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Stock impact report

Kirby McInerney LLP Reminds Scotts Miracle-Gro Company (SMG) Investors of Class Action Filing and Encourages Investors to Contact the Firm

Scotts Miracle-Gro Company (The) (SMG) 
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Southern District of Ohio on behalf of those who acquired The Scotts Miracle-Gro Company (“Scotts Miracle-Gro” or the “Company”) (NYSE: SMG) securities during the period of November 3, 2021 and August 1, 2023, inclusive (“the Class Period”). Investors have until August 2, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.[Click here to learn more about the class action]On June 8, 2022, Scotts Miracle-Gro issued a press release admitting that replenishment orders from its U.S. retailers were more than $300 million below target in the month of May. The Company told investors that its full-year 2022 earnings would be roughly half its prior guidance and announced plans to take on additional debt to cover restructuring charges. On this news, the price of Scotts Miracle-Gro shares declined by $9.05 per sh Show less Read more
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