earnings
confidence high
sentiment positive
materiality 0.65
Scotts Miracle-Gro anticipates Q2 net leverage ~6.0x; Nate Baxter joins as EVP Technology & Operations
SCOTTS MIRACLE-GRO CO
2023-Q2 EPS reported
$0.80
revenue$2,058,100,000
- Expects Q2 net leverage of ~6.0x, comfortably below the 6.5x credit facility covenant.
- Full fiscal Q2 results to be announced on Wednesday, May 3, 2023.
- Nate Baxter, member of Hagedorn Partnership (~25% owner), joins April 28 as EVP, Technology & Operations.
- Baxter, former president of TEL U.S. and Intel veteran, to oversee R&D, IT, regulatory, quality, and EHS.