Scotts Miracle-Gro Reports Q4 Non-GAAP EPS Beat Amidst Revenue Miss
Scotts Miracle-Gro (NYSE: SMG) reported fourth-quarter financial results featuring a non-GAAP earnings per share of -$2.16, which exceeded analyst expectations by $0.05. However, the company's quarterly revenue reached $302.9 million, falling short of estimates by approximately $3.21 million. Despite the quarterly revenue miss and a 21.8% year-over-year decline in that specific segment, total net sales for the period rose 1% to $3.29 billion compared to the previous year. This growth was primarily attributed to strong performance in branded products and the ongoing expansion of the company's e-commerce channels.
Tickers: $SMG
Topics: earnings beat e-commerce net sales growth revenue miss
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