Scotts Miracle-Gro Reaffirms Fiscal 2026 Guidance Amid Commodity Stability
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 02 2026
0mins
Source: Newsfilter
- Guidance Reaffirmation: Scotts Miracle-Gro reaffirms its fiscal 2026 guidance, indicating that significant global commodity impacts from the Iran War are not expected to affect its full-year outlook, reflecting strong market confidence.
- Commodity Locking Status: As of March 28, 2026, approximately 80% of commodities were locked, with 90% of cost of goods sold sourced domestically, including nearly 100% of urea, ensuring supply chain stability for the company.
- Debt Management Progress: The company's debt-to-EBITDA leverage ratio was below 4 times at the close of the fiscal second quarter, marking significant progress in debt reduction and laying the groundwork for future reinvestment and shareholder-friendly actions.
- Strong Market Demand: The company has observed strong consumer engagement with its brands, expecting this early momentum to carry into the fiscal third quarter, particularly during the peak lawn and garden season, indicating robust market demand even amid inflationary and recessionary pressures.
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Analyst Views on SMG
Wall Street analysts forecast SMG stock price to rise
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 61.880
Low
51.37
Averages
64.09
High
74.00
Current: 61.880
Low
51.37
Averages
64.09
High
74.00
About SMG
The Scotts Miracle-Gro Company is engaged in the manufacturing, marketing, and sale of products for lawn and garden care and indoor and hydroponic gardening. The Company’s products are primarily sold in North America. The U.S. Consumer segment consists of its consumer lawn and garden business in the United States. Its consumer lawn and garden brands include Scotts, Turf Builder, lawn fertilizer and Scotts, grass seed products; Miracle-Gro soil, plant food, and gardening products; Ortho herbicide and pesticide products, and Tomcat rodent control and animal repellent products. The Other segment consists of its consumer lawn and garden business in Canada. Its products include Turf Builder Halts Crabgrass Preventer with Lawn Food, Turf Builder Weed & Feed5, Turf Builder SummerGuard Lawn Food with Insect Control, Turf Builder Southern Lawn Food, Turf Builder EdgeGuard Mini Broadcast Spreader, Turf Builder Bonus S Southern Weed & Feed₂ Turf Builder Lawn Food and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Scotts Miracle-Gro Donates $1 Million for White House South Lawn Restoration
- Donation for Restoration: Scotts Miracle-Gro announced a $1 million contribution to the National Park Service for the restoration of the White House South Lawn, reflecting the company's commitment to historical preservation and enhancing its brand image.
- Custom Grass Blend: The company is providing a proprietary turfgrass blend specifically designed to improve the density, durability, and aesthetics of the South Lawn, ensuring it remains in optimal condition for future events.
- Historical Significance: The South Lawn serves as a vital piece of U.S. history and a stage for global diplomacy, and Scotts' involvement underscores its responsibility as a market leader, further solidifying its position in the consumer gardening sector.
- Participation in Celebrations: This donation is part of Scotts' broader engagement in America's 250th anniversary celebrations, showcasing its long-term commitment to community and environmental stewardship while generating positive public attention for the company.
See More
Investigation into Scotts Miracle-Gro Company Shareholder Rights
- Shareholder Rights Investigation: Halper Sadeh LLC is investigating whether certain officers and directors of Scotts Miracle-Gro Company breached their fiduciary duties to shareholders, which could lead to corporate governance reforms if proven.
- Contingent Fee Arrangement: The law firm promises to handle the case without upfront costs, meaning shareholders will not incur additional financial burdens while seeking legal remedies.
- Importance of Shareholder Participation: Shareholder involvement can improve company policies and oversight mechanisms, enhancing transparency and accountability, ultimately contributing to increased shareholder value.
- Global Investor Representation: Halper Sadeh LLC represents investors worldwide, focusing on implementing corporate reforms and recovering funds for those affected by securities fraud and corporate misconduct, showcasing its expertise in protecting investor rights.
See More
Scotts Miracle-Gro Reaffirms Fiscal 2026 Guidance
- Guidance Reaffirmation: Scotts Miracle-Gro has reaffirmed its fiscal 2026 adjusted earnings per share guidance of $4.15 to $4.35, reflecting confidence in its profitability despite market challenges.
