Scotts Miracle-Gro (SMG) Tops Q1 EPS by 15c, Revenues Beat; Provides FY20 EPS Guidance

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Go back to Scotts Miracle-Gro (SMG) Tops Q1 EPS by 15c, Revenues Beat; Provides FY20 EPS Guidance

ScottsMiracle-Gro Announces Strong First Quarter Results Driven by 23% Increase in Company-wide Sales

January 29, 2020 7:01 AM EST

Hawthorne segment sales increase 41%; U.S. Consumer segment sales increase 8%GAAP loss of $1.28 per share compared with $1.49 per shareNon-GAAP adjusted loss of $1.12 per share versus $1.39 per shareFull year guidance for sales, non-GAAP adjusted EPS and cash flow reaffirmed

MARYSVILLE, Ohio, Jan. 29, 2020 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), one of the worlds leading marketers of branded consumer lawn and garden as well as hydroponic and indoor growing products, today announced that company-wide sales increased 23 percent in its... More