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Scotts Miracle Gr (SMG) Stock News

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Welcome to our dedicated page for Scotts Miracle Gr news (Ticker: SMG), a resource for investors and traders seeking the latest updates and insights on Scotts Miracle Gr stock.

The Scotts Miracle-Gro Company reports developments in branded consumer lawn and garden products in North America, including the Scotts®, Miracle-Gro®, Ortho® and Tomcat® brands. Company news centers on sales trends, gross margin recovery, leverage, cash generation, dividends and capital allocation, along with guidance for its core U.S. Consumer lawn and garden business.

Updates also cover product and channel initiatives, such as patio and container gardening collaborations, community gardening grants through The Scotts Miracle-Gro Foundation, and completed portfolio actions. The completed sale of The Hawthorne Gardening Company shifted the company's public updates toward its North American consumer lawn and garden franchise after Hawthorne's indoor and hydroponic gardening supplies were treated as discontinued operations.

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Miracle-Gro (NYSE:SMG) will showcase its modernized, integrated organic gardening portfolio at Cultivate ’26 in Columbus, Ohio. The interactive exhibit runs July 12–14 at booth #345 in the Greater Columbus Convention Center.

Chief Gardening Officer Martha Stewart appears July 13, highlighting the “It’s All Gardening” philosophy and Miracle-Gro’s trusted organic products. The exhibit features Bonnie Plants and demos of the new Raised Bed Revitalizer, organic plant food solutions, merchandising insights, expert consultations and exclusive samples.

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Scotts (NYSE:SMG), The Scotts Miracle-Gro Foundation, Columbus Crew, Every Kid Sports and Columbus Recreation and Parks launched Grow Her Game, a Fall 2026 soccer initiative for Columbus girls ages 4–7.

The program covers registration fees for up to 400 girls, provides equipment donations, and ends with a clinic at ScottsMiracle-Gro Field.

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ScottsMiracle-Gro (NYSE: SMG) named Nate Baxter president and CEO and elected lead independent director Pete Shumlin as chairman, effective immediately, succeeding longtime CEO and chairman Jim Hagedorn. The company reaffirmed its fiscal 2026 outlook, including at least 32% non-GAAP adjusted gross margin and $4.15–$4.35 non-GAAP adjusted EPS.

Guidance also calls for low single-digit U.S. Consumer net sales growth, mid single-digit non-GAAP adjusted EBITDA growth, and about $275 million in free cash flow, expected to reduce the leverage ratio to the high 3s.

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ScottsMiracle-Gro (NYSE: SMG) appointed Nick Miaritis as executive vice president and chief brand officer, a new executive role overseeing all brands and marketing. Reporting to the president and COO, he will help drive the SMG 2.0 transformation toward a premier outdoor lifestyle brand, with focus on ecommerce, social and digital engagement, naturals and organics, and attracting a new generation of consumers.

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ScottsMiracle-Gro (NYSE:SMG) will contribute $1 million in cash, product and expertise to the National Park Service to restore the White House South Lawn after the UFC Freedom 250 event on June 14.

Support includes a proprietary turfgrass blend and ongoing technical guidance.

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ScottsMiracle-Gro (NYSE: SMG) reaffirmed its fiscal 2026 outlook and detailed its 2026 Investor Day. Guidance includes low single-digit U.S. Consumer net sales growth, non-GAAP adjusted gross margin of at least 32%, EPS of $4.15–$4.35, mid single-digit adjusted EBITDA growth, and about $275 million free cash flow, targeting leverage in the high 3s and enabling share repurchases by year-end. Year-to-date branded consumer POS is up ~1%, with about 90% of commodities locked. Investor Day will be held at the NYSE on August 4, 2026.

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ScottsMiracle-Gro (NYSE: SMG) will present at the William Blair 46th Annual Growth Stock Conference in Chicago on June 3, 2026 at approximately 3:20 p.m. CT (4:20 p.m. ET). A live webcast and 90-day archive will be available on the investor relations events page.

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Scotts Miracle-Gro (NYSE:SMG) foundation and KidsGardening named 120 community organizations as 2026 GroMoreGood Grassroots grantees on May 5, 2026. Grants support youth gardens and outdoor play spaces across 37 states and U.S. territories.

Financial awards were distributed in early spring 2026 and are expected to connect more than 23,576 youth with garden-based learning during the growing season.

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ScottsMiracle-Gro (NYSE: SMG) reported Q2 fiscal 2026 net sales of $1.46 billion, up 5% year-over-year, with GAAP gross margin rate of 41.8% (improved ~280 bps). GAAP EPS from continuing operations was $4.46; non-GAAP EPS was $4.53. Net leverage improved to 3.71x from 4.41x.

The company reaffirmed fiscal 2026 guidance including U.S. Consumer net sales low single-digit growth, non-GAAP gross margin at least 32%, non-GAAP adjusted EPS of $4.15–$4.35, and free cash flow target of $275 million.

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ScottsMiracle-Gro (NYSE: SMG) will release second quarter 2026 results on Wednesday, April 29, 2026, prior to U.S. market open, with a video webcast at 8:15 a.m. ET followed by an audio Q&A.

Registration is required for the webcast and the Q&A; a replay and archived materials will remain available on the investor website for at least 12 months. The company reports approximately $3.4 billion in annual sales.

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FAQ

What is the current stock price of Scotts Miracle Gr (SMG)?

The current stock price of Scotts Miracle Gr (SMG) is $65.48 as of July 10, 2026.

What is the market cap of Scotts Miracle Gr (SMG)?

The market cap of Scotts Miracle Gr (SMG) is approximately 3.8B.