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Post# of 365639
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uranium-pinto-beans

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Re: uranium-pinto-beans post# 345255

Thursday, 04/08/2021 11:04:10 AM

Thursday, April 08, 2021 11:04:10 AM

Post# of 365639
SMG

Scotts Miracle-Gro raises FY21 adjusted EPS to $8.60-$9.00 from $8.00-$8.40
Consensus at $8.88. The company said during its Investor and Analyst Day that it expects U.S. consumer sales to increase 4%-6%. Sees some challenges in the final months of the year. Expects company-wide sales growth between 8%-12%. Scotts Miracle-Gro also lowered its free cash flow guide to closer to $250M from the original guidance of $325M. The company cites capital investments, higher inventories, and lower gross margins.

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