Scotts Miracle-Gro Reports Higher Fiscal Q2 Non-GAAP Net Income, Net Sales
MT Newswires Live
Apr 29
Scotts Miracle-Gro (SMG) reported Wednesday fiscal Q2 non-GAAP net income from continuing operations of $4.53 per share, up 13% from a year earlier.
Analysts surveyed by FactSet expected $4.01.
Net sales for the quarter ended March 28 were $1.46 billion, up 5% from a year earlier.
Analysts polled by FactSet expected $1.41 billion.
For fiscal 2026, the company reaffirmed its non-GAAP net income outlook of $4.15 to $4.35 per share. Analysts surveyed by FactSet expect $4.32.
Shares of the company were up more than 5% pre-bell Wednesday.
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