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ScottsMiracle-Gro reaffirms 2026 guidance, sets August investor day

Wed, 03 Jun 2026 07:03:31 -0400

The Scotts Miracle-Gro Company (NYSE: SMG) reaffirmed its full fiscal year 2026 financial guidance, citing positive trends in its lawn and garden business as the peak season approaches.

The Marysville, Ohio-based company reported that its year-to-date branded consumer point-of-sale dollars increased approximately 1 percent compared to the same period last year through early June. The company has locked in about 90 percent of its commodities for fiscal 2026, providing confidence in achieving its gross margin guidance of at least 32 percent.

Chief Executive Jim Hagedorn said the company continues to see consistent retailer engagement and steady consumer takeaway. President Nate Baxter noted

ScottsMiracle-Gro reaffirms 2026 guidance, sets August investor day

Wed, 03 Jun 2026 07:03:31 -0400

The Scotts Miracle-Gro Company (NYSE: SMG) reaffirmed its full fiscal year 2026 financial guidance, citing positive trends in its lawn and garden business as the peak season approaches.

Chief Executive Jim Hagedorn said the company continues to see consistent retailer engagement and steady consumer takeaway. President Nate Baxter noted

ScottsMiracle-Gro Reaffirms Fiscal 2026 Guidance, Announces Investor Day Details

Wed, 03 Jun 2026 07:00:00 -0400

MARYSVILLE, Ohio, June 03, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the leading marketer of branded consumer lawn and garden products in North America, announced today that it is reaffirming its full fiscal year 2026 guidance. The Company is providing the financial update before the close of its fiscal third quarter on June 27 to coincide with its presentation today at the William Blair Annual Growth Stock Conference.

The Company reported that entering June its year-to-date branded consumer POS dollars are up around 1 percent versus the same period prior year. Additionally,

ScottsMiracle-Gro Reaffirms Fiscal 2026 Guidance, Announces Investor Day Details

Wed, 03 Jun 2026 07:00:00 -0400

The Company reported that entering June its year-to-date branded consumer POS dollars are up around 1 percent versus the same period prior year. Additionally,

Scotts Miracle-Gro (SMG) PT Lowered to $63 at UBS

Tue, 02 Jun 2026 07:02:41 -0400

UBS analyst Peter Grom lowered the price target on Scotts Miracle-Gro (NYSE: SMG) to $63.00 (from $70.00) while maintaining a Neutral rating.

The analyst comments "SMG is scheduled to present at a competitor conference this Wednesday (6/3) where it is expected the company will provide an update on FY26 guidance. Over the last month shares have been under pressure (-13%), which stems from concerns on top line growth given unfavorable weather and a more challenged consumer backdrop as well as impacts related to cost increases for urea, diesel, and resin. Entering the year, our conversations would suggest that sentiment had improved

Scotts Miracle-Gro (SMG) PT Lowered to $63 at UBS

Tue, 02 Jun 2026 07:02:41 -0400

UBS analyst Peter Grom lowered the price target on Scotts Miracle-Gro (NYSE: SMG) to $63.00 (from $70.00) while maintaining a Neutral rating.

Form 4 SCOTTS MIRACLE-GRO CO For: May 26 Filed by: Scheiwer Mark J