ScottsMiracle-Gro Reports Second Quarter Financial Results

Go back to ScottsMiracle-Gro Reports Second Quarter Financial Results

Scotts Miracle-Gro (SMG) Misses Q2 EPS by 43c, Sales Miss; Earnings Guidance Unchanged

May 1, 2018 7:04 AM EDT

Scotts Miracle-Gro (NYSE: SMG) reported Q2 EPS of $2.88, $0.43 worse than the analyst estimate of $3.31. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $1.08 billion.

The start to this lawn and garden season has been delayed to a greater extent than we have seen in recent memory, said Jim Hagedorn, chairman and chief executive officer. Consumer purchases entering May are down... More