Scotts Miracle-Gro (SMG) came out with quarterly earnings of $2.31 per share, beating the Zacks Consensus Estimate of $1.89 per share. This compares to earnings of $1.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.22%. A quarter ago, it was expected that this lawn and garden products company would post earnings of $3.35 per share when it actually produced earnings of $3.69, delivering a surprise of 10.15%.Over the last ...

财务业绩 - 公司第三季度总销售额为12亿美元，同比增长7%[8] - 美国消费者业务第三季度销售额增长11%至10亿美元[8] - 第三季度GAAP毛利率为29.5%，同比提升1110个基点；非GAAP调整后毛利率为29.2%，同比提升790个基点[13] - 第三季度GAAP每股收益为2.28美元，非GAAP调整后每股收益为2.31美元，几乎是上年同期的两倍[17] - 公司年初至今GAAP净利润为2.091亿美元，每股3.64美元；非GAAP调整后净利润为2.635亿美元，每股4.58美元[21] - 净销售额为12.022亿美元，同比增长7%[36] - 毛利率为29.5%，同比增长72%[36] - 营业利润为2.001亿美元，同比增长159%[36] - 净利润为1.321亿美元，同比增长202%[36] - 调整后每股收益为2.31美元，同比增长97%[39] - 调整后EBITDA为2.368亿美元，同比增长86%[39] - 美国消费者业务净销售额为10.175亿美元，同比增长11%[43] - 豪索恩业务净销售额为0.677亿美元，同比下降28%[43] - 美国消费者业务分部利润为2.103亿美元，同比增长69%[44] - 豪索恩业务分部利润为0.038亿美元，同比增长144%[44] - 公司在第二季度实现净利润132.1百万美元，同比增长202.1%[1] - 公司调整后EBITDA为236.8百万美元，同比增长86.6%[1] - 公司在第三季度实现净利润209.1百万美元，同比增长136.6%[2] - 公司调整后EBITDA为607.4百万美元，同比增长9.8%[3] - 公司第三季度毛利率为28.0%，同比提升5.5个百分点[2] - 公司第三季度营业利润率为13.5%，同比提升7.9个百分点[2] - 公司第三季度每股摊薄收益为3.64美元，同比增长131.8%[2] 业务展望 - 公司预计2024财年Hawthorne业务销售额将同比下降35%至40%，但预计全年实现盈亏平衡或更好的非GAAP调整后EBITDA[22] - 公司重申了2024财年非GAAP指引，并在7月16日的投资者日上提供了未来三年的目标[22][23] - 美国消费者业务年初至今销售额增长2%至27亿美元[18] - Hawthorne业务第三季度销售额下降28%至6770万美元，主要由于停止销售第三方分销品牌[11] 其他 - 公司正在实施一系列组织变革和成本优化措施，包括缩减供应链网络、裁员和其他成本控制举措[3,4] - 公司对Bonnie Plants, LLC的投资计提了1040万美元的减值[3] - 公司收到了1210万美元的争议解决款[3]

NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of The Scotts Miracle-Gro Company (NYSE: SMG). Shareholders who purchased shares of SMG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/the-scotts-miracle-gro-company-loss-submission-form/?id=92727&from=3 CL ...

NEW YORK, July 29, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of The Scotts Miracle-Gro Company (NYSE: SMG).Shareholders who purchased shares of SMG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/the-scotts-miracle-gro-company-loss-submission-form/?id=92369&from=4CLASS PERI ...

BOCA RATON, Fla., July 26, 2024 (GLOBE NEWSWIRE) -- Saxena White P.A. has filed a securities fraud class action lawsuit (the “Class Action”) in the United States District Court for the Southern District of Ohio against The Scotts Miracle-Gro Company (“Scotts” or the “Company”) (NYSE: SMG) and certain of its executive officers (collectively, “Defendants”). The Class Action asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and U.S. Securities and Exchang ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Scotts To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in Scotts between November 3, 2021, and August 1, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/SMG. NEW YORK, ...

NEW YORK, July 25, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of The Scotts Miracle-Gro Company (NYSE: SMG).Shareholders who purchased shares of SMG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/the-scotts-miracle-gro-company-loss-submission-form/?id=91982&from=4CLASS PERI ...

NEW ORLEANS, July 24, 2024 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until August 5, 2024 to file lead plaintiff applications in a securities class action lawsuit against The Scotts Miracle-Gro Company (NYSE: SMG), if they purchased the Company’s shares between November 3, 2021 and August 1, 2023, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of Ohio. Get Help Scotts investo ...

The market expects Scotts Miracle-Gro (SMG) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 31, 2024, might help the stock move higher if these key numbers a ...

Lawn and garden products manufacturer ScottsMiracle-Gro Co. NYSE: SMG stock surged on its Investor Day update ahead of fiscal Q3 2024 earnings release. The company reaffirmed its full-year 2024 outlook and further added that it expects 3% YoY growth in its U.S. consumer segment from 2025 to 2027. Its products are widely used for agriculture by consumers of plants and lawn care. There is also a growing population of cannabis growers using their products. They are a benefactor from cannabis legalization and d ...