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Scotts Miracle-Gro Q3 2023 Earnings Report

Scotts Miracle-Gro logo
$70.77 -1.14 (-1.59%)
As of 03:41 PM Eastern
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Scotts Miracle-Gro EPS Results

Actual EPS
$1.17
Consensus EPS
$1.41
Beat/Miss
Missed by -$0.24
One Year Ago EPS
$1.98

Scotts Miracle-Gro Revenue Results

Actual Revenue
$1.12 billion
Expected Revenue
$1.15 billion
Beat/Miss
Missed by -$33.01 million
YoY Revenue Growth
-5.70%

Scotts Miracle-Gro Announcement Details

Quarter
Q3 2023
Time
Before Market Opens

Conference Call Resources

Conference Call Audio

Scotts Miracle-Gro Earnings Headlines

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Spinout of Scotts cannabis supply division back in the cards
Truist Financial Reaffirms Their Hold Rating on Scotts Miracle-Gro Company (SMG)
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About Scotts Miracle-Gro

Scotts Miracle-Gro (NYSE:SMG), together with its subsidiaries, manufactures, markets, and sells products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. It operates through three segments: U.S. Consumer, Hawthorne, and Other. The company provides lawn care products, comprising lawn fertilizers, grass seed products, spreaders, and other durable products, as well as lawn-related weed, pest, and disease control products; and gardening and landscape products, which include water-soluble and continuous-release plant foods, potting mixes, garden soils, mulches and ground cover products, plant-related pest and disease control products, organic garden products, and live goods and seeding solutions. It offers hydroponic products that help users to grow plants, flowers, and vegetables using little or no soil; lighting systems and components for use in hydroponic and indoor gardening applications; insect, rodent, and weed control products for home areas; and non-selective weed killer products. The company sells its products under the Scotts, Turf Builder, EZ Seed, PatchMaster, Thick'R Lawn, GrubEx, EdgeGuard, Handy Green II, Miracle-Gro, LiquaFeed, Shake N Feed, Hyponex, Earthgro, Nature Scapes, Ortho, Miracle-Gro Performance Organics, Miracle-Gro Organic Choice, Whitney Farms, EcoScraps, Mother Earth, Botanicare, General Hydroponics, Cyco, Gavita, Agrolux, HydroLogic Purification System, Gro Pro, AeroGarden, Titan, Tomcat, Ortho Weed B Gon, Roundup, Groundclear, and Alchemist brands. It serves home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, e-commerce platforms, and food and drug stores, as well as indoor gardening and hydroponic distributors, retailers, and growers. The Scotts Miracle-Gro Company was founded in 1868 and is headquartered in Marysville, Ohio.

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