Scotts Miracle-Gro Q2 Earnings Surpass Estimates, Sales Miss

The Scotts Miracle-Gro Company (SMG) reported a second-quarter fiscal 2025 (ended March 29, 2025) profit of $217.5 million or$3.72 per share, roughly 38% higher than $157.5 million or$2.74 per share in the prior-year quarter.Barring one-time items, the adjusted earnings were $3.98 per share compared with$3.69 a year ago, topping the Zacks Consensus Estimate of $3.95.The company’s net sales in the fiscal second quarter were$1,421 million, which missed the Zacks Consensus Estimate of $1,498.2 million. Net ...