Scotts Miracle-Gro (SMG) Q2 Earnings & Sales Top Estimates
SMGScotts Miracle-Gro(SMG) Zacks Investment Research·2024-05-06 20:06

The Scotts Miracle-Gro Company (SMG) reported a second-quarter fiscal 2024 (ended Mar 30, 2024) profit of 157.5millionor157.5 million or 2.74 per share, roughly 44% higher than 109.4millionor109.4 million or 1.94 per share in the prior- year quarter. Barring one-time items, the adjusted earnings were 3.69persharecomparedwith3.69 per share compared with 3.78 a year ago, topping the Zacks Consensus Estimate of 3.35.Thecompanysnetsalesinthefiscalsecondquarterwere3.35. 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. Ne ...