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uranium-pinto-beans

04/08/21 11:04 AM

#345256 RE: uranium-pinto-beans #345255

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.