Scotts Miracle-Gro (SMG) Announces Preliminary Sales Results for Q2

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ScottsMiracle-Gro Announces Preliminary Sales Results for Second Quarter; Strong Product Demand is Driving U.S. Consumer and Hawthorne Segments

March 26, 2020 4:06 PM EDT

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MARYSVILLE, Ohio, March 26, 2020 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG) today announced preliminary results for its second fiscal quarter and said demand for products in both its U.S. Consumer and Hawthorne segments surged in recent weeks, especially in categories focused on edible gardening, professional growing and pest control.

For its fiscal second quarter, which ends March 28, 2020, ScottsMiracle-Gro expects to report an increase in company-wide sales of approximately 16 to 17 percent... More