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News Breaks
December 14, 2012
13:04 EDTSMGScotts Miracle-Gro sees about $20M in commodity inflation in FY13
With more than two thirds of its commodity costs now locked for the year - including about 90% of urea -- the company said it expects approximately $20M in commodity inflation in FY13, primarily due to higher-cost inventory carried into the fiscal year. Offsetting this headwind, the company said it will increase prices in the low single digits and that it expects a benefit of approximately $15M-$20M in savings related to its product cost-out initiatives.
News For SMG From The Last 14 Days
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December 19, 2014
09:43 EDTSMGScotts Miracle-Gro COO Sanders to depart company
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December 11, 2014
07:51 EDTSMGScotts Miracle-Gro coverage transferred with a Market Perform at Raymond James
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