ScottsMiracle-Gro Reaffirms Fiscal 2026 Guidance; Margin Recovery and Growth Plans Remain on Track
Scotts Miracle-Gro Company (The) (SMG)
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am
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Source: GlobeNewswire
MARYSVILLE, Ohio, April 02, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the leading marketer of branded consumer lawn and garden products in North America, announced that it is reaffirming its fiscal 2026 guidance as it does not expect the significant global commodity impacts from the Iran War to affect its full-year outlook. The Company noted that approximately 80 percent of its commodities for the fiscal year were locked by the close of its second quarter on March 28, 2026. Additionally, around 90 percent of its cost of goods sold are sourced domestically, including nearly 100 percent of the urea that is a primary input in its fertilizer products. The Company obtains urea from reliable suppliers under previously negotiated contracts. “We are in a very good position when it comes to our cost of goods for fiscal 2026 and are fully confident that we will deliver on our gross margin recovery and growth plans,” said Jim Hagedorn, chairman and CEO. “We do not
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News
- JPMorgan Downgrades to Neutral from Overweight on The Scotts Miracle-Gro Company (SMG) [Yahoo! Finance]Yahoo! Finance
- Vireo Growth moves toward finalizing Hawthorne Gardening buyout from ScottsMiracle-Gro [Seeking Alpha]Seeking Alpha
- Scotts Miracle-Gro (SMG) was downgraded by JPMorgan Chase & Co. from "overweight" to "neutral". They now have a $67.00 price target on the stock.MarketBeat
- ScottsMiracle-Gro, Bonnie Plants and Gardenuity Launch Inspired to Gro™ [Yahoo! Finance]Yahoo! Finance
- ScottsMiracle-Gro, Bonnie Plants and Gardenuity Launch Inspired to Gro™GlobeNewswire
SMG
Earnings
- 1/28/26 - Beat
SMG
Sec Filings
- 4/1/26 - Form 4
- 3/27/26 - Form 4
- 3/27/26 - Form 4
- SMG's page on the SEC website