Stock Track | Scotts Miracle-Gro Plummets 5.19% Intraday on Q1 Revenue Miss, Widened Loss and Hawthorne Unit Sale

Stock Track

01/28

Scotts Miracle-Gro Company's stock plummeted 5.19% during intraday trading on Wednesday, following the release of its fiscal first-quarter results.

The lawn and garden products company reported quarterly sales of $354.4 million, which fell short of analyst estimates. Additionally, the company's net loss widened significantly to $125 million for the quarter, compared to a loss of $69.5 million in the same period last year.

Concurrently, Scotts Miracle-Gro announced a deal to sell its Hawthorne gardening subsidiary, a cannabis-supply unit, to Vireo Growth. The company stated this move reduces its exposure to the volatile marijuana sector. Despite the weak quarterly results, the company reaffirmed its fiscal 2026 earnings guidance.

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Despite the weak quarterly results, the company reaffirmed its fiscal 2026 earnings guidance.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SMG","symbol_name":"Scotts Miracle-Gro Company","start_time":0,"source_url":"","article_id":"1181375561","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1181375561","pubTimestamp":1769611871,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Scotts Miracle-Gro Company's stock plummeted 5.19% during intraday trading on Wednesday, following the release of its fiscal first-quarter results.The lawn and garden products company reported...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SMG":"Scotts Miracle-Gro Company"},"translate_title":"个股追踪|Scotts Miracle-Gro盘中暴跌5.19%，因Q1营收未达预期、亏损扩大和Hawthorne部门出售","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SMG":1},"content_text":"Scotts Miracle-Gro Company's stock plummeted 5.19% during intraday trading on Wednesday, following the release of its fiscal first-quarter results.The lawn and garden products company reported quarterly sales of $354.4 million, which fell short of analyst estimates. 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