Scotts Miracle-Gro (SMG) reported a fiscal Q1 non-GAAP loss Wednesday of $0.77 per diluted share, narrowing from a loss of $0.88 a year earlier.
Analysts surveyed by FactSet expected a loss of $1 per share.
Net sales for the quarter ended Dec. 27 were $354.4 million, down from $366.6 million a year earlier.
Analysts polled by FactSet expected $357.6 million.
For fiscal 2026, the company reaffirmed its non-GAAP earnings of $4.15 to $4.35 per share. Analysts surveyed by FactSet expect $4.30.
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