Edition:
United States

Scotts Miracle-Gro Co (SMG)

SMG on New York Consolidated

93.09USD
21 Jul 2017
Change (% chg)

$-0.08 (-0.09%)
Prev Close
$93.17
Open
$93.21
Day's High
$93.25
Day's Low
$93.09
Volume
2,835
Avg. Vol
469,254
52-wk High
$98.82
52-wk Low
$73.13

Latest Key Developments (Source: Significant Developments)

Scottsmiracle-Gro sees FY 2017 adjusted EPS $4.00 to $4.20
Tuesday, 13 Jun 2017 07:30am EDT 

June 13 (Reuters) - Scotts Miracle-gro Co :Scottsmiracle-Gro updates fiscal 2017 sales and adjusted eps outlook.Scotts miracle-gro co - increased share repurchase activity in recent weeks and expects to repurchase $250 to $275 million of its shares on a full-year basis.Scotts miracle-gro co - now expects fy sales in its u.s. Consumer segment to be slightly down from last year.Sees fy 2017 adjusted earnings per share $4.00 to $4.20.Scotts miracle-gro says ‍increased share repurchase activity in recent weeks, expects to repurchase $250 to $275 million of its shares on a full-year basis​.Scotts miracle-gro - now expects adjusted earnings for fiscal 2017 to range from $4.00 to $4.20 per share compared to an original range of $4.10 to $4.30 per share.Scotts miracle-gro co - momentum in co's hawthorne gardening business remains "strong" with sales up 17 percent on a year-over-year basis entering june.Scotts miracle-gro - expected company-wide sales growth of 3 to 4 percent in fy​.Scotts miracle-gro - completion of 2 small acquisitions expected to be immediately accretive to earnings, adding $0.05 to $0.07 to eps on annualized basis.Scotts miracle-gro co - lowering its full year guidance due to an "anticipated shortfall in sales".Fy2017 earnings per share view $4.19 -- Thomson Reuters I/B/E/S.  Full Article

Scotts Miracle-Gro Co, co's unit enters into a master repurchase agreement
Thursday, 13 Apr 2017 04:18pm EDT 

Scotts Miracle-Gro Co : Scotts Miracle-Gro Co - on April 7, 2017, co's unit entered into a master repurchase agreement and a master framework agreement . Scotts Miracle-Gro - under receivables facility, scotts llc may sell a portfolio of available and eligible outstanding customer accounts receivable to purchasers . Scotts Miracle-Gro Co - under receivables facility, scotts llc simultaneously agrees to repurchase receivables on a weekly basis. . Scotts Miracle-Gro Co - eligible accounts receivable consist of up to $250 million in accounts receivable generated by sales to three specified customers . Scotts Miracle-Gro Co - receivables facility is committed up to $100 million during commitment period beginning on april 7, 2017 and ending on June 16, 201 .Scotts Miracle-Gro Co - Scotts Miracle-Gro has guaranteed all of Scotts LLC's obligations under receivables facility..  Full Article

The Scotts Miracle-Gro Company announces expiration and results of exchange offer for 6.000% senior notes due 2023
Thursday, 9 Feb 2017 06:11pm EST 

Scotts Miracle-Gro Co : The Scotts Miracle-Gro Company announces expiration and results of exchange offer for 6.000% senior notes due 2023 .Scotts Miracle-Gro -As of Feb 8, 2017 $400 million aggregate principal amount of original notes validly tendered for exchange and not validly withdrawn.  Full Article

Scotts Miracle-Gro Q1 GAAP loss per share $1.08 from continuing operations
Tuesday, 31 Jan 2017 07:00am EST 

Scotts Miracle-gro Co : Scotts Miracle-Gro reports strong first quarter results; company-wide sales increase 27% due to acquisitions, strong u.s. Demand . Q1 adjusted non-GAAP loss per share $0.96 from continuing operations excluding items . Q1 GAAP loss per share $1.08 from continuing operations . Q1 earnings per share view $-1.25 -- Thomson Reuters I/B/E/S . Sees FY 2017 sales up 6 to 7 percent . Q1 sales $246.8 million versus I/B/E/S view $232.9 million . Sees FY 2017 adjusted pro forma earnings per share $4.10 to $4.30 .Fy2017 earnings per share view $4.23 -- Thomson Reuters I/B/E/S.  Full Article

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

BRIEF-Scottsmiracle-Gro sees FY 2017 adjusted EPS $4.00 to $4.20

* Scottsmiracle-Gro updates fiscal 2017 sales and adjusted eps outlook