scotts lawn

Scotts Miracle-Gro, the world's largest marketer of branded consumer products for lawn and garden care, has been making strategic moves and demonstrating growth in its core business and sustainability efforts.

1. **Lawn Care Products and Services**:
- Scotts offers a comprehensive range of products and services through its Scotts® and Miracle-Gro® brands, including fertilizers, weed control, pest control, and lawn care plans.
- The company's "Lawn Care Plan" service provides customers with the exact products their lawn needs, delivered at the right time, ensuring easy and effective lawn care.
2. **Financial Performance**:
- In Q3 2025, Scotts reported a profit of $149.1 million and earnings of $2.54 per share, up from $132.1 million and $2.28 per share in the previous year.
- Despite a slight decrease in net sales by 1.2% to $1,188 million, the company's adjusted earnings per share exceeded analyst expectations.
3. **Dividend and Shareholder Returns**:
- Scotts recently increased its dividend to $0.66 per share, up from its 10-year average of $0.581, indicating confidence in its financial stability.
- Options traders have the opportunity to boost their income from SMG by selling covered calls, such as the March 2026 contract at the $70 strike.
4. **Sustainability and Corporate Responsibility**:
- Scotts has made significant strides in sustainability, including the launch of organic products, development of drought-tolerant grasses, and the implementation of 100% recyclable packaging.
- The company's environmental initiatives focus on waste reduction, water conservation, and habitat restoration, reaching over 157 million people through partnerships.
5. **Strategic Decisions and Market Position**:
- After a decade of expansion into the cannabis industry, Scotts is now looking to exit the space as federal legalization remains uncertain.
- The company is seeking buyers for Hawthorne Gardening while retaining the option to reenter if federal policies change.

In conclusion, Scotts Miracle-Gro continues to strengthen its position in the lawn and garden care market while making significant strides in sustainability. The company's financial performance remains robust, and its strategic decisions, including the potential exit from the cannabis market, reflect a focus on long-term stability and growth.