Why Scotts Miracle-Gro Stock Was Gaining This Week
SMGScotts Miracle-Gro(SMG) The Motley Fool·2024-08-02 22:14

Shares of the lawn care specialist got a boost after a better-than-expected earnings report.Shares of Scotts Miracle-Gro (SMG -3.63%) were moving higher this week after the lawn care specialist posted a better-than-expected profit in its fiscal third-quarter earnings report earlier this week, showing the company's turnaround is on track.As a result, the stock was up 6.5% as of Thursday's close, according to data from S&P Global Market Intelligence. Scotts is on the mendAfter a post-pandemic collapse in the ...