Scotts Miracle-Gro Fiscal Q1 Adjusted Loss Narrows, Net Sales Rise -- Shares Up Pre-Bell

MT Newswires Live

2025/01/29

Scotts Miracle-Gro (SMG) reported a fiscal Q1 adjusted net loss Wednesday of $0.89 per diluted share, narrowing from a loss of $1.45 a year earlier.

Analysts surveyed by FactSet expected a loss of $1.23.

Net sales for the quarter ended Dec. 28 was $416.8 million, compared with $410.4 million a year earlier. Analysts surveyed by FactSet expected $392.1 million.

Shares were up 4% in recent premarket activity.

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