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Stock impact report

ScottsMiracle-Gro Reports Second Quarter Results [Yahoo! Finance]

Scotts Miracle-Gro Company (The) (SMG) 
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Q2 2024 GAAP gross margin of 30.4% and non-GAAP adjusted gross margin of 35.3% reflect 350 and 60 basis point improvements, respectively Strong free cash flow delivers net leverage of 6.95x, well below covenant maximum Q2 2024 GAAP EPS of $2.74; non-GAAP Adjusted EPS of $3.69 are ahead of plan Teams 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, chairman, CEO and president. “We're in a favorable position to achieve our fiscal 2024 guidance as well as meet our goals for cash f Show less Read more
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