The Scotts Miracle-Gro Co. (SMG)

[MiamiGent]

SMG $57.86 -13.58 (-19.01%)

It's pot growing equipment biz slumped. Possibly growers too high to work?

https://stockcharts.com/h-sc/ui?s=smg

Scotts Miracle Gro Q3 EPS $1.17 Misses $1.41 Estimate, Sales $1.12B Miss $1.16B Estimate
BENZINGA
7:03 AM ET Aug-02-2023

Scotts Miracle Gro (NYSE:SMG) reported quarterly earnings of $1.17 per share which missed the analyst consensus estimate of $1.41 by 17.02 percent. This is a 40.91 percent decrease over earnings of $1.98 per share from the same period last year. The company reported quarterly sales of $1.12 billion which missed the analyst consensus estimate of $1.16 billion by 3.53 percent. This is a 5.66 percent decrease over sales of $1.19 billion the same period last year.