Scotts Miracle-Gro FY2026 Sales Rise 1%; Adjusted EPS Reaches $4.48
Scotts Miracle-Gro reported FY2026 sales of $3.29B, up 1% YoY, and adjusted EPS of $4.48, an 18% increase. Gross margin expanded, and free cash flow reached $278.4M. For FY2027, the company expects 2-4% sales growth and adjusted EPS of $4.70-$4.90. Growth in branded products and e-commerce supported sales.
How this was made
The 30-second read
Why it matters
The modest revenue growth and forward guidance suggest limited upside, but the EPS beat and cash flow generation may support a neutral to slightly positive bias.
Market read
First‑report earnings release with new guidance; relevant for traders tracking consumer‑discretionary earnings momentum.
What to watch
Potential upside from the upcoming IT infrastructure transformation and e‑commerce expansion not fully reflected in the guidance.
Background
Scotts Miracle‑Gro filed an 8‑K on Nov 4 2026 detailing FY2026 results and FY2027 outlook.
Ticker impact
Scotts Miracle‑Gro reported FY2026 sales of $3.29 B (+1%) and raised FY2027 guidance to 2‑4% sales growth and $4.70‑$4.90 adjusted EPS.
likely slight pressure as investors price in modest growth outlook
The company posted an 18% EPS increase but only 1% sales growth and guidance that signals limited expansion, which typically dampens short‑term momentum.
Market effects
Provides a benchmark for the lawn‑and‑garden sector's modest growth outlook.
US consumer discretionary sentiment may be slightly tempered.
Limited; primarily affects US investors focused on consumer staples.
Counterpoint
The EPS beat could be a catalyst for a short‑term rally if the market underestimates the pricing power embedded in the guidance.
Key entities
- CompanyScotts Miracle‑Gro Co.
US‑listed consumer‑goods company (ticker SMG).
