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Scotts Miracle-Gro Co (SMG.N)

SMG.N on New York Stock Exchange

93.06USD
17 Jan 2017
Change (% chg)

$-0.18 (-0.19%)
Prev Close
$93.24
Open
$93.25
Day's High
$93.25
Day's Low
$92.43
Volume
87,332
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111,482
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$98.50
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$63.23

Latest Key Developments (Source: Significant Developments)

Scotts Miracle-Gro announces commencement of exchange offer
Tuesday, 10 Jan 2017 05:01pm EST 

Scotts Miracle-gro Co : The Scotts Miracle-Gro company announces commencement of exchange offer for 6 percent senior notes due 2023 . Scotts Miracle-Gro -commenced a registered exchange offer to exchange any and all of its $400 million of 6 percent senior notes due 2023 .Scotts Miracle-Gro - Co says exchange offer will expire at 11:59 p.m., New York city time, on February 8, 2017, unless extended by co.  Full Article

Scotts Miracle-Gro - Co, unit entered second amendment to Master Accounts Receivable Purchase agreement
Friday, 26 Aug 2016 12:13pm EDT 

Scotts Miracle-Gro Co : Scotts Miracle-Gro Co - Co, unit entered second amendment to amended,restated Master Accounts Receivable Purchase agreement, dated as of Sept 25, 2015 . Says amendment extends the stated termination date of agreement through October 14, 2016 - SEC Filing Source - http://bit.ly/2bFNAYF Further company coverage: [SMG.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Scotts Miracle-Gro quarterly earnings per share $3.44
Wednesday, 3 Aug 2016 07:00am EDT 

Scotts Miracle-Gro Co : quarterly earnings per share $3.44 . quarterly earnings per share from continuing operations $2.06 . Q3 earnings per share view $2.12, revenue view $1.05 billion -- Thomson Reuters I/B/E/S . full-year EPS guidance range re-affirmed . quarterly dividend increases 6 percent to $0.50 per share . quarterly net sales $994.1 million versus $1,111 million . company now expects full-year sales growth of roughly 2 percent, most of which will be driven by acquisitions . signed a definitive agreement to acquire Botanicare; terms of transaction are not being disclosed . once transaction closes, company anticipates that Hawthorne will become its own reporting segment . sees 2016 pro forma adjusted earnings will likely be on bottom of current guidance range of $3.75 to $3.95 per share .FY2016 earnings per share view $3.85, revenue view $2.87 billion -- Thomson Reuters I/B/E/S.  Full Article

Scotts Miracle-Gro Co reaffirms FY 2016 EPS guidance
Tuesday, 3 May 2016 07:00am EDT 

Scotts Miracle-Gro Co:Reaffirms FY 2016 EPS guidance.Expects FY 2016 adjusted earnings per share to be in a range of $3.75 to $3.95 per share.  Full Article

Scotts Miracle-Gro Co reaffirms FY 2016 Guidance
Tuesday, 2 Feb 2016 07:00am EST 

Scotts Miracle-Gro Co:Reaffirms FY 2016 guidance.Expects FY 2016 company-wide net sales to increase by about 4 to 5 percent.Expects FY 2016 adjusted earnings per share to be in a range of $3.75 to $3.95 per share.  Full Article

Scotts Miracle-Gro Co announces quarterly dividend payment
Thursday, 28 Jan 2016 04:20pm EST 

Scotts Miracle-Gro Co:Board of Directors has approved the payment of a cash dividend of $0.47 per share.Second quarter dividend is payable on March 10.Record date as of February 25.  Full Article

Scotts Miracle-Gro Co announces joint venture and other strategic initiatives as part of multi-year plan
Thursday, 10 Dec 2015 10:00am EST 

Scotts Miracle-Gro Co:Scottsmiracle-gro announces joint venture and other strategic initiatives as part of multi-year plan to invest behind North American growth platforms.Company exploring strategic alternatives for European business, including possible joint venture.Says approximately $100 million in share repurchase activity planned during fiscal 2016.Approximately $100 million in share repurchase activity planned during fiscal 2016.Company refines fiscal 2016 outlook; re-affirms adjusted EPS guidance of $3.75 to $3.95.Expects to make a significant investment in the live goods industry during the next 90 days.Portion of proceeds are being contemplated for a potential joint venture for the company's European consumer busines.Expects to make a significant investment in the live goods industry during the next 90 days".To receive a cash distribution from jv of about $200 million and plans to use proceeds to fund other strategic investments.Says entered a definitive agreement to contribute Scotts lawnservice in a joint venture with trugreen holdings inc.At closing of the transaction, scottsmiracle-gro will own an equity stake of approximately 30 percent in the combined business.Says david alexander, trugreen's chief executive officer, will lead the combined company.  Full Article

Scotts Miracle-Gro Co gives FY 2016 guidance
Tuesday, 3 Nov 2015 07:00am EST 

Scotts Miracle-Gro Co:Provides initial financial guidance for FY 2016, projecting sales growth of 4 to 5 percent and adjusted earnings in the range of $3.75 to $3.95 per share.  Full Article

Scotts Miracle-Gro Co approves payment of a cash dividend
Tuesday, 27 Oct 2015 04:00am EDT 

Scotts Miracle-Gro Co:Approves payment of a cash dividend of $0.47 per share.Payable on Dec. 10 to shareholders of record as of Nov. 25.  Full Article

The Scotts Miracle Gro Company announces pricing of $400 million aggregate principal amount of senior notes due 2023
Wednesday, 7 Oct 2015 05:15pm EDT 

Scotts Miracle-Gro Co :The Scotts Miracle Gro Company announces pricing of $400 million aggregate principal amount of senior notes due 2023.Says pricing of its offering of $400 million aggregate principal amount of 6.000% senior notes due 2023.  Full Article

BRIEF-Scotts Miracle-Gro announces commencement of exchange offer

* The Scotts Miracle-Gro company announces commencement of exchange offer for 6 percent senior notes due 2023