- EBITDA Growth Outlook: The company anticipates mid-single-digit growth in adjusted EBITDA for fiscal 2026, indicating ongoing efforts in cost control and operational efficiency aimed at enhancing overall profitability.
- Consumer Sales Growth: Scotts expects low-single-digit growth in U.S. consumer net sales for fiscal 2026, following a reported $2.99 billion in net sales for fiscal 2025, suggesting a gradual recovery in market demand.
- Historical Performance Comparison: The company reported adjusted EBITDA of $581 million for fiscal 2025, demonstrating stability in profitability and laying a solid foundation for future growth.
See More
Scotts Reaffirms Fiscal Year 2026 Guidance Amid Positive Trends
- Sales Growth Trend: As of June, Scotts' year-to-date branded consumer POS sales are up approximately 1% year-over-year, indicating the company's ability to maintain stable sales performance in a competitive market, thereby boosting investor confidence.
- Cost Control Capability: With about 90% of its commodities locked in entering June, this strategy effectively mitigates the impact of inflationary pressures, allowing the company to target a gross margin of at least 32%, thus enhancing profitability.
- Market Strategy Execution: Scotts' focus on higher-margin branded products, combined with advertising and e-commerce initiatives, has driven gains in POS and retailer replenishment since Memorial Day, demonstrating its agility in navigating seasonal business challenges.
- Future Outlook: The company anticipates low single-digit growth in U.S. consumer net sales for fiscal 2026, with adjusted net income per share targeted between $4.15 and $4.35, and free cash flow expected to be around $275 million, further enhancing shareholder value.
See More
Investigation Launched into Scotts Miracle-Gro's Financial Disclosures
- Declining Financial Performance: Scotts Miracle-Gro reported a 6% decline in quarterly sales and a 420 basis point drop in gross margin on August 2, 2023, leading to a staggering 25% cut in fiscal year EBITDA guidance, indicating significant operational challenges.
- Stock Price Volatility: Following the disappointing financial results, Scotts' shares plummeted by 19% on August 2, 2023, from $71.44 to $57.86, reflecting investor concerns about the company's future prospects and financial health.
- Legal Action Risks: The company and its executives are facing a securities class action lawsuit for failing to disclose material information, which could result in substantial financial liabilities and further jeopardize the company's stability.
- Investigation Initiation: Kahn Swick & Foti has launched an investigation into whether Scotts' officers breached their fiduciary duties to shareholders, potentially revealing governance issues that could undermine investor confidence and affect stock performance.
See More
Investor Perspectives on Multiple Companies
- Scotts Performance Risk: Scotts Miracle-Gro Company highlighted that poor weather conditions could adversely affect its performance, indicating a high sensitivity of its business to climate factors, which necessitates cautious risk assessment by investors.
- Santander Acquisition Praise: Banco Santander's acquisition of Webster Bank received positive feedback, with a former hedge fund manager praising it as a quality asset, reflecting confidence in the bank's future growth potential.
- Altria Stock Recommendation: Altria Group is advised to reduce holdings as analysts note its stock has surged too quickly, suggesting investors consider locking in some profits to mitigate risk.
- NextDecade's Outlook: NextDecade is viewed as having potential in LNG demand, although analysts maintain a cautious stance on its future performance, recommending investors to remain on the sidelines for now.
See More
Scotts Miracle-Gro Donates $1 Million for White House South Lawn Restoration
- Donation for Restoration: Scotts Miracle-Gro announced a $1 million contribution to the National Park Service for the restoration of the White House South Lawn, reflecting the company's commitment to historical preservation and enhancing its brand image.
- Custom Grass Blend: The company is providing a proprietary turfgrass blend specifically designed to improve the density, durability, and aesthetics of the South Lawn, ensuring it remains in optimal condition for future events.
- Historical Significance: The South Lawn serves as a vital piece of U.S. history and a stage for global diplomacy, and Scotts' involvement underscores its responsibility as a market leader, further solidifying its position in the consumer gardening sector.
- Participation in Celebrations: This donation is part of Scotts' broader engagement in America's 250th anniversary celebrations, showcasing its long-term commitment to community and environmental stewardship while generating positive public attention for the company.
See More
Investigation into Scotts Miracle-Gro Company Shareholder Rights
- Shareholder Rights Investigation: Halper Sadeh LLC is investigating whether certain officers and directors of Scotts Miracle-Gro Company breached their fiduciary duties to shareholders, which could lead to corporate governance reforms if proven.
