The Scotts Miracle-Gro Foundation and KidsGardening Announce the 2026 GroMoreGood Grassroots Grantees
Rhea-AI Summary
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.
Positive
- None.
Negative
- None.
News Market Reaction – SMG
In the May 6 session, SMG gained 4.65%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 29 | Q2 earnings results | Positive | -4.5% | Reported higher Q2 sales, wider margins, stronger EPS and reaffirmed 2026 guidance. |
| Apr 22 | Earnings timing | Neutral | +0.9% | Announced date and webcast details for upcoming Q2 2026 financial results release. |
| Apr 20 | Dividend declaration | Positive | -3.2% | Declared a $0.66 per share quarterly cash dividend with specified record and pay dates. |
| Apr 09 | Business divestiture | Positive | -2.0% | Completed sale of Hawthorne subsidiary to Vireo Growth and reaffirmed fiscal 2026 guidance. |
| Apr 02 | Guidance reaffirmed | Positive | +4.7% | Reaffirmed 2026 guidance, highlighted high domestic sourcing and planned share repurchases. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent history shows several positive or shareholder-friendly announcements often met with negative price reactions, with only guidance reaffirmation aligning positively with the market response.
Over the last month, SMG has reported stronger fundamentals and portfolio changes. On Apr 2, it reaffirmed fiscal 2026 guidance and highlighted margin recovery plans. On Apr 9, it completed the Hawthorne divestiture while keeping its outlook intact. The company then declared a $0.66 quarterly dividend on Apr 20 and posted Q2 net sales of $1.46B with improved margins on Apr 29. Against this backdrop, today’s GroMoreGood community grant announcement reflects ongoing brand and community engagement rather than a direct financial catalyst.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MARYSVILLE, Ohio, May 05, 2026 (GLOBE NEWSWIRE) -- To promote active engagement with green spaces during childhood, The Scotts Miracle-Gro Foundation and KidsGardening have named 120 community organizations as recipients of the 2026 GroMoreGood Grassroots Grant. This annual initiative provides funding to support local programs to establish or expand youth-focused gardens and outdoor play spaces.
Spring through fall, these grants empower organizations to transform green spaces into hands-on classrooms. This year’s recipients were selected based on educational impact, participant reach, socioeconomic need and the long-term sustainability of the programs.
“Our vision centers on getting more young people into the garden, and so we're excited to announce the winners of the 2026 GroMoreGood Grassroots Grant,” says KidsGardening Executive Director Em Shipman. “By investing in these incredible programs, we’re building more than gardens together. We’re also cultivating community resilience and providing thousands of kids with the life-changing opportunity to connect with nature firsthand.”
The 2026 recipients represent 37 states across the country and U.S. territories and anticipates connecting more than 23,576 youth with garden-based learning opportunities. Financial awards were distributed in early spring 2026, allowing programs to break ground in time for the growing season.
“At the heart of our mission are the people turning green spaces into meaningful community experiences,” said Brian Herrington, president of The Scotts Miracle-Gro Foundation. “This year’s grantees will do powerful and inspiring work to bring children into the world of gardening while creating edible gardens in the neighborhoods they call home.”
For a comprehensive list of this year's recipients and to learn more about the initiative, please visit the GroMoreGood Grassroots Grant Winners page.
About The Scotts Miracle-Gro Foundation
The mission of The Scotts Miracle-Gro Foundation is to inspire, connect and cultivate a community of purpose. The Foundation is deeply rooted in helping create healthier communities, empower the next generation and preserve our planet. The Foundation is a 501(c)(3) organization that funds non-profit entities that support its core initiatives in the form of grants, endowments and multi-year capital gifts. For more information, visit www.scottsmiraclegrofoundation.org.
About KidsGardening
KidsGardening is a national nonprofit organization creating opportunities for kids to play, learn, and grow through gardening. They provide grants and original educational materials to more than 2.7 million kids across the country. For more information and to support their work, visit www.kidsgardening.org.
For media inquiries: Katherine Dickens, Director, Corporate Responsibility & Impact
katherine.dickens@scotts.com
Beth Saunders, KidsGardening Marketing and Communications Director
beths@kidsgardening.org
