Welcome to our dedicated page for Scotts Miracle Gr news (Ticker: SMG), a resource for investors and traders seeking the latest updates and insights on Scotts Miracle Gr stock.
The Scotts Miracle-Gro Company reports developments in branded consumer lawn and garden products in North America, including the Scotts®, Miracle-Gro®, Ortho® and Tomcat® brands. Company news centers on sales trends, gross margin recovery, leverage, cash generation, dividends and capital allocation, along with guidance for its core U.S. Consumer lawn and garden business.
Updates also cover product and channel initiatives, such as patio and container gardening collaborations, community gardening grants through The Scotts Miracle-Gro Foundation, and completed portfolio actions. The completed sale of The Hawthorne Gardening Company shifted the company's public updates toward its North American consumer lawn and garden franchise after Hawthorne's indoor and hydroponic gardening supplies were treated as discontinued operations.
ScottsMiracle-Gro (NYSE: SMG) will present at the William Blair 46th Annual Growth Stock Conference in Chicago on June 3, 2026 at approximately 3:20 p.m. CT (4:20 p.m. ET). A live webcast and 90-day archive will be available on the investor relations events page.
Scotts Miracle-Gro (NYSE:SMG) foundation and KidsGardening named 120 community organizations as 2026 GroMoreGood Grassroots grantees on May 5, 2026. Grants support youth gardens and outdoor play spaces across 37 states and U.S. territories.
Financial awards were distributed in early spring 2026 and are expected to connect more than 23,576 youth with garden-based learning during the growing season.
ScottsMiracle-Gro (NYSE: SMG) reported Q2 fiscal 2026 net sales of $1.46 billion, up 5% year-over-year, with GAAP gross margin rate of 41.8% (improved ~280 bps). GAAP EPS from continuing operations was $4.46; non-GAAP EPS was $4.53. Net leverage improved to 3.71x from 4.41x.
The company reaffirmed fiscal 2026 guidance including U.S. Consumer net sales low single-digit growth, non-GAAP gross margin at least 32%, non-GAAP adjusted EPS of $4.15–$4.35, and free cash flow target of $275 million.
ScottsMiracle-Gro (NYSE: SMG) will release second quarter 2026 results on Wednesday, April 29, 2026, prior to U.S. market open, with a video webcast at 8:15 a.m. ET followed by an audio Q&A.
Registration is required for the webcast and the Q&A; a replay and archived materials will remain available on the investor website for at least 12 months. The company reports approximately $3.4 billion in annual sales.
The Scotts Miracle-Gro Company (NYSE: SMG) announced a quarterly cash dividend of $0.66 per share, payable June 5, 2026, to shareholders of record on May 22, 2026. The company reported approximately $3.4 billion in sales and reiterated its position as a leading branded lawn and garden products marketer in North America.
This dividend reflects a shareholder return action with clear record and payment dates and a concrete per-share amount.
ScottsMiracle-Gro (NYSE: SMG) completed the sale of its Hawthorne subsidiary to Vireo Growth on April 9, 2026, receiving Vireo shares held by an independent strategic partner that will be reported among other investments.
The company reaffirmed fiscal 2026 guidance, classified Hawthorne as a discontinued operation effective Q1 fiscal 2026, and posted recast historical results for fiscal 2024–2025. Vireo nominated Chris Hagedorn for its board and plans a strategic growth committee. Financial and legal advisors to ScottsMiracle-Gro were named.
ScottsMiracle-Gro (NYSE: SMG) reaffirmed its fiscal 2026 guidance and says margin recovery and growth plans remain on track. The company reported ~80% of commodities locked by March 28, 2026, ~90% of COGS sourced domestically and nearly 100% urea domestic sourcing.
Debt-to-EBITDA was reported below 4x, and management reiterated a planned share repurchase program to begin later in fiscal 2026. Full details will be discussed on the Q2 earnings call on April 29, 2026.
ScottsMiracle-Gro (NYSE:SMG), Bonnie Plants and Gardenuity launched the Inspired to Gro™ Patio Garden Collection on March 18, 2026, a bundled, guided patio gardening kit for new gardeners. The collection combines Miracle-Gro nutrients, fully rooted Bonnie starter plants and Gardenuity’s guided platform, grow bag, custom soil and personalized support.
The lineup includes three curated kits—Everyday Good Seasonal Herb Garden, Well Bloomed Limited Edition Edible Flower and Simply Rooted Seasonal Vegetable and Herb Garden—available now on Amazon, Bonnieplants.com and Gardenuity.com.
Brazilian fintech AGI (NYSE: AGBK) opened for trading on Feb 11, 2026 after completing an IPO that raised $240 million. The NYSE pre-market update noted AGBK’s opening bell appearance and highlighted broader market context, including the Dow closing above 50,000 and a delayed January jobs report.
The same NYSE update also noted Scotts Miracle-Gro (NYSE: SMG) marking its 30th anniversary with a closing bell celebration.
ScottsMiracle-Gro (NYSE: SMG) reported Q1 fiscal 2026 results and announced a planned divestiture of Hawthorne, classified as a discontinued operation, with an expected close in fiscal Q2 2026.
The Board authorized a $500 million share repurchase program to begin in late 2026; the company reaffirmed fiscal 2026 guidance including non-GAAP EPS $4.15–$4.35 and $275 million free cash flow.