The Scotts Miracle-Gro Company (NYSE:SMG)
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The Company is the combination of two companies in the consumer lawn and garden market: O.M. Scott & Sons and Stern's Miracle-Gro Products, Inc. It is a marketer of lawn fertilizer, grass seed and growing media products within the United States.
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Scotts Miracle-Gro lead the $7.0 billion dollar global consumer lawn and garden market by earning $2.3 billion in net sales in 2005. Anybody who has a garden has at one time or another used Scotts products. Scotts product line consists of:
Scotts- which produces a line of grannular lawn fertilizers and weed, insect and diesease controls.
Scotts Miracle-Gro - which used to be Stern's Miracle-Gro, is a leading brand of liquid fertilizers,as well as, potting soils that contain Miracle-Gro fertilizer. Miracle-Gro also produces a weed and feed fertilizer.
Osmocote - a leading brand of fertilizer.
Miracle-Gro Nursery Select - a variety of annual and perennial plants that have been grown using Miracle-Gro.
Ortho - a line of insect, diesease and weed control product.
Roundup - a glycosaph weed control, owned by Monsanto but marketed to consumers by Scotts Miracle-Gro.
Smith & Hawkins - leading brand of pottery, watering equipment, gardening tools, outdoor furniture and live goods.
Scotts Lawn Service - a leading player in the "do it for me" lawn care market. This service is providing near term growth for SMG. Currently Scotts Lawn Service is now in 73 of the top 100 lawn service markets in the United States, with a stated goal of having a substantial presence in the top 100 lawn service markets within the next several years.
Scotts Miralce-Gro's products should also see a growth in sales, such as Scotts Grubex Season-Long Grub Killer. This past spring the Japanese beatles were very active, which means a bumper crop of grubs this fall! Better check your lawns now!