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Scotts Miracle-Gro Co (SMG.N)

SMG.N on New York Stock Exchange

75.51USD
17 Aug 2018
Change (% chg)

$0.41 (+0.55%)
Prev Close
$75.10
Open
$75.06
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$74.50
Volume
61,645
Avg. Vol
147,133
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$109.75
52-wk Low
$72.71

Latest Key Developments (Source: Significant Developments)

Scotts Miracle-Gro Says Co Entered Into Fifth Amended And Restated Credit Agreement
Wednesday, 11 Jul 2018 04:39pm EDT 

July 11 (Reuters) - Scotts Miracle-Gro Co ::SCOTTS MIRACLE-GRO CO SAYS ON JULY 5, CO ENTERED INTO FIFTH AMENDED AND RESTATED CREDIT AGREEMENT - SEC FILING.SCOTTS MIRACLE-GRO CO - LENDERS COMMITTED TO PROVIDE CO & SOME UNITS WITH 5-YEAR, $2.3 BILLION SENIOR SECURED LOAN FACILITIES.SCOTTS MIRACLE-GRO - AGREEMENT PROVIDES CO RIGHT TO SEEK EXTRA $500 MILLION COMMITTED CREDIT, UNLIMITED ADDITIONAL AMOUNT, SUBJECT TO TERMS.  Full Article

Scotts Miracle-Gro Reports Q1 GAAP Loss Per Share Of $0.35 From Continuing Operations
Tuesday, 30 Jan 2018 07:00am EST 

Jan 30 (Reuters) - Scotts Miracle-Gro Co ::SCOTTSMIRACLE-GRO REPORTS FIRST QUARTER RESULTS; COMPANY-WIDE SALES INCREASE 7% DUE TO HAWTHORNE ACQUISITIONS.Q1 ADJUSTED NON-GAAP LOSS PER SHARE $1.08 FROM CONTINUING OPERATIONS EXCLUDING ITEMS.Q1 GAAP LOSS PER SHARE $0.35 FROM CONTINUING OPERATIONS.Q1 EARNINGS PER SHARE VIEW $-0.94 -- THOMSON REUTERS I/B/E/S.Q1 SALES $221.5 MILLION VERSUS I/B/E/S VIEW $234.1 MILLION.FULL-YEAR SALES GUIDANCE REDUCED TO A RANGE OF 2 TO 4 PERCENT.SCOTTS MIRACLE-GRO - INCREASED FISCAL 2018 NON-GAAP ADJUSTED EARNINGS GUIDANCE TO A RANGE OF $4.60 TO $4.80 PER SHARE.‍ LOWER TAX RATE AND SHARE COUNT HAD A NEGATIVE IMPACT OF ABOUT $0.15 ON NON-GAAP EARNINGS IN QUARTER​.  Full Article

Scotts Miracle-Gro Co Says CEO James Hagedorn's FY 2017 Total Compensation Was $22.1 mln
Thursday, 14 Dec 2017 03:21pm EST 

Dec 14 (Reuters) - Scotts Miracle-Gro Co ::SCOTTS MIRACLE-GRO CO SAYS CEO JAMES HAGEDORN'S FY 2017 TOTAL COMPENSATION WAS $22.1 MILLION VERSUS $8.5 MILLION IN FY 2016 - SEC FILING.SCOTTS MIRACLE-GRO CO SAYS CEO JAMES HAGEDORN'S FY 2017 TOTAL COMPENSATION INCLUDES $18.3 MILLION OF STOCK AWARDS VERSUS $2.3 MILLION OF STOCK AWARDS IN FY 2016.SCOTTS MIRACLE-GRO CO SAYS CFO THOMAS COLEMAN'S FY 2017 TOTAL COMPENSATION WAS $6.6 MILLION INCLUDING STOCK AWARDS OF $5.2 MILLION.  Full Article

ScottsMiracle-Gro says Q4 GAAP loss per share $0.72
Tuesday, 7 Nov 2017 07:00am EST 

