Reaffirms two-year free cash flow target of $1 billion, debt paydown of $350 million in fiscal ’24 and full-year non-GAAP gross margin improvement of 250 bpsExpects to reduce leverage to below 5 times EBITDA by fiscal year-endProjects non-GAAP adjusted EBITDA in range of $530 to $540 million, an approximate 20-percent improvement over prior yearAnticipates mid single-digit growth in core consumer business versus prior year MARYSVILLE, Ohio, June 06, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gr
Key Takeaways; Cannabis Sector Cansortium and RIV Capital announced a merger to form a new four-state cannabis MSO. Canopy Growth reported mixed financial results amid revenue decline and strategic restructuring. Trulieve settled litigation with Harvest of Ohio, as the company aims to expand its footprint in Ohio. Goodness Growth is seeking $860 million from Verano […]
Scotts (SMG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.