Why is $SMG stock down today?
The Scotts Miracle-Gro Company · AGRICULTURAL CHEMICALS
Why is $SMG down today?
The likely driver
- ›Net sales were $3.29 billion, an increase of 1% versus prior year, driven by growth in our branded products and continued e-commerce expansion.
- ›Free cash flow was $278.4 million, and net leverage of 3.89x improved 0.21x versus last year.
- ›Net sales growth of 2% to 4%.
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Today’s scanner timeline
- 9:33 AMBig % mover alert
- 9:33 AMUnusual volume (RVOL) alert
Unusual-volume alerts often fire before the news is widely reported. This is when our scanner first flagged SMG today.
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