SCOTTS MIRACLE-GRO CO (SMG) Latest Filing Signal

Based on earningsVibe SuperAnalyst™ synthesis of the latest 10-Q, SCOTTS MIRACLE-GRO CO's filing signal turned negative.

The Scotts Miracle-Gro Company is the leading marketer of branded consumer lawn and garden products in North America, with well-recognized brands like Scotts(R) Turf Builder(R), Miracle-Gro(R), and Ortho(R). The company also holds an exclusive agency agreement with Monsanto for the marketing and distribution of certain Roundup(R) branded products in the U.S. and other countries. Additionally, Scotts Miracle-Gro operates a significant indoor and hydroponic gardening business under its Hawthorne segment, offering brands such as General Hydroponics(R) and Gavita(R). Its business is highly seasonal, with the majority of sales occurring in the second and third fiscal quarters.

Revenue is primarily driven by the sale of branded consumer lawn and garden products in North America, including fertilizers, seeds, soil, plant food, and pest control products. A significant portion of revenue is also generated through the marketing and distribution of Monsanto's consumer Roundup(R) branded products.