Scotts Miracle-Gro's Q1 Earnings and Revenues Beat Estimates
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Scotts Miracle-Gro (SMG) reported Q1 earnings and revenues that exceeded estimates. The company experienced a double-digit increase in sales in its U.S. Consumer division, which helped offset a decline in its Hawthorne unit.
February 03, 2025 | 1:15 pm
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Scotts Miracle-Gro's Q1 earnings and revenues surpassed expectations, driven by strong performance in the U.S. Consumer division, despite a decline in the Hawthorne unit.
The positive earnings and revenue results, driven by a significant increase in U.S. Consumer division sales, suggest a strong performance that could boost investor confidence and positively impact SMG's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100