1310 ET - Scotts Miracle-Gro maintaining its full-year guidance is more important than the softening sales it reported for F2Q, since that revenue depends more on the timing of shipments and the heart of the lawn and garden season appears to have shifted back into F3Q, Truist analysts say in a research note. More than two thirds of the company's annual sales fall betweenF2Q and F3Q, and revenue can shift between based on numerous dynamics, the analysts say. They think shares are oversold, and are encouraged by Scotts holding tight to its U.S. consumer outlook, its improving gross margin and growth in its point-of-sale performance. Scotts Miracle-Gro tumbles 12%.(dean.seal@wsj.com)

(END) Dow Jones Newswires

April 30, 2025 13:10 ET (17:10 GMT)

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