Scotts Miracle-Gro (SMG) Tops Q1 EPS by $1.15
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ScottsMiracle-Gro Announces Record First Quarter Results; U.S. Consumer Sales Increase 147%, Hawthorne Sales Rise 71%
February 3, 2021 7:00 AM ESTCompany reports first-ever profit for fiscal first quarterFull year sales guidance increased; Non-GAAP adjusted EPS guidance reaffirmed
MARYSVILLE, Ohio, Feb. 03, 2021 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), one of the worlds leading marketers of branded consumer lawn and garden as well as hydroponic and indoor growing products, today announced company-wide sales increased 105 percent to a record $748.6 million in its fiscal first quarter primarily driven by strong retailer support in the U.S. Consumer segment as well as continued momentum in Hawthorne.
For the quarter ended January 2,... More
