financetom
Business
financetom
/
Business
/
Scotts Miracle-Gro Sees Double-Digit Point-of-Sale Unit Gains in Fiscal H1
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Scotts Miracle-Gro Sees Double-Digit Point-of-Sale Unit Gains in Fiscal H1
May 25, 2025 8:13 PM

10:44 AM EDT, 04/28/2025 (MT Newswires) -- Scotts Miracle-Gro ( SMG ) said Monday it sees double-digit point-of-sale unit gains through H1 of the fiscal year.

During an appearance on CNBC Mad Money last Friday, Chairman and Chief Executive Jim Hagedorn said the company is driving robust consumer takeaway in the run-up to the peak lawn and garden season, according to the company.

Initially, Hagedorn indicated that sales saw a double-digit growth for H1 of the fiscal year, and then explained that POS units were actually up double digits, the company said.

Scotts Miracle-Gro ( SMG ) is expected to release financial results for Q2 and H1 of the fiscal year before markets open on Wednesday.

The company's shares rose 4.2% in recent Monday trading.

Price: 55.31, Change: +2.23, Percent Change: +4.20

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Moody's says Boeing capital raise 'credit positive' but ratings review remains
Moody's says Boeing capital raise 'credit positive' but ratings review remains
Nov 3, 2024
Oct 29 (Reuters) - Ratings agency Moody's said on Tuesday that Boeing's ( BA ) stock offering is credit positive as it materially improves the planemaker's liquidity, but a review for a ratings downgrade is still ongoing. The equity raise is likely to take off the table the prospect of refinancing debt coming due through 4 February 2026, Moody's added....
Microsoft GitHub to Reportedly Add AI Models From Google, Anthropic to Copilot
Microsoft GitHub to Reportedly Add AI Models From Google, Anthropic to Copilot
Nov 3, 2024
01:25 PM EDT, 10/29/2024 (MT Newswires) -- Microsoft's ( MSFT ) GitHub plans to integrate AI models from Anthropic and Alphabet's (GOOG) Google ( GOOG ) into its coding assistant, GitHub Copilot, providing users other options than OpenAI's models, multiple media outlets reported Tuesday. Initially, developers will be able to use Google's ( GOOG ) Gemini and Anthropic's Claude 3.5...
SpartanNash Set to Acquire Markham Enterprises
SpartanNash Set to Acquire Markham Enterprises
Nov 3, 2024
01:28 PM EDT, 10/29/2024 (MT Newswires) -- SpartanNash ( SPTN ) said Tuesday that it has entered into an asset purchase agreement with Markham Enterprises, Markham Oil, and affiliates, which operate three fuel centers and convenience stores in mid-Michigan. The company said it will retain all 42 team members from Markham Enterprises after the transaction closes in early December. Terms...
What's Going On With Trump Media & Technology Stock On Tuesday?
What's Going On With Trump Media & Technology Stock On Tuesday?
Nov 3, 2024
Trump Media & Technology Group Corp ( DJT ) stock had multiple volatility halts Tuesday morning as prices fluctuated significantly. The stock was halted at 9:36 a.m. ET, showing a 14% gain, and again at 9:42 a.m., with shares up by nearly 9%, CNBC reports. At 10:21 a.m., the stock fell over 2%, prompting further halts. Also Read: MSCI Touts...
Copyright 2023-2026 - www.financetom.com All Rights Reserved