Scotts Miracle-Gro Reports Q2 Earnings and Strategic Progress
Scotts Miracle-Gro reported strong second-quarter results with a debt-to-EBITDA ratio of 3.71x, the first time below four times in four years, following the completion of its Hawthorne divestiture. The company reaffirmed fiscal 2026 guidance and outlined an aggressive growth plan through e-commerce expansion and operational improvements.
Tickers: $SMG
Topics: debt reduction divestiture earnings e-commerce growth strategy margin expansion share repurchase