Scotts Miracle-Gro (SMG) FY2025 results: revenue $3.4 billion, down 3.9% on the year

The Scotts Miracle-Gro Company makes and sells branded consumer lawn and garden products in North America, and through its Hawthorne business it supplies nutrients, lighting and other materials for indoor and hydroponic gardening. Its main consumer brands are Scotts Turf Builder lawn fertilizer and Scotts grass seed, Miracle-Gro soil, plant food and gardening products, Ortho herbicide and pesticide products, and Tomcat rodent control and animal repellent products. It is an Ohio corporation, its fiscal year ends on September 30, and it traces its heritage to a company founded by O.M. Scott in Marysville, Ohio in 1868.

History and the Roundup agreement

It acquired the Miracle-Gro brand in fiscal 1995 through a merger with Stern's Miracle-Gro Products, which Horace Hagedorn and Otto Stern founded on Long Island, New York in 1951. In fiscal 1999 it acquired the Ortho brand in the U.S. and obtained exclusive rights to market Monsanto's consumer Roundup brand in the U.S. and other specified countries. Under its Third Restated Agreement with Monsanto, now a subsidiary of Bayer AG, it provides marketing, sales, merchandising, warehousing and other support for certain consumer Roundup products, and it also performs manufacturing conversion services for Monsanto. It also holds an equity interest in Bonnie Plants, a joint venture with Alabama Farmers Cooperative that grows and sells live plants.

Segments

It reports three segments. U.S. Consumer is its consumer lawn and garden business in the United States, Hawthorne is its indoor and hydroponic gardening business, and Other is mainly its consumer lawn and garden business in Canada.

Products

Its lawn care products include fertilizers, clover and grass seed under names such as EZ Seed, PatchMaster and Thick'R Lawn, weed, pest and disease controls such as GrubEx, and spreaders. Its gardening and landscape products include water-soluble and continuous-release plant foods, potting mixes, garden soils, ground cover and mulches under the Miracle-Gro, Scotts, Hyponex and Earthgro names, and organic products under Miracle-Gro Organic and Whitney Farms. Hawthorne's brands include General Hydroponics, Gavita for lighting, Botanicare, Gro Pro, Mother Earth, Grower's Edge and CYCO, covering growing media, nutrients, trays, fans, filters, pumps and irrigation supplies. Its controls products include Ortho insect controls such as Home Defense and Bug B Gon, rodent controls under Tomcat and Ortho, and non-selective weed killer under Groundclear.

Distribution and supply

It sells through its direct sales force, its e-commerce website and brokers and distributors, mainly to home centers, mass merchandisers, warehouse clubs, hardware chains, nurseries, garden centers, e-commerce platforms, food and drug stores, hydroponic distributors and growers. It primarily uses third parties to manage the key distribution centers for its consumer lawn and garden business across the U.S. and Canada, and growing media products generally ship straight to stores. Its raw materials include urea and other fertilizer inputs, resins, diesel, gasoline, natural gas, sphagnum peat, bark and grass seed, and it hedges certain commodities, particularly diesel and urea. The filing describes its North America consumer lawn and garden business as highly seasonal, with orders for the spring season starting late in the winter.

Competition

The filing names as primary competitors Spectrum Brands, Central Garden & Pet, Kellogg Garden Products, Oldcastle Retail, Lebanon Seaboard, Reckitt Benckiser, FoxFarm Soil & Fertilizer, Nanolux Technology, Sun Gro Horticulture, The Procter & Gamble Company, Advanced Nutrients, Jonathan Green, SBM Life Science, Woodstream, Sunday Lawn Care and Hydrofarm Holdings, along with private label products. The filing states that in Canada it competes with Premier Tech and a variety of local companies.

People

As of September 30, 2025 it employed approximately 5,200 associates. At peak periods in fiscal 2025 its workforce reached approximately 6,900, including seasonal associates and approximately 1,000 temporary workers, and it employed approximately 2,100 full-time and seasonal in-store associates in the United States who merchandise its products in retailers' lawn and garden departments.

From Scotts Miracle-Gro's annual report on Form 10-K for the year ended 30 September 2025. The filing

Written from the 10-K filed 25 November 2025: read the full 10-K.