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News Breaks
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November 23, 2011
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| 09:55 EDT |  | SMG |
| theflyonthewall.com: | Scotts Miracle-Gro sees Q1 loss "to materially increase" | | The company disclosed in a regulatory filing that, "We expect our first quarter fiscal 2012 loss to materially increase versus fiscal 2011. Sales will be lower as retailers strive to end their fiscal years leaner on inventory, and gross margin rate will be lower." Recall the company said in its Q4 earnings release on November 8, "While we see top line growth of at least 6% in 2012, we will not provide EPS guidance until our Analyst Day meeting in February due to the continued variability of commodity costs and work still being done to finalize next year's marketing plans." :theflyonthewall.com |
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May 22, 2012
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| 09:39 EDT |  | SMG |
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