Despite Continued Strong Buy Rating, Trends In U.S. Consumer Segment Expected To Soften Considerably In 2H As Base Period Comparisons Become More Challenging And Raise Concerns Over 'Reversion To Mean' In
Over the past three months, shares of Scotts Miracle Gro (NYSE:SMG) moved lower by 19.02%. Before having a look at the importance of debt, let us look at how much debt Scotts Miracle Gro has.
Scotts Miracle-Gro (NYSE: SMG) reported Wednesday that company-wide sales grew by 32% year-over-year reaching $1.83 billion in the second quarter.
For the first half of fiscal 2021, the company reported sales of $2.58 billion, up by 47% from $1.75 billion in sales posted a year ago.