Scotts Miracle-Gro is upgraded to a 'Buy' after a 27% decline, with ~20% upside to a ~$60 fair value. SMG pivots to higher-margin branded products, prioritizing margin expansion, disciplined growth, and leverage reduction below 3.5x. Management targets 2%-4% sales growth, 5%-8% EPS growth, and stable free cash flow, supporting capital returns as the balance sheet strengthens.
SMG hits its $275 million fiscal 2026 free cash flow target while reducing debt, renewing liquidity and starting buybacks under a $500 million program.
Scotts Miracle-Gro's Black Kow buyout advances its 2.0 growth plan, expanding soil amendments while targeting sales, margin and EPS gains.
Scotts (SMG) reported earnings 30 days ago. What's next for the stock?
SMG's growth, margin gains and deleveraging support its outlook, but cost pressures and seasonal demand remain key challenges.
SMG Swiss Marketplace Group Holding AG (SMGSY) Q2 2026 Earnings Call Transcript
The Scotts Miracle-Gro Company (SMG) Analyst/Investor Day Transcript
Scotts Miracle-Gro NYSE: SMG outlined its “SMG 2.0” strategy at an investor event, emphasizing a shift toward higher-margin branded products, digital commerce, consumer-focused innovation, operational efficiency and disciplined capital allocation.
Scotts Miracle-Gro's fiscal Q3 earnings beat estimates on Bonnie JV strength and a lower tax rate, while sales missed and freight costs squeezed margins.
Trump promoted Scotts Miracle-Gro from the Oval Office Monday, saying it does "great grass." He said he had to give the company a "plug" because it did the White House lawn for free.
Scotts Miracle-Gro NYSE: SMG reported third-quarter fiscal 2026 net sales of $1.17 billion, up 1% from a year earlier, while reaffirming its full-year outlook and raising its adjusted earnings-per-share guidance. The company said its results reflected growth in branded products, e-commerce expansion and supply-chain savings, partly offset by higher freight and commodity costs.
The Scotts Miracle-Gro Company (SMG) Q3 2026 Earnings Call Transcript