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ScottsMiracle-Gro Reaffirms Fiscal 2025 Guidance, Reports Strong Consumer Engagement in Peak Lawn and Garden Season
Globenewswire· 2025-06-05 11:00
Core Viewpoint - The Scotts Miracle-Gro Company reaffirms its fiscal year 2025 guidance, indicating confidence in its performance during the peak lawn and garden season and projecting significant growth in earnings and reduced interest expenses [1][4][5]. Financial Performance - The company reported year-to-date increases in point-of-sale (POS) units and dollars, consistent with trends from the first half of the fiscal year [2]. - Interest expense is projected to be approximately $30 million lower than the previous year, an improvement from earlier estimates of a $15 million to $20 million decrease [3]. - The diluted share count is expected to increase by approximately 1 million, down from a previous estimate of 2 million [3]. - Non-GAAP adjusted earnings per diluted share are projected to be at least $3.50, representing a 53% increase compared to the prior year [3]. Strategic Outlook - The company aims to improve shareholder returns and achieve multi-year objectives, with a focus on delivering adjusted EBITDA and free cash flow targets [4]. - The goal is to exit 2025 with a significantly improved debt position, targeting a leverage ratio below 3.5 by the end of fiscal 2027 [4]. Market Position - Scotts Miracle-Gro is the world's largest marketer of branded consumer products for lawn and garden care, with approximately $3.6 billion in sales [6]. - The company's brands, including Scotts®, Miracle-Gro®, and Ortho®, are market leaders in their respective categories [6].
Babcock Injury Lawyers Announces Release of a Life-Changing Accident, Now Ranking in Amazon Legal Categories
Newsfile· 2025-06-05 00:32
Core Insights - Babcock Injury Lawyers has released a new book titled "A Life-Changing Accident," authored by the firm's founder, Stephen Babcock, which is now ranking in multiple Amazon legal categories since its publication [2][3] Group 1: Book Overview - The book provides an overview of the challenges faced by accident victims during recovery and legal proceedings, reflecting the firm's commitment to enhancing public access to legal knowledge [3][4] - It aims to simplify complex legal concepts for readers unfamiliar with the personal injury process, explaining key legal stages from the occurrence of an accident to the resolution of a claim [4][5] - The content is designed for general audiences, particularly recent accident victims, and includes general legal information and real-world examples to help readers understand their rights and options [5][6] Group 2: Firm's Educational Efforts - The publication of "A Life-Changing Accident" is part of Babcock Injury Lawyers' broader efforts to support injury victims through legal representation and educational outreach [6] - The firm has historically utilized blog posts and digital resources to inform the public about relevant legal topics, and this book marks its first extended-format publication [6][7] - Babcock Injury Lawyers is committed to transparency and client education, providing legal support to help individuals navigate complex legal challenges [7]
Chairman and CEO Stockholder Letter: Unanimous Supreme Court Ruling Builds the Case for Pre-Escalation and Widespread BolaWrap Adoption
Globenewswire· 2025-06-02 13:15
Barnes v. Felix expands window of liability to include the totality of circumstances—renewing focus on officer’s actions during the pre-escalation period. MIAMI, June 02, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc, (NASDAQ: WRAP) (“Wrap” or, the “Company”), a global leader in innovative public safety technologies and non-lethal tools, today issues a letter to stockholders from Founder and CEO, Scot Cohen. Chairman and CEO Letter to Stockholders Fellow Stockholders, Law-enforcement tools, technologies, ...
EGBN Investor News: If You Have Suffered Losses in Eagle Bancorp, Inc. (NASDAQ: EGBN), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
GlobeNewswire News Room· 2025-05-27 17:33
NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Eagle Bancorp, Inc. (NASDAQ: EGBN) resulting from allegations that Eagle Bancorp may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Eagle Bancorp securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency ...
