Scotts Miracle-Gro Projects Fiscal 2027 Sales Growth and Adjusted EPS of $4.70 to $4.90
Scotts Miracle-Gro (SMG) has provided financial guidance for fiscal year 2027, forecasting adjusted earnings per share (EPS) in the range of $4.70 to $4.90. The company expects sales growth between 2% and 4%, driven primarily by the performance of its Black Kow product line and strategic pricing initiatives. CEO Nate Baxter noted that fiscal 2026 resulted in operational and financial improvements, positioning the company to accelerate profitability and enhance shareholder returns in the upcoming fiscal year. The outlook suggests a focus on margin expansion through targeted pricing strategies despite broader market fluctuations.
Tickers: $SMG
Topics: earnings call financial performance profitability shareholder returns
Read the full article at Seeking Alpha
Part of the story Scotts Miracle-Gro Reports Q4 2026 Results with EPS Growth and E-commerce Expansion (4 articles)