Scotts Miracle-Gro outlines fiscal 2027 adjusted EPS of $4.70 to $4.90 with 2% to 4% sales growth driven by Black Kow and targeted pricing (NYSE:SMG)

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.

The Scotts Miracle-Gro (SMG) reported Q4 2026 net sales down 11% to $303M, citing retailer inventory issues and weather impacts. Fiscal 2027 sales growth is forecasted at 2-4%, with commodity inflation expected to limit gross margin expansion. Management highlighted inventory management, pricing strategies, and cost savings to mitigate headwinds.

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.

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.

Scotts Miracle-Gro (SMG) reported FY2026 results with adjusted EPS up 18% to $4.48, exceeding guidance. Net sales reached $3.29B, up 1%. Gross margin improved 80 bps to 32.4%. The company's SMG 2.0 strategy drove margin gains and share repurchases. Shares rose 9.92% post-announcement.

Scotts Miracle-Gro (SMG) shares rose 5.2% premarket after forecasting stronger 2027 sales and earnings, despite a Q4 revenue miss. The company reported an adjusted Q4 loss of $2.16 per share, exceeding estimates.