TAG: Jim Hagedorn

TruGreen, Scotts LawnService to merge

December 10, 2015By
Logos: TruGreen and Scotts Lawncare

The two largest companies in the lawn care segment are now one, following TruGreen and Scotts LawnService’s announcement to enter into a joint venture. Combined, the companies have approximately 2.3 million customers and more than $1.3 billion in annual revenue. The combined business will operate under the TruGreen brand and will be based in Memphis, Tenn., where TruGreen’s headquarters is located.... read more

Scotts LawnService sales up 3 percent in 3Q 2014

August 5, 2014By

The Scotts Miracle-Gro Co., headquartered in Marysville, Ohio, released results for its fiscal third quarter, which highlights an increase in sales for its Scotts LawnService business. “The second half of the lawn and garden season has been extremely strong, with positive consumer purchases against the double-digit increases we posted a year ago,” said Jim Hagedorn, chairman and CEO. “Our momentum is carrying... read more

Scotts LawnService sales slump in Q2 due to spring delay

May 12, 2014By

The Scotts Miracle-Gro Co. unveiled results for its fiscal second quarter. It reported adjusted income from continuing operations increased 38 percent and said the results were driven by increased sales, continued margin expansion and strong control of operating expenses. Moreover, net sales were $1.08 billion for the quarter—an increase of 7 percent compared to $1.01 billion a year ago—due to strong initial sell-in to... read more

Scotts funds program to benefit Florida waterways

February 10, 2014By

The Scotts Miracle-Gro Co. launched a three-year program across Florida to provide $5 million in financial support to environmental groups and academic institutions focused on scientific research to help identify potential solutions to the state’s water quality issues. The company also plans to launch a multimedia consumer campaign to remind homeowners how to maintain healthy lawns and gardens while also... read more

Scotts LawnService sales leap 7% in 4Q, 5% in 2013

November 18, 2013By

The Scotts Miracle-Gro Co., based in Marysville, Ohio, reported its fiscal 2013 adjusted earnings improved 39 percent to $2.79 per share due to the company’s strong second half performance in the core U.S. lawn and garden business, including a 7 percent sales increase from Scotts LawnService in the fourth quarter. Versus its $84.5 million sales during the fourth quarter a... read more