Scotts Miracle-Gro (SMG) Tops Q3 EPS by 12c

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ScottsMiracle-Gro Announces Third Quarter Results Led By Strong Sales Growth in U.S. Core and Hawthorne Gardening Company

August 1, 2017 7:00 AM EDT

U.S. Consumer sales increase 5% in Q3; segment profit increases 20% Other segment sales increase 36% driven by acquisitions, organic growth in Hawthorne Gross margin rate improves 250 basis points in Q3; up 120 basis points year-to-date Q3 GAAP earnings of $2.53 per share, Adjusted earnings of $2.63 per share Full-year Sales and Non-GAAP EPS guidance range re-affirmed

MARYSVILLE, Ohio, Aug. 01, 2017 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the worlds leading marketer of branded consumer... More