ScottsMiracle-Gro Reports Second Quarter Results
Scotts Miracle-Gro Company (The) (SMG)
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am
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Source: GlobeNewswire
Strong first half 2024 execution has Company on pace for full-year targetsU.S. Consumer second quarter net sales of $1.38B equal record highQ2 2024 GAAP gross margin of 30.4% and non-GAAP adjusted gross margin of 35.3% reflect 350 and 60 basis point improvements, respectivelyStrong free cash flow delivers net leverage of 6.95x, well below covenant maximumQ2 2024 GAAP EPS of $2.74; non-GAAP Adjusted EPS of $3.69 are ahead of planTeams driving consumer engagement in Q3 representing 60 percent of seasonal POS MARYSVILLE, Ohio, May 01, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world’s largest marketer of branded consumer lawn and garden as well as a leader in indoor and hydroponic growing products, today announced its results for the second quarter ended March 30, 2024. “Through the first six months of our fiscal year, we exceeded operating plan targets and made progress on the most important financial metrics driving our business,” said Jim Hagedorn, ch
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SMG
News
- ScottsMiracle-Gro to Webcast Presentation at the William Blair 44th Annual Growth Conference on June 6, 2024GlobeNewswire
- Scotts Miracle-Gro (SMG) Q2 Earnings & Sales Top Estimates [Yahoo! Finance]Yahoo! Finance
- Global $90 Billion Floriculture Market Overview, 2024-2029: Rise in Demand for Sustainable and Eco-friendly Products, Expansion of Online and Direct-to-Consumer Sales Channels [Yahoo! Finance]Yahoo! Finance
- The Scotts Miracle-Gro Company (NYSE: SMG) had its price target lowered by analysts at Wells Fargo & Company from $85.00 to $83.00. They now have an "overweight" rating on the stock.MarketBeat
- Scotts Miracle-Gro Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
SMG
Earnings
- 5/1/24 - Beat
SMG
Sec Filings
- 5/21/24 - Form SD
- 5/9/24 - Form 4
- 5/8/24 - Form 10-Q
- SMG's page on the SEC website