ScottsMiracle-Gro Reports Strong Second Quarter Financial Results Driven by Strong Start to U.S. Lawn & Garden Season
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Scotts Miracle-Gro (SMG) Tops Q2 EPS by 22c, Revenues Beat; Affirms FY19 EPS Outlook
May 1, 2019 7:05 AM EDTScotts Miracle-Gro (NYSE: SMG) reported Q2 EPS of $3.64, $0.22 better than the analyst estimate of $3.42. Revenue for the quarter came in at $1.19 billion versus the consensus estimate of $1.16 billion.
U.S. Consumer sales increase 8% driven by double-digit growth in consumer purchasesHawthorne sales up 245% due to Sunlight acquisition and volume growth in most categoriesGAAP EPS: $7.10 versus $2.66; Non-GAAP adjusted EPS of $3.64 versus $2.88Full-year financial guidance re-affirmedConsumers came flying out of the gate compared with last year to get a head start on the lawn and garden season, said Jim... More
