BUZZ-Scotts Miracle-Gro rises on smaller quarterly loss
ReutersJan 29, 2025 3:25 PM
Lawn and garden care chemical maker Scotts Miracle-Gro's SMG.N shares rise 3.66% to $78.50
Co posts smaller Q1 adjusted loss of $0.89 per share vs loss of $1.45 per share last year
Reports Q1 sales of $416.8 mln, up from $410.4 mln a year ago
Reaffirms adjusted fiscal 2025 guidance
Says mid-term growth plan includes EBITDA approaching $700 million by the close of fiscal 2027
Shares rose ~4.06% in 2024
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