The Scotts Miracle Gro Co Class A

SMG: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$71.00	Rhdcfp	Bwk

Scotts Miracle-Gro Earnings: Stock Dives After Management Cuts Outlook on Hawthorne Weakness

Seth Goldstein

May 4, 2023

We reduce our fair value estimate to $110 per share from $115 after updating our model to incorporate Scotts Miracle-Gro’s fiscal 2023 second-quarter results. Our narrow moat rating is unchanged.

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