InvestorsHub Logo
Followers 1113
Posts 118119
Boards Moderated 3
Alias Born 03/27/2007

Re: uranium-pinto-beans post# 345255

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

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

Post# of 363828
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.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.