Scotts Miracle-Gro (SMG) Tops Q2 EPS by 2c, Revenues Beat

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Go back to Scotts Miracle-Gro (SMG) Tops Q2 EPS by 2c, Revenues Beat

ScottsMiracle-Gro Announces Record Second Quarter Results; Sales Increase 32% Driven by Strong Demand in Both Major Segments

May 5, 2021 7:00 AM EDT

Hawthorne sales rise 66% in Q2 with strong growth in all product categoriesU.S. Consumer sales rise 23% driven by continued increases in consumer demandGAAP EPS: $5.44 versus $4.43; Non-GAAP adjusted EPS of $5.64 versus $4.50 Company affirms plan to increase pricing to offset continued commodity pressure

MARYSVILLE, Ohio, May 05, 2021 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the worlds leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, today announced company-wide sales increased 32 percent in its fiscal... More