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At Barron's

Scotts Miracle-Gro CEO on Martha Stewart, Marijuana, and Your Lawn

At Barron's

At Barron's

Business

4.717 Ratings

🗓️ 24 April 2025

⏱️ 23 minutes

🧾️ Download transcript

Summary

Jim Hagedorn, the CEO of Scotts Miracle-Grow, also discussed how to have a great lawn.

Transcript

Click on a timestamp to play from that location

0:00.0

Americans love using their credit cards, the most secure and hassle-free way to pay.

0:04.0

But DC politicians want to change that with the Durban Marshall Credit Card Bill.

0:08.0

This bill lets corporate megastores pick how your credit card is processed,

0:13.0

allowing them to use untested payment networks that jeopardize your data security and rewards.

0:18.0

Corporate megastores will make more money and you pay the price.

0:22.2

Tell Congress to guard your card because Americans lose when politicians choose. Learn more at

0:28.1

guard your card.com.

0:33.9

Hello everyone. I'm Andy Surwer and welcome to Ed Barron's. And also welcome to our guest,

0:39.9

Jim Hagenorne, CEO of the Scott's Miracle Grow Company. Jim, great to see you. Thank you for having me.

0:45.5

So I think everyone knows about your company and you've got kind of a really interesting long story,

0:50.1

an interesting short story. But remind us about the core products that your company offers.

0:56.1

If you garden, you're probably using our products. So Miracle Grow, Scots, Ortho, Roundup,

1:03.0

those are our sort of big brands in Lawna Garden. And so, you know, those are the products that

1:08.9

pretty much. So it's a lawn and garden company and big time

1:12.6

in gardening especially. And so what's that business like? I mean, you would do like three to four

1:17.5

billion in sales and are there different competitors who have products that you go up against?

1:23.6

And do you distribute? Not really. Right. Yeah. Well, okay.

1:26.8

First of all, What kind of business?

1:28.2

It's a great business to be in.

1:29.5

So, you know, if you had to have a consumer goods company in a certain category, like right now,

1:35.4

we're the biggest vendor in, like, Home Depot right now, in the entire store.

1:42.1

So 20, 25 percent of the business of the big DIY centers

...

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