September 23, 2024

Scotts Miracle-Gro posts wider-than-expected loss, plans more cost cutting

 Scotts Miracle-Gro posts wider-than-expected loss, plans more cost cutting

Scotts Miracle-Gro Co.
SMG,
+0.98%
said Wednesday its fourth-quarter loss widened to $220.1 million, or $3.97 a share, from a loss of $47.8 million, or 86 cents a share, in the year-ago quarter…