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Scotts Miracle-Gro Q1 Earnings Beat Estimates Amid Stronger Consumer Engagement And Fall Sales - Scotts Miracle Gro (NYSE:SMG)

Summary by Benzinga
Gardening giant Scotts Miracle-Gro Company (NYSE:SMG) shares are trading lower on Wednesday. The company reported a first-quarter adjusted loss per share of 89 cents, which is narrower than the street view of a $1.23 loss. Quarterly revenues of $416.80 million outpaced the analyst consensus estimate of $392.34 million. U.S. Consumer net sales increased 11% to $340.9 million, driven by a strong fall season across all categories and early retailer…

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newsbudz.com broke the news in on Wednesday, January 29, 2025.
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