Brief: ScottsMiracle-Gro Reports Q3 GAAP Loss Per Share $8.01

Scotts Miracle-Gro

03/08/2022 12:17

Aug 3 (Reuters) - Scotts Miracle-Gro Co  SMG.N :
    * SCOTTSMIRACLE-GRO ANNOUNCES THIRD QUARTER FINANCIAL
RESULTS;
INTRODUCES PROJECT SPRINGBOARD TO ENHANCE SHAREHOLDER VALUE
    * Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $6.11 EXCLUDING
ITEMS
    * Q3 GAAP LOSS PER SHARE $8.01
    * SEES FY ADJUSTED EARNINGS PER SHARE $4.00 TO $4.20
    * LOWERED FULL-YEAR SALES GUIDANCE IN U.S. CONSUMER SEGMENT
DUE TO
LOWER-THAN-EXPECTED REPLENISHMENT ORDERS FROM RETAIL PARTNERS
    * NOW EXPECTS FULL YEAR SALES TO DECLINE 8 TO 9 PERCENT
    * FULL-YEAR ADJUSTED EPS OUTLOOK IS NOW EXPECTED TO BE $4.00
TO
$4.20
    * Q3 EARNINGS PER SHARE VIEW $1.72, REVENUE VIEW $1.23
BILLION --
REFINITIV IBES DATA
    * FY2022 EARNINGS PER SHARE VIEW $4.72 -- REFINITIV IBES
DATA

Source text for Eikon:  ID:nGNX2Wgs5H 
Further company coverage:  SMG.N 

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