Scotts Miracle-Gro Reports Q4 2026 Results with EPS Growth and E-commerce Expansion
Scotts Miracle-Gro (SMG) reported its fiscal 2026 fourth-quarter results, highlighted by an 18% year-over-year improvement in non-GAAP adjusted EPS to $4.48. While annual net sales grew 1% to $3.29 billion, the company faced a Q4 decline of 11% as retailers adjusted purchase timing. Growth was primarily driven by branded products and a significant 24% surge in e-commerce point-of-sale dollars, which now represent 13% of total sales. Looking ahead to fiscal 2027, management issued EPS guidance of $4.70 to $4.90 and projected sales growth between 2% and 4%. However, the company faces significant headwinds, including approximately $100 million in anticipated commodity cost increases from raw materials and freight, as well as inventory adjustments at major retailers. To mitigate these pressures, SMG plans a 4% average price increase and continues its focus on supply chain automation and IT transformation.
Coverage
- 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
- Scotts Miracle-Gro Projects Fiscal 2027 Sales Growth and Adjusted EPS of $4.70 to $4.90
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- Scotts Miracle-Gro Reports Q4 2026 Results with EPS Growth and E-commerce Expansion