Reports Q1 revenue $328.5M, consensus $357.62M. “We continue to make substantial progress on the initiatives that are central to our multi-year growth strategies and value-creation plans for our Company,” said Jim Hagedorn, chairman and CEO. “The divestiture of Hawthorne will bring immediate margin-accretive benefits while the share repurchase program reflects the confidence we have in the long-term growth prospects for our core consumer business as well as our ability to deliver greater shareholder returns.”
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