Scotts Miracle-Gro (SMG) Q2 Earnings & Sales Top Estimates
Scotts Miracle-Gro(SMG) Zacks Investment Research·2024-05-06 12:06
The Scotts Miracle-Gro Company (SMG) reported a second-quarter fiscal 2024 (ended Mar 30, 2024) profit of $157.5 million or $2.74 per share, roughly 44% higher than $109.4 million or $1.94 per share in the prior-year quarter.Barring one-time items, the adjusted earnings were $3.69 per share compared with $3.78 a year ago, topping the Zacks Consensus Estimate of $3.35. The company’s net sales in the fiscal second quarter were $1,525.4 million, which beat the Zacks Consensus Estimate of $1,498.3 million. N ...