Aug. 10, 2022
Scotts’ Numbers Decline
Scotts Miracle-Gro’s sales declined by 26 per cent to $1.19 billion on a year-over-year basis. The U.S. consumer segment saw sales decline 14 per cent to $904.5 compared to the same time last year. Separately, the company announced Project Springboard, a cross-functional initiative to expand margins, improve cash flow, and strengthen its balance sheet.