Scotts Miracle-Gro falls on lower-than-expected Q2 revenue

Scotts Miracle-Gro

03/05/2023 16:12

**  Lawn and garden care consumer products marketer Scotts
Miracle-Gro Co's shares  SMG.N  down 3.5% at $66.94
    ** Co reported Q2 rev $1.53 bln vs $1.68 bln last year, also
below analysts' estimates of $1.61 bln- Refinitiv data 
    ** However, posted adj profit of $3.78/shr vs estimate of
$3.46/shr - Refinitiv data 
    ** SMG had risen 38.12% YTD

    

 (Reporting by Vedant Vinayak Vichare in Bengaluru)
 ((vedant.vinayakvichare@thomsonreuters.com))