Scotts LawnService

ScottsMiracle-Gro Provides Update on Fiscal 2024 Second Quarter

Retrieved on: 
Thursday, April 4, 2024
POS, Scotts LawnService, Growth, Scotts Miracle-Gro Company

This will be below the Company’s first-quarter net leverage ratio and its second-quarter maximum of 7.75 times.

Key Points: 
  • This will be below the Company’s first-quarter net leverage ratio and its second-quarter maximum of 7.75 times.
  • “We continue to make real progress in improving the financial and operating performance of ScottsMiracle-Gro,” said Jim Hagedorn, chairman, CEO and president.
  • “In the second quarter, we delivered near-record retail shipments coupled with year-to-date POS units trending to mid-teens percentage growth versus last year.
  • Our teams executed flawlessly, and our retailer partnerships are stronger than ever.

The Scotts Miracle-Gro Foundation and Doodles and Digits Partner to Bring "How It's Math" to Public Television

Retrieved on: 
Monday, April 1, 2024
Public broadcasting, Organization, Scotts LawnService, Scotts Miracle-Gro Company, Partnership, Gardening, Student, Mathematics, STEM, Love, PBS, Parent, Toy

WESTERVILLE, Ohio, April 01, 2024 (GLOBE NEWSWIRE) -- Doodles and Digits and The Scotts Miracle-Gro Foundation announced a partnership to underwrite the television debut of the acclaimed "How It's Math" program on Public Television.

Key Points: 
  • WESTERVILLE, Ohio, April 01, 2024 (GLOBE NEWSWIRE) -- Doodles and Digits and The Scotts Miracle-Gro Foundation announced a partnership to underwrite the television debut of the acclaimed "How It's Math" program on Public Television.
  • By partnering with The Scotts Miracle-Gro Foundation, Doodles and Digits aims to expand the reach of the show and inspire a broader audience of young learners.
  • "We are thrilled to partner with The Scotts Miracle-Gro Foundation to bring 'How It's Math' to public television," said Caroline Farkas, Founder of Doodles and Digits.
  • The Scotts Miracle-Gro Foundation shares Doodles and Digits' commitment to the next generation.

E-commerce Boom and Eco-Friendly Trends Shape the U.S. Lawn and Garden Consumables Sector, the Market to Hit $11.76 Billion by 2029 - Exclusive Focus Insight Report by Arizton

Retrieved on: 
Tuesday, April 2, 2024
Online, Seed, Gardening, Education, Bayer, Scotts LawnService, Nutrient, Fertilizer, Nutrien, Traction, Landscape maintenance

Consumers are increasingly turning to online platforms for purchasing lawn and garden consumables due to their convenience and wide product selection.

Key Points: 
  • Consumers are increasingly turning to online platforms for purchasing lawn and garden consumables due to their convenience and wide product selection.
  • This development addresses the increasing demand for plant nutrients, offering a potential benefit for the US lawn and garden consumables market.
  • What is the growth rate of the U.S. lawn and garden consumables market?
  • Who are the major players in the U.S. lawn and garden consumables market?

E-commerce Boom and Eco-Friendly Trends Shape the U.S. Lawn and Garden Consumables Sector, the Market to Hit $11.76 Billion by 2029 - Exclusive Focus Insight Report by Arizton

Retrieved on: 
Tuesday, April 2, 2024
Online, Seed, Gardening, Education, Bayer, Scotts LawnService, Nutrient, Fertilizer, Nutrien, Traction, Landscape maintenance

Consumers are increasingly turning to online platforms for purchasing lawn and garden consumables due to their convenience and wide product selection.

Key Points: 
  • Consumers are increasingly turning to online platforms for purchasing lawn and garden consumables due to their convenience and wide product selection.
  • This development addresses the increasing demand for plant nutrients, offering a potential benefit for the US lawn and garden consumables market.
  • What is the growth rate of the U.S. lawn and garden consumables market?
  • Who are the major players in the U.S. lawn and garden consumables market?

ScottsMiracle-Gro Reports First Quarter Results

Retrieved on: 
Wednesday, February 7, 2024
Outline, GAAP, Scotts LawnService, Pressure, Interest, PIN, Marketing, Scotts Miracle-Gro Company, Signature, Conference, Pharmaceutical industry

Due to seasonality, the first quarter typically represents less than 15 percent of full-year sales.

Key Points: 
  • Due to seasonality, the first quarter typically represents less than 15 percent of full-year sales.
  • GAAP and non-GAAP adjusted gross margin rates for the quarter were 15.2 percent and 13.7 percent, respectively.
  • The maximum leverage ratio under the revised covenants decreases to 7.75 in the second quarter, 6.50 in the third quarter and 6.00 in the fourth quarter of the fiscal year.
  • GAAP equity in loss of unconsolidated affiliates, which represents our share of the results of the joint venture, includes a pre-tax impairment charge of $10.4 million recorded during the quarter.

ScottsMiracle-Gro Announces Retirement of Nancy Mistretta from Board of Directors

Retrieved on: 
Tuesday, January 30, 2024
Audit committee, Retirement, Scotts Miracle-Gro Company, Scotts LawnService, Compensation, Management

Mistretta has been a director since 2007 and served on various Board committees, most recently as a member of the Audit Committee and the Compensation and Organization Committee.

Key Points: 
  • Mistretta has been a director since 2007 and served on various Board committees, most recently as a member of the Audit Committee and the Compensation and Organization Committee.
  • “Nancy has been a great partner and friend over these many years,” said Jim Hagedorn, chairman, CEO and president of ScottsMiracle-Gro.
  • “Nancy’s retirement provides us with an opportunity to further evaluate the skill sets, experience and backgrounds of our Board members.
  • Just as we have reshaped ScottsMiracle-Gro and its leadership team for the future, we are ensuring the Board is aligned with our direction.”

