StocksMedium•4 November 2026•
1 min read
ScottsMiracle-Gro Beats Expectations in FY 2026 as Gross Margins Expand
Key Facts
1ScottsMiracle-Gro announced strong fiscal 2026 results with expansion in GAAP and Non-GAAP gross margins.
2Non-GAAP Adjusted EPS exceeded the company's previously issued guidance.
3Fiscal 2027 guidance calls for continued top-line and bottom-line growth.
The Scotts Miracle-Gro Company announced strong fiscal 2026 results featuring expansion in both GAAP and Non-GAAP gross margins. According to a statement released via GlobeNewswire, the company's Non-GAAP adjusted earnings per share exceeded its previously issued guidance. Management attributed the performance to financial discipline, meeting strategic imperatives, and strengthening the balance sheet.
SMG closed at $61.80 on November 3, 2026, prior to the earnings release. The company's fiscal 2027 guidance calls for continued top-line and bottom-line growth, following a session on November 3, 2026, where the stock reached a high of $65.00 and a low of $61.68.