- Contingent Fee Arrangement: The law firm promises to handle the case without upfront costs, meaning shareholders will not incur additional financial burdens while seeking legal remedies.
- Importance of Shareholder Participation: Shareholder involvement can improve company policies and oversight mechanisms, enhancing transparency and accountability, ultimately contributing to increased shareholder value.
- Global Investor Representation: Halper Sadeh LLC represents investors worldwide, focusing on implementing corporate reforms and recovering funds for those affected by securities fraud and corporate misconduct, showcasing its expertise in protecting investor rights.
See More
Scotts Miracle-Gro Reaffirms Fiscal 2026 Guidance
- Guidance Reaffirmation: Scotts Miracle-Gro has reaffirmed its fiscal 2026 adjusted earnings per share guidance of $4.15 to $4.35, reflecting confidence in its profitability despite market challenges.
- EBITDA Growth Outlook: The company anticipates mid-single-digit growth in adjusted EBITDA for fiscal 2026, indicating ongoing efforts in cost control and operational efficiency aimed at enhancing overall profitability.
- Consumer Sales Growth: Scotts expects low-single-digit growth in U.S. consumer net sales for fiscal 2026, following a reported $2.99 billion in net sales for fiscal 2025, suggesting a gradual recovery in market demand.
- Historical Performance Comparison: The company reported adjusted EBITDA of $581 million for fiscal 2025, demonstrating stability in profitability and laying a solid foundation for future growth.
See More
Scotts Reaffirms Fiscal Year 2026 Guidance Amid Positive Trends
- Sales Growth Trend: As of June, Scotts' year-to-date branded consumer POS sales are up approximately 1% year-over-year, indicating the company's ability to maintain stable sales performance in a competitive market, thereby boosting investor confidence.
- Cost Control Capability: With about 90% of its commodities locked in entering June, this strategy effectively mitigates the impact of inflationary pressures, allowing the company to target a gross margin of at least 32%, thus enhancing profitability.
- Market Strategy Execution: Scotts' focus on higher-margin branded products, combined with advertising and e-commerce initiatives, has driven gains in POS and retailer replenishment since Memorial Day, demonstrating its agility in navigating seasonal business challenges.
- Future Outlook: The company anticipates low single-digit growth in U.S. consumer net sales for fiscal 2026, with adjusted net income per share targeted between $4.15 and $4.35, and free cash flow expected to be around $275 million, further enhancing shareholder value.
See More
Investigation Launched into Scotts Miracle-Gro's Financial Disclosures
- Declining Financial Performance: Scotts Miracle-Gro reported a 6% decline in quarterly sales and a 420 basis point drop in gross margin on August 2, 2023, leading to a staggering 25% cut in fiscal year EBITDA guidance, indicating significant operational challenges.
- Stock Price Volatility: Following the disappointing financial results, Scotts' shares plummeted by 19% on August 2, 2023, from $71.44 to $57.86, reflecting investor concerns about the company's future prospects and financial health.
- Legal Action Risks: The company and its executives are facing a securities class action lawsuit for failing to disclose material information, which could result in substantial financial liabilities and further jeopardize the company's stability.
- Investigation Initiation: Kahn Swick & Foti has launched an investigation into whether Scotts' officers breached their fiduciary duties to shareholders, potentially revealing governance issues that could undermine investor confidence and affect stock performance.
See More
Investor Perspectives on Multiple Companies
- Scotts Performance Risk: Scotts Miracle-Gro Company highlighted that poor weather conditions could adversely affect its performance, indicating a high sensitivity of its business to climate factors, which necessitates cautious risk assessment by investors.
- Santander Acquisition Praise: Banco Santander's acquisition of Webster Bank received positive feedback, with a former hedge fund manager praising it as a quality asset, reflecting confidence in the bank's future growth potential.
- Altria Stock Recommendation: Altria Group is advised to reduce holdings as analysts note its stock has surged too quickly, suggesting investors consider locking in some profits to mitigate risk.
- NextDecade's Outlook: NextDecade is viewed as having potential in LNG demand, although analysts maintain a cautious stance on its future performance, recommending investors to remain on the sidelines for now.
See More
