Jan. 29 at 2:13 PM
$SMG narrows Q1 loss but struggles with sales decline 📉
Despite a narrower adjusted loss of 77 cents per share, beating the Zacks Consensus Estimate, net sales fell 3% year over year. The U.S. Consumer segment saw a 4% decline in sales to
$328.5 million, though it beat the estimate of
$312 million.
Understand the full outlook for SMG here 👉 https://www.zacks.com/stock/news/2825036/scotts-miracle-gros-q1-earnings-and-revenues-beat-estimates?cid=sm-stocktwits-2-2825036-body-30894&ADID=SYND_STOCKTWITS_TWEET_2_2825036_BODY_30894
