Scotts Miracle-Gro will announce Q1 financial results on January 29, 2025, with a webcast discussion and Q&A session.
Quiver AI Summary
Scotts Miracle-Gro Company plans to announce its first quarter financial results on January 29, 2025, before U.S. markets open. A video presentation will be livestreamed at 9:00 a.m. ET, followed by an audio Q&A session. Participants are encouraged to register in advance for both the webcast and the Q&A. The financial outcomes will be accessible on the company's investor website, which will also host a replay of the conference call and related press materials for at least a year. As the largest marketer of branded consumer lawn and garden products, Scotts Miracle-Gro, with $3.6 billion in sales, oversees well-known brands like Scotts, Miracle-Gro, and Ortho, and its subsidiary, The Hawthorne Gardening Company, specializes in indoor and hydroponic growing products.
Potential Positives
- The Scotts Miracle-Gro Company will release its first quarter financial results, indicating transparency and communication with investors.
- The company will host a video presentation and a question-and-answer session, providing stakeholders with direct access to management insights.
- With approximately $3.6 billion in sales, the company reinforces its position as the world’s largest marketer of branded consumer products for lawn and garden care.
- The Scotts®, Miracle-Gro®, and Ortho® brands are recognized as market leaders, highlighting the company's strong brand equity in its categories.
Potential Negatives
- There is no specific mention of any financial projections or expectations for the upcoming quarter, which may lead to uncertainty among investors.
- The press release does not address any potential challenges or issues the company may be facing, which could be seen as a lack of transparency.
- The focus on a financial results presentation suggests that the company might have experienced volatility in previous quarters, raising concerns about its overall stability.
FAQ
When will Scotts Miracle-Gro release its financial results?
Scotts Miracle-Gro will release its first quarter financial results on Wednesday, January 29, 2025, before U.S. market opening.
What time is the webcast presentation for financial results?
The video presentation will take place at 9:00 a.m. ET on January 29, 2025.
How can I participate in the Q&A session after the webcast?
To participate in the Q&A session, register for the webcast to view the presentation and receive call-in details.
Where can I find the replay of the financial conference call?
The replay of the conference call will be available on Scotts Miracle-Gro’s investor website for at least 12 months.
Who can I contact for investor or media inquiries?
For investor inquiries, contact Aimee DeLuca at [email protected]. For media inquiries, contact Tom Matthews at [email protected].
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SMG Insider Trading Activity
$SMG insiders have traded $SMG stock on the open market 19 times in the past 6 months. Of those trades, 0 have been purchases and 19 have been sales.
Here’s a breakdown of recent trading of $SMG stock by insiders over the last 6 months:
- ROBERT HAGEDORN has traded it 2 times. They made 0 purchases and 2 sales, selling 108,550 shares.
- NATHAN ERIC BAXTER (EVP and COO) has traded it 6 times. They made 0 purchases and 6 sales, selling 15,275 shares.
- PARTNERSHIP, L.P. HAGEDORN has traded it 9 times. They made 0 purchases and 9 sales, selling 248,644 shares.
- JAMES HAGEDORN (CEO and Chairman) sold 18,368 shares.
- STEPHEN L JOHNSON sold 960 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SMG Hedge Fund Activity
We have seen 203 institutional investors add shares of $SMG stock to their portfolio, and 216 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRICE T ROWE ASSOCIATES INC /MD/ removed 2,648,024 shares (-97.3%) from their portfolio in Q3 2024
- BALYASNY ASSET MANAGEMENT L.P. added 702,104 shares (+590.9%) to their portfolio in Q3 2024
- DEPRINCE RACE & ZOLLO INC removed 672,556 shares (-100.0%) from their portfolio in Q3 2024
- MILLENNIUM MANAGEMENT LLC removed 620,857 shares (-76.1%) from their portfolio in Q3 2024
- FULLER & THALER ASSET MANAGEMENT, INC. added 527,925 shares (+inf%) to their portfolio in Q3 2024
- SCHONFELD STRATEGIC ADVISORS LLC removed 394,345 shares (-68.4%) from their portfolio in Q3 2024
- JACOBS LEVY EQUITY MANAGEMENT, INC added 331,925 shares (+1033.4%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
MARYSVILLE, Ohio, Jan. 15, 2025 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its first quarter financial results on Wednesday, January 29, 2025, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9:00 a.m. ET to discuss those results. The webcast will be followed by an audio question-and-answer session.
To watch the Company presentation and listen to the question-and-answer session, please register in advance at this webcast link . For those planning to participate in the question-and-answer session that follows the video presentation, please register for the webcast to view the presentation in addition to registering in advance via this audio link to receive call-in details and a unique PIN. The replay of the conference call will also be available on the Company’s investor website , where an archive of the press release and any accompanying information will remain available for at least a 12-month period.
About ScottsMiracle-Gro
With approximately $3.6 billion in sales, the Company is the world’s largest marketer of branded consumer products for lawn and garden care. The Company’s brands are among the most recognized in the industry. The Company’s Scotts®, Miracle-Gro®, and Ortho® brands are market-leading in their categories. The Company’s wholly-owned subsidiary, The Hawthorne Gardening Company, is a leading provider of nutrients, lighting, and other materials used in the indoor and hydroponic growing segment. For additional information, visit us at www.scottsmiraclegro.com.
For investor inquiries:
Aimee DeLuca
Sr. Vice President
Investor Relations
[email protected]
(937) 578-5621
For media inquiries:
Tom Matthews
Chief Communications Officer
[email protected]
(937) 644-7044
