Scotts Miracle-Gro (SMG) Misses Q4 EPS by 7c
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ScottsMiracle-Gro Announces Full-Year Sales and Earnings in Line with Guidance; Launches Phase Two of Project Springboard to Realize Further Cost Savings
November 2, 2022 7:00 AM EDTCompany meets FY 2022 EPS, free cash flow guidance
Project Springboard achieves $100 million of annualized cost savings, introduces additional target of $85 million in savings
Company reaffirms projection of $1 billion in free cash flow over next two years
MARYSVILLE, Ohio, Nov. 02, 2022 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the worlds leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, today announced its results for the fourth quarter ended September 30, 2022.
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