Quarterly sales fell 11%, while ScottsMiracle-Gro's full-year adjusted earnings per share rose 18%.

Scotts Miracle-Gro (SMG) reported a 1% increase in full-year net sales to $3.29B, with Q4 sales falling 11%. Adjusted EPS rose 18% to $4.48. The company expects 2-4% sales growth and adjusted EPS of $4.70-$4.90 for fiscal 2027, according to its guidance. Gross margins expanded despite higher commodity and freight costs, and free cash flow was $278.4M. The company aims to reduce leverage to 3.0-3.5x by fiscal 2029.

Original reporting
Published Nov 4, 2026, 11:55 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 4, 2026, 11:58 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefEarnings
Primary signal
$SMG
Bullish
high confidence
Mentioned
$SMG
Relevance
8/10
AlphAI data visualization · based on stocktitan.net
Decision brief

The 30-second read

$SMGBullishMed
01

Why it matters

Earnings beat and raised guidance could drive the stock higher in the short term.

02

Market read

SMG's earnings beat and guidance raise may move the stock and influence the consumer discretionary sector.

03

What to watch

Potential headwinds from supply‑chain constraints and macro‑economic volatility.

Relevance 8/10Novelty 8/10Timing: pre‑market today

Background

Scotts Miracle‑Gro (NYSE: SMG) released its Q4 2026 earnings, reporting a 6% GAAP EPS increase, an 18% non‑GAAP EPS rise, and raised FY2027 guidance to $4.70‑$4.90 per share.

Company-level read

Ticker impact

$SMGBullishHigh confidence
Context

Scotts Miracle-Gro reported Q4 2026 results with EPS beat and raised FY2027 guidance.

Expected impact

potential modest upside as market prices in earnings beat and raised guidance

Evidence & confidence

Beat on non‑GAAP EPS and guidance lift suggest stronger profitability and growth outlook.

Market effects

lawn and garden sector may see improved sentiment from SMG's earnings beat.

U.S. consumer discretionary market could get a modest boost.

limited to investors tracking U.S. consumer staples.

Counterpoint

Growth may be unsustainable given higher commodity and freight costs.

Key entities

  • Scotts Miracle‑Gro

    U.S. lawn and garden products manufacturer.

  • Nate Baxter

    President and CEO of SMG.

  • Mark Scheiwer

    Chief Financial Officer of SMG.

Related articles

$SMGMedAI 8/10

What Scotts Miracle-Gro (SMG) Said on Its Q4 Earnings Call

Scotts Miracle-Gro (SMG) expects $100M in commodity headwinds for fiscal 2027, planning 4% price increases and $35M in supply chain savings. Adjusted gross margin is expected to expand, though likely at the lower end of its target. Inventory levels are up slightly, and the $55M acquisition of Black Kow is expected to boost sales. The company aims to reduce net debt to 3-3.5x EBITDA by fiscal 2029, with $275M in free cash flow expected for fiscal 2027.

$SMGMed

The Scotts Miracle-Gro Company Q4 2026 Earnings Call Summary

The Scotts Miracle-Gro Company reported a 1% sales growth in Q4 2026, driven by a shift to premium branded products, with Miracle-Gro Organic growing 18%. E-commerce sales rose 24% to 13% of total sales. The company expects 2%-4% net sales growth and $4.70-$4.90 adjusted EPS in fiscal 2027, with plans to mitigate commodity inflation and invest in digital transformation. Management emphasized profitability over volume and debt reduction.

$SMGHighAI 9/10

Scotts Miracle-Gro (SMG) Q4 2026 Earnings Call Transcript

Scotts Miracle-Gro (SMG) reported Q4 2026 earnings, highlighting 18% growth in Miracle-Gro Organic sales and a 16% increase in pre-emergent units. The company acquired Black Kow, expanded e-commerce to 13% of sales, and plans 2%-4% net sales growth for 2027 with adjusted EPS of $4.70-$4.90. SMG emphasized innovation, operational efficiencies, and strategic investments.