Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

THE SCOTTS MIRACLE-GRO COMPANY

(SMG)
  Report
Delayed Nyse  -  04:00:02 2023-01-27 pm EST
66.53 USD   +9.82%
01/27Scotts Miracle-gro Co : Change in Directors or Principal Officers, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits (form 8-K)
AQ
01/26The National Head Start Association and The Scotts Miracle-Gro Foundation Announce 2022-2023 GroMoreGood Garden Grantees
GL
01/26The National Head Start Association and The Scotts Miracle-Gro Foundation Announce 2022-2023 GroMoreGood Garden Grantees
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Hawthorne announces patents for innovative design and performanceáof Gavita CT 1930e LED light

12/22/2021 | 07:48am EST

VANCOUVER, Wash., Dec. 22, 2021 (GLOBE NEWSWIRE) -- The Hawthorne Gardening Company, a wholly owned subsidiary of The Scotts Miracle-Gro Company, has announced the securing of multiple patents related to the design and functionality of the Gavita CT 1930e LED light.

The Gavita CT 1930e includes innovative state-of-the-art technology that is covered by various U.S. and international design and utility patents and patent applications, positioning the product’s optics, design and unique construction among industry leaders. The novel technology package of the Gavita CT 1930e brings unique benefits to growers of all sizes and a new level of performance for LED fixtures.

“The issuance of these patents is a testament to the revolutionary design and performance of the Gavita CT 1930e,” said Chris Hagedorn, president, Hawthorne Gardening Company. “Beyond providing cultivators with a highly energy efficient LED with proven growing power, this further demonstrates Hawthorne’s commitment to leverage our R&D, technical services and distribution capabilities to help growers achieve short- and long-term success.”

The Gavita CT 1930e was introduced in 2020 and is among Hawthorne’s - as well as ScottsMiracle-Gro’s - most successful product launches ever. It is the first and only LED fixture that is a direct 1:1 replacement for HPS fixtures. Compatibility with wiring and electrical requirements for most indoor growing environments means this compact toplight can dramatically limit the cost and downtime required to convert facilities of every size. The CT 1930e also delivers more uniform, full spectrum light at up to 20 percent energy savings than single-ended HPS fixtures (based on average wattage of each fixture). The CT 1930e is DLC (Design Light Consortium) certified and can qualify for additional savings through local energy rebates (region dependent).

Also, patent-pending controller technology embedded within each Gavita CT 1930e enables control of up to 2,000 fixtures per EL Series Master Control channel and helps maintain unwavering output from light to light. These product innovations seamlessly combine together, and with other Hawthorne offerings, to deliver an unrivaled high-performance technology solution for high-performance environments. For more information on the Gavita CT 1930e and other Hawthorne solutions, visit https://www.hawthornegc.com/.

About Hawthorne

The Hawthorne Gardening Company is a leading provider of nutrients, lighting and other materials used in indoor and hydroponic growing. It serves growers of all sizes, from hobbyists to commercial operators, through best-in-class brands, world-class distribution, unparalleled R&D and unmatched technical services. Among its leading brands are Agrolux, Gavita, General Hydroponics, Botanicare, Sun System, Can-Filter and more. Hawthorne is a wholly owned subsidiary of The Scotts Miracle-Gro Company.

About ScottsMiracle-Gro

With approximately $4.9 billion in sales, the Company is one of the world’s largest marketers of branded consumer products for lawn and garden care. The Company’s brands are among the most recognized in the industry. The Company’s Scotts®, Miracle-Gro® and Ortho® brands are market-leading in their categories. The Company’s wholly owned subsidiary, The Hawthorne Gardening Company, is a leading provider of nutrients, lighting and other materials used in the indoor and hydroponic growing segment.

Media Contact:
Tom Matthews
Chief Communications Officer
Hawthorne Gardening Company
tmatthews@hawthornegc.com
937.844.3864

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/15afb8c3-2cea-464a-8f69-3771f6b5b2bc

https://www.globenewswire.com/NewsRoom/AttachmentNg/f849005d-b5a3-40f5-993b-dc5679a0d2c0


All news about THE SCOTTS MIRACLE-GRO COMPANY
01/27Scotts Miracle-gro Co : Change in Directors or Principal Officers, Submission of Matters t..
AQ
01/26The National Head Start Association and The Scotts Miracle-Gro Foundation Announce 2022..
GL
01/26The National Head Start Association and The Scotts Miracle-Gro Foundation Announce 2022..
AQ
01/23The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment
GL
01/23The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment
AQ
01/23The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment, Payable on, March ..
CI
01/19Insider Sell: Scotts Miracle-Gro
MT
01/18ScottsMiracle-Gro Announces Timing of First Quarter 2023 Financial Results and Conferen..
GL
01/18ScottsMiracle-Gro Announces Timing of First Quarter 2023 Financial Results and Conferen..
AQ
01/09The Scotts Miracle-Gro Foundation Welcomes Applications for 2023 GroMoreGood Grassroots..
GL
More news
Analyst Recommendations on THE SCOTTS MIRACLE-GRO COMPANY
More recommendations
Financials (USD)
Sales 2023 4 000 M - -
Net income 2023 202 M - -
Net Debt 2023 2 409 M - -
P/E ratio 2023 18,5x
Yield 2023 4,01%
Capitalization 3 690 M 3 690 M -
EV / Sales 2023 1,52x
EV / Sales 2024 1,45x
Nbr of Employees 6 100
Free-Float 58,9%
Chart THE SCOTTS MIRACLE-GRO COMPANY
Duration : Period :
The Scotts Miracle-Gro Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends THE SCOTTS MIRACLE-GRO COMPANY
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 66,53 $
Average target price 62,44 $
Spread / Average Target -6,14%
EPS Revisions
Managers and Directors
James Hagedorn Chief Executive Officer & Director
Michael C. Lukemire President & Chief Operating Officer
Matthew Eric Garth Chief Financial Officer & Executive Vice President
Dave Swihart Head-Global Technology & Operations
Ivan C. Smith Secretary, Chief Cmp Officer, EVP & Gen Counsel
Sector and Competitors
1st jan.Capi. (M$)
THE SCOTTS MIRACLE-GRO COMPANY36.92%3 690
SOCIEDAD QUÍMICA Y MINERA DE CHILE S.A.18.50%27 024
FMC CORPORATION5.95%16 536
PHOSAGRO0.00%14 721
ICL GROUP LTD6.56%10 164
OCI N.V.-6.46%7 136