Scotts Miracle-Gro (SMG) Raises Quarterly Dividend 6.4% to $0.50; 2.7% Yield

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Scotts Miracle-Gro (SMG) Tops Q3 EPS by 4c; Trims FY16 Sales Outlook

August 3, 2016 8:49 AM EDT

Scotts Miracle-Gro (NYSE: SMG) reported Q3 EPS of $2.16, $0.04 better than the analyst estimate of $2.12. Revenue for the quarter came in at $994.1 million versus the consensus estimate of $1.05 billion.

The Board approved a share repurchase authorization of $500 million that is incremental to the Companys existing... More