Scotts Miracle-Gro Company (The) Common Stock (SMG)
Frequently Asked Questions About Scotts Miracle-Gro Company (The) Common Stock (SMG)
Has Scotts Miracle-Gro made any recent acquisitions?
Yes, Scotts Miracle-Gro has been active in making acquisitions to bolster its product portfolio and market reach. Recent acquisitions have included companies that produce complementary garden products and technologies, helping Scotts to enhance its innovation capabilities and respond more effectively to consumer demands in the evolving gardening market.
How does Scotts Miracle-Gro approach sustainability?
Scotts Miracle-Gro is committed to sustainability through various initiatives aimed at reducing its environmental impact. The company focuses on responsible sourcing of materials, reducing packaging waste, and promoting water conservation practices among its consumers. Additionally, it invests in research to develop eco-friendly products that benefit gardeners while preserving the environment.
How does Scotts Miracle-Gro contribute to environmental conservation?
Scotts Miracle-Gro contributes to environmental conservation through its sustainable product offerings, eco-friendly practices, and active involvement in community gardening initiatives. The company aims to educate consumers about responsible gardening, including water conservation and safe pest management. Additionally, it invests in research to produce products that minimize environmental impacts while maintaining gardening quality.
How does Scotts Miracle-Gro handle product safety?
Scotts Miracle-Gro prioritizes product safety by adhering to strict regulatory guidelines and conducting thorough safety testing. The company works closely with regulatory agencies to ensure that all products comply with safety standards and provides clear labeling and usage instructions for consumers to minimize risks and ensure effective product application.
How has Scotts Miracle-Gro grown over the years?
Scotts Miracle-Gro has experienced significant growth through strategic acquisitions, product innovation, and market expansion. The company has acquired several complementary brands, broadening its product range and reach. Additionally, its focus on marketing and consumer engagement has allowed it to establish a strong presence in both domestic and international markets.
Is Scotts Miracle-Gro a publicly traded company?
Yes, Scotts Miracle-Gro is a publicly traded company. It is listed on the New York Stock Exchange under the ticker symbol SMG. As a public company, it is subject to various regulatory requirements, providing transparency to shareholders and the public regarding its financial performance and business operations.
What are some of the key products offered by Scotts Miracle-Gro?
Scotts Miracle-Gro offers a wide array of products aimed at enhancing gardening and lawn care experiences. Key products include fertilizers like Miracle-Gro Water Soluble All Purpose Plant Food, pest control items like Ortho Insect Killer, and soil products including Miracle-Gro Potting Mix. The company continues to innovate and expand its product lineup to meet the evolving needs of both amateur and professional gardeners.
What brands are under the Scotts Miracle-Gro umbrella?
Scotts Miracle-Gro manages several well-known brands in the gardening and lawn care market. Prominent brands include Miracle-Gro, Scotts, Ortho, Turf Builder, and Roundup. Each brand serves different customer segments and needs, ranging from home gardening enthusiasts to professional landscapers.
What does Scotts Miracle-Gro Company do?
Scotts Miracle-Gro Company is a leading marketer of branded consumer lawn and garden products. The company provides a diverse range of gardening and landscaping products, including fertilizers, soil, plant food, and pest control solutions. Its well-known brands, like Scotts, Miracle-Gro, and Ortho, cater to both professional and home gardeners, aiming to enhance the beauty and health of gardens and lawns.
What initiatives has Scotts Miracle-Gro implemented to support community engagement?
Scotts Miracle-Gro actively implements initiatives aimed at community engagement, focusing on promoting gardening education, supporting local gardening projects, and encouraging environmental stewardship. The company engages with communities through sponsorship programs, grants, and partnerships with non-profit organizations, fostering a culture of gardening and a sense of community among gardening enthusiasts.
What is Scotts Miracle-Gro's approach to customer service?
Scotts Miracle-Gro emphasizes customer service as a critical component of its business. The company offers various channels for customer support, including phone, online chat, and email, to address inquiries and concerns promptly. Additionally, it provides resources such as gardening tips, product guides, and instructional videos to empower consumers and enhance their gardening experiences.
What is the company's vision?
Scotts Miracle-Gro's vision revolves around inspiring and empowering gardeners and homeowners to create beautiful, green spaces. The company strives to be at the forefront of innovation in gardening products, enhancing user experience while encouraging sustainable practices that contribute to the well-being of communities and the environment.
What is the stock symbol for Scotts Miracle-Gro?
The stock symbol for Scotts Miracle-Gro Company is SMG. It is listed on the New York Stock Exchange, and investors can buy or sell shares of the company under this ticker, reflecting its standing in the financial markets and providing insights into its performance and market valuation.
What market segments does Scotts Miracle-Gro serve?
Scotts Miracle-Gro serves various market segments, primarily focusing on residential consumers and professionals in the lawn and garden industry. The residential segment includes homeowners and gardening enthusiasts, while the professional segment caters to landscapers, horticulturists, and agricultural sectors, providing tailored products that meet specific needs and preferences.
What role does e-commerce play in Scotts Miracle-Gro's business?
E-commerce has become an integral part of Scotts Miracle-Gro's business strategy, especially in response to changing consumer behaviors and the growth of online shopping. The company has optimized its website for customer engagement and partnered with major retail platforms to enhance product availability, providing consumers with convenient access to its products while capturing a broader audience.
What type of research and development does Scotts Miracle-Gro engage in?
Scotts Miracle-Gro invests heavily in research and development (R&D) to innovate and enhance its product offerings. The R&D team focuses on developing new formulations, advancing technologies for better lawn care, and finding sustainable solutions to meet consumer needs. This commitment to R&D helps the company stay competitive in the evolving gardening market.
When was Scotts Miracle-Gro founded?
Scotts Miracle-Gro was founded in 1868, making it over 150 years old. The company was initiated in Marysville, Ohio, initially focusing on producing a fertilizer product using a process developed by the founder, O.M. Scott. Over the years, the company has expanded its product offerings and geographic presence, becoming a prominent name in the gardening and lawn care industry.
Where is Scotts Miracle-Gro headquartered?
Scotts Miracle-Gro is headquartered in Marysville, Ohio. The company's headquarters houses its executive team and major operational functions, including marketing, sales, product development, and customer service, allowing for streamlined operations and innovative product development in the heart of its historical roots.
Who are the key competitors of Scotts Miracle-Gro?
Scotts Miracle-Gro faces competition from several companies in the lawn and garden sector. Notable competitors include Syngenta, Bayer, and Monrovia, as well as smaller niche firms. These competitors offer similar product ranges targeting garden care, pest control, and landscaping. The competitive landscape fosters innovation and quality among these companies to attract consumers.
What is the current price of Scotts Miracle-Gro Company (The) Common Stock?
The current price of Scotts Miracle-Gro Company (The) Common Stock is 51.41
When was Scotts Miracle-Gro Company (The) Common Stock last traded?
The last trade of Scotts Miracle-Gro Company (The) Common Stock was at 7:00 pm EDT on April 4th, 2025
What is the market capitalization of Scotts Miracle-Gro Company (The) Common Stock?
The market capitalization of Scotts Miracle-Gro Company (The) Common Stock is 2.96B
How many shares of Scotts Miracle-Gro Company (The) Common Stock are outstanding?
Scotts Miracle-Gro Company (The) Common Stock has 57.50M shares outstanding.