Scotts Miracle-Gro sees continued improvement in Q2 financial metrics [Seeking Alpha]
Scotts Miracle-Gro Company (The) (SMG)
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am
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Source: Seeking Alpha
"Net leverage not only will be comfortably below the second-quarter maximum and better than Q1, but it also will be a less critical metric going forward as debt reduction and covenant compliance are manageable," Chairman, CEO and President Jim Hagedorn said. Scotts Miracle-Gro ( SMG ) delivered near-record retail shipments in Q2 coupled with YTD POS units trending to mid-teens percentage growth compared to last year, Hagedorn said. "Free cash flow in the first half of the year outperformed expectations, providing solid support for achieving the balance of our $1B free cash flow target in the fiscal '23 and '24 period," the CEO said. The company will issue a detailed Q2 earnings report on May 1. Recommended For You More Trending News Recommended For You More Trending News About SMG Stock Related Stocks Trending Analysis Trending News
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News
- Global $90 Billion Floriculture Market Overview, 2024-2029: Rise in Demand for Sustainable and Eco-friendly Products, Expansion of Online and Direct-to-Consumer Sales Channels [Yahoo! Finance]Yahoo! Finance
- The Scotts Miracle-Gro Company (NYSE: SMG) had its price target lowered by analysts at Wells Fargo & Company from $85.00 to $83.00. They now have an "overweight" rating on the stock.MarketBeat
- Scotts Miracle-Gro Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Scotts Miracle-Gro (SMG) Q2 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Scotts (SMG) Reports Q2 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
SMG
Earnings
- 5/1/24 - Beat
SMG
Sec Filings
- 5/1/24 - Form 8-K
- 4/30/24 - Form 4
- 4/29/24 - Form 4
- SMG's page on the SEC website