Reaffirms two-year free cash flow target of $1 billion, debt paydown of $350 million in fiscal '24 and full-year non-GAAP gross margin improvement of 250 bps Expects to reduce leverage to below 5 times EBITDA by fiscal year-end Projects non-GAAP adjusted EBITDA in range of $530 to $540 million, an approximate 20-percent improvement over prior year Anticipates mid single-digit growth in core consumer business versus prior year MARYSVILLE, Ohio, June 06, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company ...

Reaffirms two-year free cash flow target of $1 billion, debt paydown of $350 million in fiscal '24 and full-year non-GAAP gross margin improvement of 250 bps Expects to reduce leverage to below 5 times EBITDA by fiscal year-end Projects non-GAAP adjusted EBITDA in range of $530 to $540 million, an approximate 20-percent improvement over prior year Anticipates mid single-digit growth in core consumer business versus prior year MARYSVILLE, Ohio, June 06, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company ...

USA News Group Commentary Issued on behalf of Bee Vectoring Technologies International Inc. VANCOUVER, BC, May 30, 2024 /PRNewswire/ -- USA News Group – The current global food security situation is generating calls for international collaboration and strategies. A recent example titled The Case for U.S.-China Cooperation on Climate-Smart from the Center for Strategic & International Studies highlights the critical roles of two of the world's biggest economic superpowers. Currently, the International Atomic ...

Combined Company's footprint will provide access to Florida, New York, Texas, and Pennsylvania, with significant growth potential and future regulatory catalysts in all four states Combined Company expected to leverage Cansortium's robust operating expertise as well as RIV Capital's ~US$66 million1,2 cash balance, strengthening both its operating and financial position Transaction has the support of ScottsMiracle-Gro, which intends to exchange its existing convertible notes in RIV Capital for a new class of ...

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MARYSVILLE, Ohio, May 15, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will participate in the William Blair 44th Annual Growth Conference in Chicago on Thursday, June 6, 2024. Matt Garth, Chief Financial and Administrative Officer, will be a featured speaker at the conference presenting a business update at approximately 8:00 CT. Investors and other interested parties ...

MARYSVILLE, Ohio, May 15, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will participate in the William Blair 44th Annual Growth Conference in Chicago on Thursday, June 6, 2024. Matt Garth, Chief Financial and Administrative Officer, will be a featured speaker at the conference presenting a business update at approximately 8:00 CT. Investors and other interested parties ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________________________ The Scotts Miracle-Gro Company (Exact name of registrant as specified in its charter) ____________________________________________ (State or other jurisdiction of incorporation or organization) Ohio 31-1414921 (I.R.S. Employer Identification No.) FORM 10-Q _________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For th ...

The Scotts Miracle-Gro Company (SMG) reported a second-quarter fiscal 2024 (ended Mar 30, 2024) profit of $157.5 million or $2.74 per share, roughly 44% higher than $109.4 million or $1.94 per share in the prior-year quarter.Barring one-time items, the adjusted earnings were $3.69 per share compared with $3.78 a year ago, topping the Zacks Consensus Estimate of $3.35.    The company’s net sales in the fiscal second quarter were $1,525.4 million, which beat the Zacks Consensus Estimate of $1,498.3 million. N ...

The Scotts Miracle-Gro Company (NYSE:SMG) Q2 2024 Earnings Conference Call May 1, 2024 9:00 AM ET Company Participants Aimee DeLuca - Senior Vice President of Investor Relations Jim Hagedorn - Chairman, President, & Chief Executive Officer Matt Garth - Chief Financial & Administrative Officer Nate Baxter - Chief Operating Officer Chris Hagedorn - Group President, Hawthorne Joshua Miles - Director Global Procurement at Hawthorne Gardening Conference Call Participants Jon Andersen - William Blair Andrew Carte ...