, where O.M. Scott began selling lawn seed in 1868. [2] The company manufactures and sells consumer lawn, garden and pest control products, as well as soilless indoor gardening equipment. [ 3 ]
Scotts Miracle-Gro (NYSE: SMG) Q1 2025 Earnings Call Jan 29, 2025, 9:00 a.m. ET. ... Scotts is an iconic American company with a rich history of market-leading brands spanning nearly 160 years. We ...
In 1963, he became the company's first full-time salesman. [2] He bought out Stern in the 1980s. [citation needed] In 1995, the company merged with Scotts for $200 million in stock, creating the world's largest maker of lawn and garden products, and making Hagedorn the majority investor with 42% of the company and 3 of 11 board seats.
Shares of the lawn care specialist got a boost after a better-than-expected earnings report.
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Hawthorne Gardening Company, formed in October 2014, [1] is The Scotts Miracle-Gro Company ' s subsidiary for cannabis growers and one of the first major investments by a major United States corporation in the cannabis industry.
Scotts Miracle-Gro (NYS: SMG) carries $625.3 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
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