NYSE:SMGChemicals
Why Scotts Miracle-Gro (SMG) Is Up 5.5% After Strong FY25 Results and Dividend Boost
The Scotts Miracle-Gro Company recently announced its fiscal 2025 results, reporting full-year sales of US$3.41 billion, a significant improvement in net income to US$145.2 million, and a quarterly cash dividend of US$0.66 per share payable in December 2025.
Management highlighted improved gross margins, plans for a multiyear share buyback program, and guidance for U.S. Consumer net sales growth in fiscal 2026, while emphasizing continued investments in brand innovation and operational...