Scotts Miracle-Gro Fiscal Q3 Adjusted Earnings Rise, Sales Fall; Full-Year EPS Guidance Reaffirmed

MT Newswires Live
Jul 30

Scotts Miracle-Gro (SMG) reported fiscal Q3 non-GAAP net income Wednesday of $2.59 per diluted share, up from $2.31 a year earlier.

Analysts polled by FactSet expected $2.26.

Net sales for the quarter ended June 28 were $1.19 billion, down from $1.20 billion a year earlier.

Analysts surveyed by FactSet expected $1.23 billion.

The company said it continues to expect fiscal 2025 non-GAAP EPS of at least $3.50. Analysts polled by FactSet expect $3.55.

Scotts Miracle-Gro shares were up 3.1% in recent premarket activity.

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