Reports Q1 revenue $416.8M, consensus $392.04M. “We’ve had a solid start to the fiscal year driven by robust performance in our U.S. Consumer business,” said Jim Hagedorn, chairman and CEO. “The year-over-year improvement in both shipments and POS is the result of strong retailer optimism for the upcoming lawn and garden season coupled with exceptional consumer engagement through the fall.”
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SMG:
- SMG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Scotts Miracle-Gro price target lowered to $72 from $77 at UBS
- Scotts Miracle-Gro files automatic mixed securities shelf
- AMD downgraded, PayPal upgraded: Wall Street’s top analyst calls
- Scotts Miracle-Gro initiated with a Hold at Jefferies