Scotts Miracle-Gro Hits Record Q2 U.S. Consumer Sales & Acquires Australia-Based Cyco, Here Is What You Need To Know

Scotts Miracle-Gro (NYSE:SMG), announced record second-quarter sales in its U.S. consumer segment driven by continued support from its major retail partners. The growth was offset by an expected decline in Hawthorne sales, leading to company-wide sales that were 8 percent lower than the same period a year ago.

For the quarter ended April 2, 2022, GAAP earnings from continuing operations were $4.94 per diluted share compared with $5.44 per diluted share in the prior year.