CSIMarket


Scotts Miracle gro Co  (SMG)
Other Ticker:  
 


 

Scotts Miracle gro Co

SMG's Financial Statements and Analysis



Scotts Miracle gro Co increased first quarter of 2024 net loss per share of $-1.42 compare to net loss per share of $-1.17 recorded in the same quarter a year ago and improved compare to net loss per share of $-8.29 realized in previous quarter.


first quarter of 2024
Earnings Per Share Revenues
$ -1.42 $  416 Mill
$-0.25     $-100M     -19.39 %



Scotts Miracle Gro Co's Revenue fell by -19.39 % in first quarter of 2024 (Dec 30 2023) year on year, to $416 million and advanced by 18.81 % sequentially.


Scotts Miracle Gro Co is

More on SMG's Income Statement



Scotts Miracle Gro Co's in thefirst quarter of 2024 recorded net loss of $-80.500 million, an increase from net loss of $-64.700 million in I. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-468.500 million realized in previous quarter.

More on SMG's Growth

Scotts Miracle Gro Co Inventories
Inventories declined by -23.35 % to $1,169.60 million from I. Quarter a year ago, sequentially inventories rose by 32.86 %. In Dec 30 2023 company's net cash and cash equivalents decreased by $-22 million, capital expenditures fell by -29.628.04%, to $-38 millions compare to same quarter a year ago

More on SMG's Cash flow Statement


Scotts Miracle gro Co payed out dividend of $2.66 per share in last 52 weeks

In trailing twelve-month period Scotts Miracle gro Co earned $ 10.92 cash per share, on a free-cash flow basis .


Tangible Book value fell to $ -18.74 per share from $ -16.93.

Company issued 0.72 million shares or 1.29 % in Dec 30 2023.


More on SMG's Dividends

 Market Capitalization (Millions) 3,829
 Shares Outstanding (Millions) 57
 Total Debt (Millions $) 3,024
 Revenue (TTM) (Millions $) 3,265
 Net Income (TTM) (Millions $) -396
 Cash Flow (TTM) (Millions $) -15
 Capital Exp. (TTM) (Millions $) -101
 Dividend TTM ($) 2.66 $
 Dividend Yield TTM (%) 3.91 %
 Employees (TTM) $ 5,100




Scotts Miracle gro Co payed out dividend of $2.66 per share in the last 52 weeks

In trailing twelve-month period Scotts Miracle gro Co had $ 10.92 cash flow per share, on a free-cash flow basis .


Tangible Book value fell to $ -18.74 per share from $ -16.93.

Company issued 0.72 million shares or 1.29 % in Dec 30 2023.


More on SMG's Balance Sheets

 Market Capitalization (Millions) 3,829
 Shares Outstanding (Millions) 57
 Total Debt (Millions $) 3,024
 Revenue (TTM) (Millions $) 3,265
 Net Income (TTM) (Millions $) -396
 Cash Flow (TTM) (Millions $) -15
 Capital Exp. (TTM) (Millions $) -101
 Dividend TTM ($) 2.66 $
 Dividend Yield TTM (%) 3.91 %
 Employees (TTM) $ 5,100
   


  News about Scotts Miracle gro Co Earnings

Scotts Miracle-Gro Co. Struggles to Maintain Profitability as Losses Deepen and Revenue Declines

The recent financial performance of Scotts Miracle-Gro Co is indeed cause for concern. With losses widening to $-1.42 per share compared to $-1.17 a year ago, it is evident that the company is facing significant challenges in maintaining profitability. The decline in revenue by -19.388% to $416.20 million from $516.30 million in the previous year only adds to the bleak outlook for the company.
One of the key reasons for the decline in revenue could be attributed to the decrease in quarterly sales for the company. Despite initiatives such as the collaboration with the Alliance for Water Efficiency to promote sustainable water usage, the financial results for the third quarter of 2023 revealed a disappoint...

Reviving Growth: Scotts Miracle Gro Unveils Strategies after Deficit on Weak Sales in the Financial Fourth Quarter of 2023

Scotts Miracle-Gro Co, a leading marketer of lawn and garden products, has reported a loss per share of $-8.29 for the July to September 30, 2023 interval, compared to $-3.95 in the same period the previous year. This represents a significant increase in the loss per share. Additionally, the company's earnings per share fell from $0.77 in the previous reporting season.
The company also experienced a decline in revenue, with a respectable decrease of -13.421% to $350.30 million from $404.60 million in the same reporting season the previous year. Sequentially, there was a significant tumble in revenue by -67.741% from $1.09 billion. Furthermore, Scotts Miracle-Gro Co recorded a net loss of $-468.500 milli...

A Bloomin' Miracle: Scotts Miracle Gro Co Makes a Stunning Financial Comeback in Q3 2023

As an avid investor and follower of the financial markets, I couldn't help but notice the recent financial results of Scotts Miracle Gro Co. The third quarter of 2023 has proven to be a turning point for the company, as earnings per share turned positive at $0.77, compared to a staggering loss of $8.01 per share a year prior. This phenomenal improvement exhibits the company's commitment to financial growth and stability.
Despite this positive shift, it is important to note that Scotts Miracle Gro Co experienced a significant decrease in profits of -60.31% from the preceding reporting season, dropping from $1.94 per share. However, it is essential to put this decline into perspective and consider the chal...

Scotts Miracle Gro Co's Financial Performance Deteriorates Amidst Challenging Times

Scotts Miracle Gro Co, a leading provider of lawn and garden care products, has been experiencing a significant decline in its revenue and earnings. The company's revenue per employee has fallen on a trailing twelve month basis to $677,255, indicating a lack of efficient utilization of its workforce. Although the productivity of its employees remains above the company average, 28 other companies in the Consumer Non Cyclical sector have achieved higher revenue per employee, pointing to potential inefficiencies in Scotts Miracle Gro Co's operations.
The company's overall ranking has also deteriorated compared to the first quarter of 2...


Date modified: 2024-02-08T08:37:53+00:00





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com