Scotts Miracle-Gro (SMG) Misses Q4 EPS by 8c, Offers FY19 Guidance

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Go back to Scotts Miracle-Gro (SMG) Misses Q4 EPS by 8c, Offers FY19 Guidance

ScottsMiracle-Gro Announces Fourth Quarter and Fiscal 2018 Results; Full-Year Sales and Earnings in Line with Guidance

November 7, 2018 7:00 AM EST

Operating cash flow of $343 million aided by working capital improvement, lower taxesHawthorne acquisitions led to Company-wide sales growth of 15% in Q4; 1% for full year, Q4 GAAP EPS loss of $2.36; Non-GAAP Adjusted EPS loss of $0.75Full-year GAAP EPS of $2.23; Non-GAAP Adjusted EPS of $3.712019 Guidance: Non-GAAP Adjusted EPS of $4.10 to $4.30 on sales growth of 10 to 11%

MARYSVILLE, Ohio, Nov. 07, 2018 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the worlds leading marketer of branded consumer lawn and garden... More