Scotts Miracle-Gro completes sale of Hawthorne unit to Vireo Growth

Scotts Miracle-Gro Company Class A 0.00% Pre

Scotts Miracle-Gro Company Class A

SMG

62.62

62.62

0.00%

0.00% Pre
  • ScottsMiracle-Gro completed sale of Hawthorne Gardening to Vireo Growth in exchange for Vireo shares held by an independent strategic partner.
  • Vireo stock received will be reported on ScottsMiracle-Gro financial statements as part of its other investments.
  • Fiscal 2026 guidance was reaffirmed, with full-year outlook unchanged by the divestiture.
  • Vireo nominated Chris Hagedorn for election to its board, with plans for him to chair a new strategic growth committee if elected.
  • ScottsMiracle-Gro positioned transaction as a shift toward core lawn and garden growth, with Hawthorne exit expected to support margin recovery targets.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Scotts Miracle-Gro Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604090700PRIMZONEFULLFEED9686641) on April 09, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.