Scotts Miracle-Gro Reaffirms $1B Cash Flow Target, Reduces EBITDA Earnings Expectations, Cost-Saving On Track
Scotts Miracle-Gro Reaffirms $1B Cash Flow Target, Reduces EBITDA Earnings Expectations, Cost-Saving On Track
Scotts Miracle-Gro重申10亿美元现金流目标，降低EBITDA盈利预期，成本节省在进行中。
The Scotts Miracle-Gro Company (NYSE:SMG) updated and reduced its financial projections on Thursday for fiscal year 2024 based on financial results through the end of May, which reflects the peak of its Q3 lawn and garden season. The Ohio-based gardening giant now expects adjusted EBITDA earnings of $530 million to $540 million, which is some 20% higher than last year, but lower than previous guidance of $575 million.
股份公司（纽交所：SMG）更新并降低了财务预测，该预测基于截至5月底的财务业绩，反映了其Q3草坪和园艺旺季的顶峰。 这家总部位于俄亥俄州的园艺巨头现在预计调整后的EBITDA收益将为5.3亿至5.4亿美元，这比去年增长了20％，但低于先前的指导目标为5.75亿美元。
"Despite the season not meeting our operating plan for topline sales and adjusted EBITDA, we are seeing year-over-year growth and feel good about our overall performance," stated Jim Hagedorn, chairman, CEO and president...
“尽管本季度未能达到我们的营运计划，而对于销售和EBITDA等核心财务...
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