Central Garden & Pet Co.

Analyst recommendations for Scotts Miracle-Gro (SMG) have trended with earnings estimates, with more analysts recommending a “buy” for the stock.

Wall Street analysts expect gross income of $396 million in 3Q17, which will deliver a gross margin of 37% on 3Q17 sales estimates of $1.06 billion.

The history The Scotts Miracle-Gro Company (SMG) dates back to 1868. Conceived by Orlando McLean Scott, it aimed to give farmers weed-free and clean fields. In 1907, Scott’s son, Dwight, saw an opportunity in lawns playing a role in the American lifestyle. Therefore, the company started selling grass seeds, which replaced lower quality grass starters […]

Scotts’s products and brands The Scotts Miracle-Gro Company (SMG) sells many products that enable customers to grow and maintain lawns and gardens. Since growing lawns and gardens requires several elements, it’s not unusual that several players serve the market (FXZ). These include Central Garden & Pet (CENT), Spectrum Brands (SPB), and Seabord (SEB). The Scotts […]

Categories of products The Scotts Miracle-Gro Company (SMG) has several products under its umbrella. In North America, which includes the United States and Canada, the company offers products to lawn and garden markets in the consumer segment. Some of the brand names include Scotts, Turf Builder, Miracle-Gro, Nature’s Care, and Ortho. The company is also […]

Beginnings in the United States The Scotts Miracle-Gro Company (SMG) began in the United States and initially focused on reaching out to customers within the country. Today, the company operates in 18 countries and has a market capitalization of $5.8 billion. Scotts Miracle-Gro is present in the United States, Europe, Canada, and the Asia-Pacific region. The […]