Scotts Miracle-Gro (SMG) reported $414.7 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 10.7%. EPS of -$2.31 for the same period compares to -$2.77 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $392.95 million, representing a surprise of +5.54%. The company delivered an EPS surprise of -19.07%, with the consensus EPS estimate being -$1.94.While investors scrutinize revenue and earnings changes year-over-year and how they compa ...

Scotts Miracle-Gro (SMG) came out with a quarterly loss of $2.31 per share versus the Zacks Consensus Estimate of a loss of $1.94. This compares to loss of $2.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -19.07%. A quarter ago, it was expected that this lawn and garden products company would post earnings of $1.89 per share when it actually produced earnings of $2.31, delivering a surprise of 22.22%.Over the last four qu ...

Exhibit 99.1 The Scotts Miracle-Gro Company NEWS ScottsMiracle-Gro Reports Fiscal 2024 Fourth Quarter and Full-Year Results • U.S. Consumer fiscal 2024 sales up 6 percent in line with guidance; POS units up 9 percent year-over- year • Full-year GAAP gross margin rate of 23.9 percent; Non-GAAP adjusted gross margin rate up 340 basis points excluding one-time charges of 80 basis points • Full-year GAAP loss per share of $0.61; Non-GAAP adjusted EPS of $2.29 including one-time charges of $0.35 per share • Comp ...

Wall Street analysts forecast that Scotts Miracle-Gro (SMG) will report quarterly loss of $1.94 per share in its upcoming release, pointing to a year-over-year increase of 30%. It is anticipated that revenues will amount to $392.95 million, exhibiting an increase of 4.9% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.A ...

MARYSVILLE, Ohio, Nov. 05, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, today announced that Rob Candelino has been named to its Board of Directors. Candelino is CEO of PetSafe Brands, the world’s leading pet-technology and services company. He also serves on its Board of Directors. Prior to joining PetSafe, Candelino spent 25 years with Unilever in a variety of roles a ...

SAN DIEGO, Sept. 30, 2024 /PRNewswire/ -- The Shareholders Foundation, Inc. announces that a lawsuit was filed by aNYSE: SMG investor against certain directors of Scotts Miracle-Gro Company. Investors who purchased shares of The Scotts Miracle-Gro Company (NYSE: SMG) prior to November 2021 and continue to hold any of thoseNYSE: SMG shares have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554. In June 2024, a lawsuit was filed against The Scotts M ...

Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...

NEW YORK, Sept. 6, 2024 /PRNewswire/ -- Moore Law, PLLC, a shareholder law firm located on Wall Street, is investigating potential claims against: The Scotts Miracle-Gro Company (NYSE: SMG) **Shareholders should email [email protected] The investigation concerns misrepresentations or omissions regarding Scotts' debt covenants. In or around 2021, Scotts touted that the Company beat internal targets and had "net leverage of 5.9 times debt-to-EBITDA comfortably within covenant maximum of 6.25 times." The Compa ...

NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against The Scotts Miracle-Gro Company (NYSE: SMG) on behalf of long-term stockholders following a class action complaint that was filed against Scotts on June 6, 2024 with a Class Period from June 2, 2021 to August 1, 2023. Our investigation concerns whether the board of directors of Scotts have breached their fiduciary duties to the company. Scotts ...

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