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Scotts Miracle-Gro (NYSE: SMG) Q4 2024 Earnings Call ... *Stock Advisor returns as of November 4, 2024 ... that The Scotts Miracle-Gro Company is an extremely rare consumer franchise.
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 ]
Source: S&P Capital IQ. Total score = number of passes. With six points, Scotts Miracle-Gro looks pretty healthy. But the company's tepid growth figures continue to pose a threat to its long-term ...
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. [1] [5] Hagedorn's son Jim became CEO and chairman of the merged company. [6] His father retired from Miracle-Gro in 1997. [7]
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According to Forbes, Scotts had invested more than $250 million in the subsidiary by mid 2016. [5] In March 2018, the Hawthorne Gardening Company and The Flowr Corporation (a Canadian Licensed Producer of medical cannabis) announced an R&D partnership, building North America's first dedicated facility for cannabis research and development. [6]
This is a list of companies having stocks that are included in the S&P MidCap 400 stock market index.The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 400 mid-cap, mostly American, companies.
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