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Scotts Miracle-Gro (SMG) Tops Q2 EPS by 67c, Beats on Revenue; Reaffirms Guidance

April 29, 2026 6:51 AM

Scotts Miracle-Gro (NYSE: SMG) reported Q2 EPS of $4.53, $0.67 better than the analyst estimate of $3.86. Revenue for the quarter came in at $1.46 billion versus the consensus estimate of $1.41 billion.

The fiscal 2026 guidance that has been reaffirmed by the Company includes:

U.S. Consumer net sales low single-digit growth
Non-GAAP adjusted gross margin rate of at least 32%
Non-GAAP adjusted net income per share from continuing operations of $4.15 to $4.35
Non-GAAP adjusted EBITDA mid single-digit growth
Free cash flow of $275 million, driving leverage ratio down to the high 3’s

For earnings history and earnings-related data on Scotts Miracle-Gro (SMG) click here.

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