Scotts Miracle Gro Q4 2026 Earnings Call Transcript - Scotts Miracle Gro (NYSE:SMG)

Scotts Miracle-Gro reported fourth-quarter results and discussed its SMG 2.0 strategy during a Wednesday earnings call. The company said fiscal 2026 net sales rose 1%, while gross margin and profitability improved as it shifted toward higher-margin branded products. Management highlighted omnichannel expansion and growth in e-commerce, up 24%, along with portfolio optimization and operational excellence. It also cited acquisitions including Black Kow. For fiscal 2027, Scotts Miracle-Gro forecast sales growth of 2% to 4%, continued gross margin expansion, and EPS guidance of $4.70 to $4.90. The company plans to offset headwinds using targeted pricing, cost control and strategic investments.