earnings
confidence high
sentiment positive
materiality 0.75
Scotts Miracle-Gro Q2 net sales +5% to $1.46B; adj. EPS $4.53 beats $4.00 YoY
SCOTTS MIRACLE-GRO CO
2026-Q2 EPS reported
$1.93
revenue$1,814,000,000
- GAAP diluted EPS from continuing ops $4.46 vs $3.78; adjusted EPS $4.53 vs $4.00, up 13%.
- Gross margin rate 41.8%, up 280 bps GAAP and 240 bps adjusted YoY.
- Adjusted EBITDA $437.4M, up 9% from $401.6M; net leverage improved to 3.71x from 4.41x.
- U.S. Consumer segment net sales rose 5% to $1.38B; segment profit up 12% to $437.3M.
- FY2026 guidance reaffirmed: adj. EPS $4.15-$4.35; adj. gross margin at least 32%; free cash flow $275M.