ScottsMiracle-Gro Announces Third Quarter Results; Strong Consumer Demand Brings POS In Line with Previous Year Levels

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Go back to ScottsMiracle-Gro Announces Third Quarter Results; Strong Consumer Demand Brings POS In Line with Previous Year Levels

Scotts Miracle-Gro (SMG) Tops Q3 EPS by 9c; Reaffirms

July 31, 2018 4:10 PM EDT

Scotts Miracle-Gro (NYSE: SMG) reported Q3 EPS of $2.67, $0.09 better than the analyst estimate of $2.58. Revenue for the quarter came in at $994.6 million versus the consensus estimate of $982 million. U.S. Consumer sales increase 1% in Q3; Hawthorne up 2% including acquisitions.

Full-year Sales and Non-GAAP EPS... More