Nov 7 (Reuters) - ScottsMiracle-Gro Co -:FY2018 earnings per share view $4.38 -- Thomson Reuters I/B/E/S.ScottsMiracle-Gro announces fiscal 2017 results; record operating cash flow; sales and earnings in line with guidance.Sees FY 2018 adjusted non-GAAP earnings per share $4.15 to $4.35.Sees FY 2018 sales up 4 to 6 percent.Q4 GAAP loss per share $0.72.Q4 sales $376.7 million versus I/B/E/S view $371.6 million.Q4 earnings per share view $-0.29 -- Thomson Reuters I/B/E/S.ScottsMiracle-Gro Co - ‍gross margin rate is expected to decline by 50-100 basis points in 2018​.ScottsMiracle-Gro Co - qtrly ‍non-GAAP SLS divestiture adjusted EPS loss of $0.26​.  Full Article

Scotts Miracle-Gro sees fy adjusted non-GAAP earnings per share $3.85 to $3.95
Wednesday, 18 Oct 2017 04:00pm EDT 

Oct 19 (Reuters) - Scotts Miracle-Gro Co :Scotts Miracle-Gro Co provides recast of non-GAAP historical financial results related to international divestiture.Sees fy adjusted non-GAAP earnings per share $3.85 to $3.95.Fy2017 earnings per share view $4.08 -- Thomson Reuters I/B/E/S.  Full Article

Scotts Miracle-Gro - ‍Unit entered into amendment no. 1 to master framework agreement ​
Thursday, 31 Aug 2017 05:24pm EDT 

Sept 1 (Reuters) - Scotts Miracle-Gro Co :Scotts Miracle-Gro Co - ‍Unit entered into amendment no. 1 to master framework agreement ​.Scotts Miracle-Gro Co - ‍Amendment extends expiration date of receivables facility from August 25, 2017 to August 24, 2018​.Scotts Miracle-Gro Co - ‍Amendment increases eligible amount of customer accounts receivable which may be sold from up to $250 million to up to $400 million​.Scotts Miracle-Gro Co - ‍Scotts Miracle-Gro continues to guarantee all of Scotts llc's obligations under receivables facility​.Scotts Miracle-Gro - Amendment increases commitment amount of receivables facility during seasonal commitment period from up to $100 million to up to $160 million​.Scotts Miracle-Gro - Amendment defines seasonal commitment period of receivables facility as beginning on Feb 23, 2018 and ending on June 15, 2018​.  Full Article

‍Scotts Miracle-Gro completes sales of European and Australian businesses
Thursday, 31 Aug 2017 04:00pm EDT 

Aug 31 (Reuters) - Scotts Miracle-gro Co :‍Scotts Miracle-Gro completes sales of European and Australian businesses; company receives $87 million dividend from Trugreen​.  Full Article

The scotts miracle-gro company increases quarterly dividend by 6 percent to $0.53 per share
Tuesday, 1 Aug 2017 03:46pm EDT 

Aug 1 (Reuters) - Scotts Miracle-gro Co :The scotts miracle-gro company increases quarterly dividend payment.Increases quarterly dividend by 6 percent to $0.53 per share.The scotts miracle-gro company increases quarterly dividend payment.  Full Article

Scotts Miracle-Gro announces Q3 results
Tuesday, 1 Aug 2017 07:00am EDT 

Aug 1 (Reuters) - Scotts Miracle-gro Co :Scotts Miracle-Gro announces third quarter results led by strong sales growth in U.S. core and hawthorne gardening company.Q3 adjusted non-GAAP earnings per share $2.63 excluding items.Q3 GAAP earnings per share $2.53 from continuing operations.Q3 earnings per share view $2.51 -- Thomson Reuters I/B/E/S.Q3 sales $1.08 billion versus I/B/E/S view $1.06 billion.Scotts Miracle-Gro Co says "remain confident in revised sales and earnings guidance we provided in june".Scotts Miracle-Gro Co says will generate more than $300 million in operating cash flow in fiscal 2017.Scotts Miracle-Gro Co says full-year sales and non-gaap eps guidance range re-affirmed.  Full Article

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

BRIEF-Scottsmiracle-Gro Appoints Of Former CFO David Evans To Its Board

* SCOTTSMIRACLE-GRO ANNOUNCES THE APPOINTMENT OF FORMER CHIEF FINANCIAL OFFICER DAVID EVANS TO ITS BOARD OF DIRECTORS Source text for Eikon: Further company coverage: