Advertisement
Scotts Miracle-Gro Posts Sharply Wider Loss In Q4, But Results Top Estimates
(RTTNews) - Scotts Miracle-Gro Co. (SMG) reported Wednesday a net loss for the first quarter of $468.4 million or $8.33 per share, sharply wider than $220.1 million or $3.97 per share in the prior-year quarter.
Excluding items, adjusted loss for the quarter was $2.77 per share, compared to adjusted loss of $2.04 per share in the year-ago quarter.
Company-wide sales for the quarter decreased 24 percent to $374.5 million from $493.6 million in the same quarter last year.
The Street was looking for a loss of $2.89 per share on revenues of $332.30 million for the quarter.
The company also reaffirms $1 billion in free cash flow over two years through fiscal 2024.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
read more
ScottsMiracle-Gro Promotes Nate Baxter To Succeed Mike Lukemire As COO
Scotts Miracle-Gro Co. (SMG) announced Monday that it is executing a succession plan for President and COO Mike Lukemire in preparation for his retirement in fiscal 2024.
RTTNews
|
il y a 737
U.S. Job Openings Fall To Ten-Month Low In July
Job openings in the U.S. fell to their lowest level in ten months in July, according to a report released by the Labor Department on Wednesday. The Labor Department said job openings dipped to 7.181 million in July after tumbling to a downwardly revised 7.357 million in June.
RTTNews
|
il y a 1h 15min
U.S. Factory Orders Slump Roughly In Line With Estimates In July
A report released by the Commerce Department on Wednesday showed an extended slump by new orders for U.S. manufactured goods in the month of July. The Commerce Department said factory orders fell by 1.3 percent in July after plunging by 4.8 percent in June. Economists had expected factory orders to decrease by 1.4 percent.
RTTNews
|
il y a 2h 21min
Eurozone Private Sector Growth At 1-Year High
The euro area private sector expanded at the fastest pace in a year in August but the overall pace was sluggish as the service sector held back growth, final survey data from S&P Global showed on Wednesday. The HCOB composite output index rose to 51.0 in August from 50.9 in July. The score was slightly below the initial estimate of 51.1.
RTTNews
|
il y a 3h 37min
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a somewhat mixed note on Wednesday, tracking commodity prices. With some crucial economic data, including jobs data from Canada and the U.S. due later in the week, the mood is likely to remain cautious.
RTTNews
|
il y a 3h 57min
FTSE Up Nearly 0.6%; Miners Among Top Gainers
The U.K. market remains well placed in positive territory in early afternoon trades on Wednesday, coming back strongly after posting a notable loss in the previous session. Mining stocks are among the prominent gainers.
RTTNews
|
il y a 4h 45min
CAC 40 Up Nearly 1%; Schneider Electric Rises Over 3.5%
French stocks are up firmly in positive territory on Wednesday, recovering strongly after suffering a setback in the previous session amid concerns over debt sustainability in major economies across Europe and Asia, and political uncertainty in France.
RTTNews
|
il y a 5h 23min
Sensex, Nifty End Higher After Choppy Trade
Indian shares closed higher on Wednesday despite weak cues from global markets as investors grappled with rising bond yields and renewed trade uncertainty.
RTTNews
|
il y a 6h 13min
