Scotts Miracle-Gro Q2 2026 Earnings Call Summary
Scotts Miracle-Gro Company (SMG) reported progress in its four-year financial recovery, reducing leverage to 3.71x and divesting the Hawthorne business. The company is targeting $1 billion in incremental sales by 2030, with $800 million expected from e-commerce, and plans to eliminate 30% of low-performing SKUs to improve margins.
Tickers: $SMG
Topics: AI strategy earnings call e-commerce growth financial recovery margin targets portfolio rationalization share repurchase strategic shift