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

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

ScottsMiracle-Gro Reports Strong Second Quarter Results; Increase in Sales and Gross Margin Improvement Drive EPS Growth 

April 29, 2026 6:50 AM EDT


Net sales increased by 5%
Gross margin rate improved by over 200 basis points
Net leverage at 3.71x, down from prior year of 4.41x

MARYSVILLE, Ohio, April 29, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the leading marketer of branded consumer lawn and garden products in North America, today reported results for the second quarter ended March 28, 2026.

Our performance reflects progress on all our financial imperatives, said Jim Hagedorn, chairman and CEO. We continued our growth trajectory and delivered meaningful leverage ratio... More