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

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ScottsMiracle-Gro Reports Second Quarter Financial Results

May 1, 2018 7:00 AM EDT

Company-wide sales decrease 7% primarily due to slow start to lawn and garden seasonGAAP earnings from continuing operations $2.66 per share vs. $2.54 a year agoNon-GAAP adjusted earnings of $2.88 per share versus $2.57

MARYSVILLE, Ohio, May 01, 2018 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the worlds leading marketer of branded consumer lawn and garden as well as hydroponic growing products, today announced company-wide sales decreased 7 percent in its fiscal second quarter primarily due to a... More