ScottsMiracle-Gro Announces Strong Fourth Quarter Results; U.S. Consumer and Hawthorne Segments Exceed Expectations

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Go back to ScottsMiracle-Gro Announces Strong Fourth Quarter Results; U.S. Consumer and Hawthorne Segments Exceed Expectations

Scotts Miracle-Gro (SMG) Misses Q4 EPS by 5c, Revenues Beat; Provides FY20 EPS Outlook

November 6, 2019 7:13 AM EST

Scotts Miracle-Gro (NYSE: SMG) reported Q4 EPS of ($0.91), $0.05 worse than the analyst estimate of ($0.86). Revenue for the quarter came in at $497.7 million versus the consensus estimate of $451.55 million.

U.S. Consumer segment sales increase 8% for full year, up 4% in Q4Hawthorne sales increase 38% in Q4 driven... More