The Scotts Miracle Gro Co Class A
SMG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| p$b | LOCK|wrft | LOCK|<B |
Scotts Miracle-Gro Earnings: Short-Term Positive Results Anticipate Continued Post-Covid Recovery
Shares of Scotts Miracle-Gro were down 5% despite strong fiscal first-quarter results with positive adjusted EBITDA during the seasonally light quarter. The market reacted negatively to management maintaining guidance that assumes sales growth deceleration throughout the year.
