Scotts Miracle-Gro publishes Q4 2026 earnings call transcript
SMG•Scotts Miracle-Gro forecast fiscal 2027 sales growth of 2%-4% and adjusted earnings of $4.70-$4.90 per share. Fiscal 2026 adjusted earnings rose 18% to $4.48 per share, while sales increased 1% to $3.29 billion.
1. Fiscal 2027 outlook
Management forecast fiscal 2027 sales growth of 2%-4% and adjusted earnings of $4.70-$4.90 per share. Commodity headwinds could reach $100 million, while targeted price increases averaging 4% are expected to yield roughly 2% net growth after elasticity effects. CEO Nathan Baxter said earnings guidance could withstand flat to slightly lower sales, supported by expense flexibility.
2. Fiscal 2026 results
Fiscal 2026 adjusted earnings rose 18% to $4.48 per share, and annual sales increased 1% to $3.29 billion.
