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Market Impact: 0.25

Scotts Miracle-Gro Company Backs Annual Outlook Expecting No War Impact

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Corporate Guidance & OutlookGeopolitics & WarCommodities & Raw MaterialsCompany FundamentalsTrade Policy & Supply ChainConsumer Demand & Retail

Scotts Miracle-Gro reaffirmed its annual guidance and said it does not expect major global commodity impacts from the Iran war to hurt its outlook. The comment reduces near-term commodity and supply-chain risk to the company's FY revenue/margin outlook; any market impact is likely to be limited and company-specific.

Analysis

Scotts Miracle-Gro reaffirmed its annual guidance and said it does not expect major global commodity impacts from the Iran war to hurt its outlook. The comment reduces near-term commodity and supply-chain risk to the company's FY revenue/margin outlook; any market impact is likely to be limited and company-specific.

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