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Summary As states continue to make progress around cannabis legalization, California furthers the conversation around interstate commerce. Missouri set to go online as other states hit sales highs. This week's Scotts Miracle-Gro's earnings call and what it means for cannabis investo...
Image source: The Motley Fool. Scotts Miracle-Gro (NYSE: SMG) Q1 2023 Earnings Call Feb 01, 2023 , 9:00 a.m. ET Operator Continue reading For further details see: Scotts Miracle-Gro (SMG) Q1 2023 Earnings Call Transcript
Despite steep sales declines in its Hawthorne segment, which includes cannabis, the CEO of Scott’s Miracle-Gro (NYSE: SMG), Jim Hagedorn, said he still believes in the growth of the cannabis sector. But, he noted, “It is a bloodbath out there.” In the company...
The Scotts Miracle-Gro Company (SMG) Q1 2023 Earnings Conference Call February 1, 2023, 9:00 AM ET Company Participants Aimee DeLuca - Senior Vice President, Investor Relations Jim Hagedorn - Chairman and CEO Matt Garth - Chief Financial Officer Mike Lukemire - Pre...
Scotts Miracle-Gro ( NYSE: SMG ) +5.4% in Wednesday's trading after topping expectations for FQ1 adjusted earnings and revenues, even as the producer of lawn and cannabis products lowered guidance. Q1 net loss totaled $64.7M, or a loss of $1.17/share, compared to a loss of $50...
The Scotts Miracle-Gro Company (NYSE: SMG) announced results for its fiscal first quarter ending December 31, 2022, with revenue dropping by 7% to $526.6 million. This beat the Yahoo Finance average analyst estimate which was $501 million. The company reported that the U.S. Consumer s...
Scotts Miracle-Gro press release ( NYSE: SMG ): Q1 Non-GAAP EPS of -$1.02 beats by $0.32 . Revenue of $526.6M (-7.0% Y/Y) beats by $24.16M . Project Springboard to Exceed $185 Million Annualized Savings Net Leverage Ratio Within Covenant at 5.9X FY2...
U.S. Consumer Sales Up 8 Percent YoY First Quarter GAAP Loss of $1.17 Per Share; non-GAAP Loss of $1.02 Per Share Project Springboard to Exceed $185 Million Annualized Savings Net Leverage Ratio Within Covenant at 5.9X Full-Year Sales Guidance Updat...
Scotts Miracle-Gro ( NYSE: SMG ) is scheduled to announce Q1 earnings results on Wednesday, February 1, before market open. The consensus EPS estimate is -$1.34 (-52.3% Y/Y) and the consensus revenue estimate is $502.44M (-11.2% Y/Y). Over the last 2 years, SMG has beaten EP...
Top Marijuana Stocks For Watchlist In February What marijuana stocks should you buy in 2023? One sector that suffered significant losses in 2022 was the marijuana ancillary stock market. Companies that support the cannabis sector but don’t handle the actual plant are known as ancil...
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MARYSVILLE, Ohio, July 23, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its third quarter financial results on Wednesday, July 31, 2024, ...
Outlining three-year plans to achieve an average annual growth rate of 3 percent and a return to historic adjusted gross margin rates above 30 percent Introducing U.S. Consumer and Hawthorne leadership teams and their midterm strategic and operating priorities Reaffirming fiscal...
SAN DIEGO, July 09, 2024 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in The Scotts Miracle-Gro Company (NYSE: SMG) shares. The lawsuit seeks to recover losses for certain investors in NYSE: SMG shares. Investors who purchas...