ScottsMiracle-Gro to Webcast Presentation at the William Blair 45th Annual Growth Stock Conference on June 5, 2025
Globenewswire· 2025-05-22 12:00
Core Insights - Scotts Miracle-Gro Company will participate in the William Blair 45th Annual Growth Stock Conference on June 5, 2025, in Chicago [1][2] - The company is a leader in branded consumer lawn and garden products, with approximately $3.6 billion in sales [3] Company Overview - Scotts Miracle-Gro is the world's largest marketer of branded consumer products for lawn and garden care, with well-known brands such as Scotts®, Miracle-Gro®, and Ortho® [3] - The company's subsidiary, The Hawthorne Gardening Company, specializes in indoor and hydroponic growing products [3]
MTUS Investors Have Opportunity to Join Metallus Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-05-20 08:15
Core Viewpoint - The Schall Law Firm is investigating Metallus Inc. for potential violations of securities laws, particularly regarding misleading statements and undisclosed information that may have affected investors [1][2]. Group 1: Investigation Details - The investigation centers on whether Metallus issued false or misleading statements and failed to disclose critical information to investors [2]. - Metallus reported its Q1 2025 financial results on May 8, 2025, with non-GAAP earnings per share significantly missing consensus estimates [2]. - Following the announcement, Metallus shares dropped by over 11.3% the next day, indicating a negative market reaction [2]. Group 2: Company Background - Metallus Inc. is listed on the NYSE under the ticker MTUS [1]. - The CEO of Metallus attributed the volatility in the defense supply chain during Q1 to customer manufacturing start-up challenges [2]. Group 3: Legal Representation - The Schall Law Firm specializes in securities class action lawsuits and represents investors globally [3]. - Shareholders who experienced losses are encouraged to contact the firm for discussions regarding their rights [3].
PPTA DEADLINE: ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Perpetua Resources Corp. Investors to Secure Counsel Before Important May 20 Deadline in Securities Class Action – PPTA
GlobeNewswire News Room· 2025-05-19 16:55
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Perpetua Resources Corp. during the specified Class Period of the upcoming lead plaintiff deadline on May 20, 2025 [1] Group 1: Class Action Details - Investors who purchased Perpetua securities between April 17, 2024, and February 13, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by May 20, 2025 [3] - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6] Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4] - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4] Group 3: Case Specifics - The lawsuit alleges that during the Class Period, Perpetua's management provided misleading information regarding the expected initial capital expenditure for the Stibnite Gold Project, downplaying the impact of inflation and other cost factors [5] - The misleading statements led investors to purchase Perpetua's securities at artificially inflated prices, resulting in damages when the true costs were revealed [5]
Wrap Technologies(WRAP) - 2025 Q1 - Earnings Call Transcript
2025-05-16 14:17
Wrap Technologies (WRAP) Q1 2025 Earnings Call May 16, 2025 09:15 AM ET Company Participants Scot Cohen - Founder, Chairman & CEOJared Novick - President & Chief Operating Officer Operator Good morning everyone. Thank you for joining Wrap's Q1 twenty twenty five call. In attendance this morning is Scott Cohen, Chief Executive Officer and Jared Novick, President and Chief Operating Officer. At this time, I want to remind you that certain statements and assumptions in this conference call contain or are based ...
Rosen Law Firm Encourages Backblaze, Inc. Investors to Inquire About Securities Class Action Investigation - BLZE
Prnewswire· 2025-05-05 20:22
NEW YORK, May 5, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Backblaze, Inc. (NASDAQ: BLZE) resulting from allegations that Backblaze may have issued materially misleading business information to the investing public.So What: If you purchased Backblaze securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The ...
Scotts Miracle-Gro Q2 Earnings Surpass Estimates, Sales Miss
ZACKS· 2025-05-05 14:35
The Scotts Miracle-Gro Company (SMG) reported a second-quarter fiscal 2025 (ended March 29, 2025) profit of $217.5 million or $3.72 per share, roughly 38% higher than $157.5 million or $2.74 per share in the prior-year quarter.Barring one-time items, the adjusted earnings were $3.98 per share compared with $3.69 a year ago, topping the Zacks Consensus Estimate of $3.95.The company’s net sales in the fiscal second quarter were $1,421 million, which missed the Zacks Consensus Estimate of $1,498.2 million. Net ...