Scotts Miracle-Gro reports Q2 adjusted EPS $3.98, consensus $3.93

Reports Q1 revenue $1.42B, consensus $1.5B.”We have made substantial progress in the key financial metrics that support our full-year guidance,” said Jim Hagedorn, chairman and CEO. “We are equally pleased with our year-to-date consumer product sales to retailers, given they are essentially flat excluding non-repeating fiscal ’24 sales. An important underlying story is POS, as for the second straight quarter we drove double-digit increases in consumer takeaway, reflecting the power of our franchise and health of our consumer. This, combined with the fact that we are largely unaffected by tariffs this fiscal year, reaffirms our confidence in our outlook.”