SMG
The Scotts Miracle-Gro Company58.62
+0.13+0.22%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
3.40BP/E (TTM)
23.73Basic EPS (TTM)
2.47Dividend Yield
0.05%Recent Filings
10-K
8-K
8-K
8-K
8-K
Extends $750M receivables facility
The Scotts Miracle-Gro extended its $750 million receivables facility with JPMorgan Chase Bank through a second amendment signed August 28, 2025, pushing the termination date from September 1, 2025, to September 1, 2026. This uncommitted setup lets subsidiaries sell eligible accounts receivable from five key customers weekly, with the company servicing them for a 20 basis point fee and using proceeds for general corporate needs. Backed by $75 million in standby letters of credit, the facility remains non-recourse except for standard repurchase duties. It secures ongoing liquidity amid receivables management.
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