ScottsMiracle-Gro Reports Strong First Quarter Sales; U.S. Consumer Sales Increase 9%; Acquisitions Push Hawthorne Up 84%

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Go back to ScottsMiracle-Gro Reports Strong First Quarter Sales; U.S. Consumer Sales Increase 9%; Acquisitions Push Hawthorne Up 84%

Scotts Miracle-Gro (SMG) Misses Q1 EPS by 14c; Reaffirms Outlook

January 30, 2019 7:05 AM EST

Scotts Miracle-Gro (NYSE: SMG) reported Q1 EPS of ($1.39), $0.14 worse than the analyst estimate of ($1.25). Revenue for the quarter came in at $298.1 million versus the consensus estimate of $287.25 million.

GUIDANCE:

Full-year guidance for sales, adjusted EPS and cash flow... More