Scotts Miracle-Gro Reports Strong Core Business Growth Amid Hawthorne Segment Decline

The Scotts Miracle-Gro Company (SMG) announced its financial results for the full year and fourth quarter ended Sept. 30, 2024, highlighting strong core business growth driven by strategic investments in marketing and innovation. However, the company’s subsidiary for cannabis growers, Hawthorne Gardening Company, continued to experience a decline in sales due to the discontinuation of its third-party distribution business.

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