ScottsMiracle-Gro Reports Second Quarter Results; Consumer Engagement Surges at the Break of the Lawn & Garden Season

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Scotts Miracle-Gro (SMG) Misses Q2 EPS by 21c; Reaffirms

May 5, 2015 7:05 AM EDT

Scotts Miracle-Gro (NYSE: SMG) reported Q2 EPS of $2.06, $0.21 worse than the analyst estimate of $2.27. Revenue for the quarter came in at $1.12 billion versus the consensus estimate of $1.12 billion.

Scotts Miracle-Gro reaffirms FY2015 EPS of $3.40-$3.60, versus the consensus of $3.53.

"Consumer engagement in April was outstanding and on a year-to-date basis through May 3, consumer... More