NY -- Standard&Poor's CreditWire 2/13/98 -- Standard&Poor's today revised it outlook on The Scotts Co. to stable from negative. The company's triple-'B'-minus corporate credit and double-'B'-plus subordinated debt ratings were affirmed. As of Sept. 30, 1997, $221 million of debt was outstanding at Scotts. The outlook revision follows a full year of improved operating results and a clear recovery from the company's unsuccessful marketing plan that adversely impacted fiscal 1996's results. Scotts has rebounded from a weak and disappointing fiscal 1996 caused by a flawed marketing and promotional program and a cool 1996 spring that further suppressed consumer demand. Reported sales are up 20% for the fiscal year ended Sept. 30, 1997, and management estimates that
