Scotts Miracle-Gro Company - Ordinary Shares - Class A

NYSE:SMG  
69.74
+2.67 (+3.98%)
Other Pre-Announcement

ScottsMiracle-Gro Reports Q1 Loss Of $1.17 Per Share

Published: 02/01/2023 12:16 GMT
Scotts Miracle-Gro Company - Ordinary Shares - Class A (SMG) - Scottsmiracle-gro Reports First Quarter Results.
Says Full-year Sales Guidance Updated for Lower Hawthorne Outlook.
Says $1 Billion Free Cash Flow Target Over Next Two Years Reaffirmed.
First Quarter GAAP Loss of $1.17 per Share.
Qtrly Non-GAAP Loss $1.02 per Share.
Sees Low Single-digit Decline in FY Total Company Net Sales.
Sees Low Single-digit Decline in FY Gross Margin Rate.
Says Low Single-digit Percentage Growth in FY Adjusted EBITDA.
Q1 Earnings per Share View $-1.39 -- Refinitiv Ibes Data (analyst estimates).