The Scotts Miracle-Gro Company reported earnings results for the third quarter and nine months ended July 01, 2023. For the third quarter, the company reported sales was USD 1,118.7 million compared to USD 1,186.1 million a year ago. Net income was USD 43.7 million compared to net loss of USD 443.9 million a year ago. Basic earnings per share from continuing operations was USD 0.78 compared to basic loss per share from continuing operations of USD 8.01 a year ago. Diluted earnings per share from continuing operations was USD 0.77 compared to diluted loss per share from continuing operations of USD 8.01 a year ago.
For the nine months, sales was USD 3,176.8 million compared to USD 3,430.4 million a year ago. Net income was USD 88.3 million compared to net loss of USD 217.5 million a year ago. Basic earnings per share from continuing operations was USD 1.58 compared to basic loss per share from continuing operations of USD 3.91 a year ago. Diluted earnings per share from continuing operations was USD 1.57 compared to diluted loss per share from continuing operations of USD 3.91 a year ago.