Brief: Scotts Miracle-Gro Expands Hawthorne Gardening Portfolio With Acquisitions Of Luxx Lighting And True Liberty Bags

Scotts Miracle-Gro

04/01/2022 12:49

Jan 4 (Reuters) - Scotts Miracle-Gro Co  SMG.N :
    * SCOTTSMIRACLE-GRO EXPANDS HAWTHORNE GARDENING PORTFOLIO
WITH
ACQUISITIONS OF LUXX LIGHTING AND TRUE LIBERTY BAGS
    * SCOTTS MIRACLE-GRO CO - MAINTAINING ITS FULL-YEAR
COMPANY-WIDE
OUTLOOK FOR ADJUSTED EARNINGS PER SHARE
    * SCOTTS MIRACLE-GRO CO - Q1 SALES IN HAWTHORNE ARE EXPECTED
TO
DECLINE APPROXIMATELY 40 PERCENT
    * SCOTTS MIRACLE-GRO CO - ACQUIRED ASSETS OF LUXX FOR $215
MILLION
    * SCOTTS MIRACLE-GRO CO - OPTIMISTIC SUPPLY CHAIN
DISRUPTIONS
WE'VE EXPERIENCED WILL BE CORRECTED BY END OF JANUARY
    * SCOTTS MIRACLE-GRO CO - LOWERING FY SALES GUIDANCE FOR
HAWTHORNE
TO A RANGE OF 0 TO MINUS 10% ON YOY BASIS, INCLUDING EXPECTED
BENEFIT FROM LUXX

Source text for Eikon:  ID:nGNX6l9r29 
Further company coverage:  SMG.N 

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