Key Developments: Scotts Miracle-Gro Co (SMG.N)
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Latest Key Developments (Source: Significant Developments)
Scotts Miracle-Gro Co Reaffirms FY 2013 Guidance
Scotts Miracle-Gro Co announced that for fiscal 2013, it expects net sales to range from a 1% decrease to an increase of 1% compared to a year ago and reaffirmed its expectations for fiscal 2013 adjusted earnings per share from continuing operations in the range of $2.50 to $2.75. The Company reported revenue of $2.826 billion in fiscal 2012. Full Article
Scotts Miracle-Gro Co Changes Record Date For Payment Of Third Quarter Dividend
Scotts Miracle-Gro Co announced that it has changed the record date of its third quarter dividend to May 28, 2013 from May 27, 2013. The cash dividend of $0.325 per share remains payable on June 10, 2013. Full Article
Scotts Miracle-Gro Co Declares Third Quarter Dividend
Scotts Miracle-Gro Co announced that Board of Directors has approved the payment of a cash dividend of $0.325 per share. The dividend is payable June 10, 2013, to shareholders of record on May 27, 2013. Full Article
Scotts Miracle-Gro Co Reaffirms FY 2013 EPS Guidance
TScotts Miracle-Gro Co reaffirmed its fiscal 2013 guidance and expects adjusted earnings per share (EPS) from continuing operations in the range of $2.50 to $2.75. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $2.61 for fiscal 2013. Full Article
Scotts Miracle-Gro Co Names Larry Hilsheimer As Chief Financial Officer
Scotts Miracle-Gro Co announced that Larry Hilsheimer has been named executive vice president and Chief Financial Officer effective immediately. Full Article
Scotts Miracle-Gro Co Reaffirms FY 2013 Guidance-Conference Call
Scotts Miracle-Gro Co announced that for fiscal 2013, it expects total Company wide sales of 1% to 3% and EPS guidance in the range of $2.50 to $2.75 per share. The Company reported revenue of $2.826 billion in fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $2.892 billion and EPS of $2.63 for fiscal 2013. Full Article
Scotts Miracle-Gro Co Reaffirms FY 2013 Guidance
Scotts Miracle-Gro Co announced that it continues to expect company-wide net sales to increase by approximately 1% to 3% in fiscal 2013 on flat unit volume, modest price increases in its core business and the continued strong performance of Scotts LawnService. The Company reaffirmed expectations for fiscal 2013 adjusted earnings per share from continuing operations in the range of $2.50 to $2.75. The Company reported revenue of $2.826 billion in fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of revenue of $2.884 billion and EPS of $2.60 for fiscal 2013. Full Article
Scotts Miracle-Gro Co Announces Resignation of Chief Financial Officer
Scotts Miracle-Gro Co announced that Dave Evans has resigned as chief financial officer and executive vice president and has accepted a similar role with Columbus-based Battelle, nonprofit research and development organization. Evans will remain at the Company through the filing of its first quarter results in mid February and is actively working with Hagedorn and the Board of Directors on creating an orderly transition. The Company has begun identifying and interviewing internal and external candidates for the role. Full Article
Scotts Miracle-Gro Co Declares Second Quarter Dividend
Scotts Miracle-Gro Co announced that its Board of Directors has approved the payment of a cash dividend of $0.325 per share. The dividend is payable on March 8, 2013 , to shareholders of record on February 22, 2013 . Full Article
Scotts Miracle-Gro Co Reaffirms FY 2013 EPS Guidance
Scotts Miracle-Gro Co announces that for fiscal 2013, it expects earnings per share (EPS) in the range of $2.50 to $2.75. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $2.60 for fiscal 2013. Full Article

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