The Scotts Miracle-Gro Foundation and The National Head Start Association Partner to Bring Gardens to Children and Families

Retrieved on: 
Thursday, November 16, 2023
Social impact, Head, Scotts LawnService, Plant, Zinnia, Vegetable, Garden, Child, Partnership, Head Start (program), Taste, ESG, Fertilizer, Toy

MARYSVILLE, Ohio, Nov. 16, 2023 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Foundation and the National Head Start Association (NHSA) have teamed up to bring the GroMoreGood Garden Grants to community gardens across the country.

Key Points: 
  • MARYSVILLE, Ohio, Nov. 16, 2023 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Foundation and the National Head Start Association (NHSA) have teamed up to bring the GroMoreGood Garden Grants to community gardens across the country.
  • Head Start programs can apply through December 18, 2023 for the opportunity to receive garden resources.
  • The Scotts Miracle-Gro Foundation and the National Head Start Association have partnered to bring GroMoreGood Garden Grants to Early Head Start and Head Start programs across the country.
  • “A sixth year of GroMoreGood Garden Grants with the National Head Start Association, will bring the benefits of gardens and getting outside to more children and families,” said Katherine Dickens, Director, ESG & Social Impact at ScottsMiracle-Gro.

US Home & Garden Pesticides Market Insights 2023-2028: Growing Pest Repellents in Gardens, Growing Demand for Innovative Gardening Concepts and Hydroponics - ResearchAndMarkets.com

Retrieved on: 
Monday, November 13, 2023
Retail, Home Goods, Chemicals, Plastics, Manufacturing, Sale, Hydroponics, Syngenta, Agriculture, Pesticide, Household, Scotts LawnService, Andersons, BASF SE, Traction, Bayer, Innovation, Insecticide, Gardening, Central Gardens, Memphis, St. Raphael's Edible Garden, Doe-Anderson Inc., Social media, BASF, Hygiene, SE, Herbicide, US residency, Albemarle Corporation, Growth, Garden

This report offers market size & forecast data for the home & garden pesticides market in the US.

Key Points: 
  • This report offers market size & forecast data for the home & garden pesticides market in the US.
  • This report provides a comprehensive and current market scenario of the US home & garden pesticides, including the US home & garden pesticides market size, anticipated market forecast, relevant market segmentations, and industry trends.
  • The study considers a detailed scenario of the present home & garden pesticides market and its market dynamics for 2023?2028 in the US.
  • The US home & garden pesticides market is growing significantly due to Growing Pest Repellents in Gardens, Growing Demand for Innovative Gardening Concepts, Growing Demand for Hydroponics Among US Residents, Growth In Demand For Edible Gardening, Increase In Vector-Borne Diseases, and Growth In Landscaping Market & Backyard Gardens.

Employ Brings Momentum into Q4 with New Executive Leadership, Innovative Product Features, and Industry Recognition

Retrieved on: 
Wednesday, October 18, 2023
Telecommunications, Human Resources, Finance, Consulting, Professional Services, Technology, Education, Training, Dun, SMS, Lamson, ADP, Thomson Reuters, Forward, Scotts LawnService, Bradstreet, Private, Organization, Acquisition, NetDocuments, Cornerstone OnDemand, Ticketmaster, Employment, Growth, Inc., Dell, Marketing, Lighthouse, CMO, Dun & Bradstreet, Cornerstone, Wayfair, ZoomInfo, Management, Sales, Employment agency, Lever, Uncertainty

“Employ has been rapidly disrupting the market over the past year, leading to our continued momentum,” said Pete Lamson, CEO at Employ.

Key Points: 
  • “Employ has been rapidly disrupting the market over the past year, leading to our continued momentum,” said Pete Lamson, CEO at Employ.
  • Lucy Zarlengo, Chief Marketing Officer — As Employ CMO, Zarlengo oversees the planning, development, and execution of Employ’s marketing strategy, driving both customer satisfaction and net new growth.
  • Prior to joining Employ, Zarlengo held leadership positions at Dun & Bradstreet, Thomson Reuters, and Dell.
  • Madhav Nair, Chief Technology Officer — As Employ CTO, Nair is responsible for advancing the company’s innovative technology approach and shared strategic vision.

ScottsMiracle-Gro Announces Executive Team Retirements and Reorganization

Retrieved on: 
Wednesday, September 27, 2023
Partnership, Corporate communication, Hawthorne Gardening Company, Information technology, Marketing, Scotts LawnService, Scotts, Supply chain, Scotts Miracle-Gro Company, CFO, Growth, R, NYSE, Management

This follows the September 2023 promotion of Nate Baxter, 50, who joined the Company in May 2023 as an executive vice president, to chief operating officer.

Key Points: 
  • This follows the September 2023 promotion of Nate Baxter, 50, who joined the Company in May 2023 as an executive vice president, to chief operating officer.
  • Led by Hagedorn, the executive team includes Baxter, Garth, DeMuesy, Dimiter Todorov, 51, executive vice president, general counsel and corporate secretary, and Chris Hagedorn, 38, division president in charge of wholly-owned subsidiary Hawthorne Gardening Company.
  • The executive team restructuring coincides with reductions in other senior positions, primarily at the vice president and senior vice president levels.
  • The executive changes reflect our commitment to continuous improvement, streamlining the team and shifting responsibilities for running the Company to our next generation leaders.