Scotts Miracle-Gro Shares Rise 3% on Earnings Beat and Margin Expansion [Yahoo! Finance]
Scotts Miracle-Gro Company (The) (SMG)
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am
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Source: Yahoo! Finance
Shares gained 3.18% in premarket trading following the announcement. The company posted adjusted earnings per share of $4.53 for the quarter ended March 28, beating the consensus estimate of $3.86 by $0.67. Revenue totaled $1.46 billion, exceeding forecasts of $1.41 billion and rising 5% compared with the same period last year. The revenue increase was accompanied by a notable improvement in profitability, with adjusted gross margin expanding by 240 basis points to 41.8%. “We delivered a strong second quarter, executing on net sales growth, gross margin expansion and other key financial priorities,” said Mark Scheiwer. “We are driving profitability growth and improved free cash flow while making incremental investments in consumer activation and return-generating capital expenditures.” Scotts Miracle-Gro reaffirmed its full-year fiscal 2026 guidance, expecting adjusted earnings per share from continuing operations in the range of $4.15 to $4.35. The midpoint of $4.25 was no
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News
- Scotts Miracle-Gro (SMG) had its "buy" rating reaffirmed by Jefferies Financial Group Inc..MarketBeat
- The Scotts Miracle-Gro Company (SMG) Q2 2026 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- SMG Q2 2026 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Here's What Key Metrics Tell Us About Scotts (SMG) Q2 Earnings [Yahoo! Finance]Yahoo! Finance
- ScottsMiracle-Gro Reports Strong Second Quarter Results; Increase in Sales and Gross Margin Improvement Drive EPS Growth GlobeNewswire
SMG
Earnings
- 4/29/26 - Beat
SMG
Sec Filings
- 4/29/26 - Form 4
- 4/29/26 - Form 4
- 4/29/26 - Form 4
- SMG's page on the SEC website