For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. According to the complaint, at the start of the class period, Scotts had an oversupply of inventory that far exceeded consumer demand. Recognizing that problem, Scotts executives engaged in a scheme to saturate the Company's sales channel with more product than those retailers could sell through to end users, a practice that required Scotts sales personnel to pressure retailers to purchase more invento ...

Click here to participate in the action. The complaint further alleges that in reality, Scotts' executives engaged in a scheme to saturate the Company's sales channels with more inventory than could be sold to end users. This scheme enabled Scotts to book as revenue the sales to its distributors and maintain earnings to debt ratios that just barely exceeded those required by its debt covenants. About Bragar Eagel & Squire, P.C.: Marion Passmore, Esq. (212) 355-4648 investigations@bespc.com www.bespc.com Sco ...

The Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (i) Scotts Miracle-Gro had an oversupply of inventory that far exceeded consumer demand; and (ii) Scotts Miracle-Gro executives engaged in a scheme to saturate Scotts Miracle-Gro's sales channel with more product than those retailers could sell through to end users, a practice that required Scotts Miracle-Gro sales personnel to pressure retailers to purchase more inventory than they wanted or needed ...

https://www.rgrdlaw.com/cases-the-scotts-miracle-gro-company-class-action-lawsuit-smg.html CASE ALLEGATIONS: Scotts Miracle-Gro produces various lawn, garden, and agricultural products for both consumer and professional purposes. If you suffered substantial losses and wish to serve as lead plaintiff of the Scotts Miracle-Gro class action lawsuit, please provide your information here: You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449- 4900 or via e-mail ...

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 ...