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Earnings Score 42 Bullish

Scotts Miracle-Gro Reports Q2 Growth with Revenue Climbing to $1.46 Billion

Apr 29, 2026 12:20 UTC
SMG
Short term

The Scotts Miracle-Gro Co. posted an increase in second-quarter profits and revenue compared to the previous year. The company also provided full-year earnings guidance ranging from $4.15 to $4.35 per share.

  • Q2 earnings reached $263.3 million
  • Revenue increased 5% year-over-year to $1.459 billion
  • EPS grew from $3.78 to $4.46
  • Adjusted earnings reported at $267.8 million
  • Full-year EPS guidance projected at $4.15 to $4.35

The Scotts Miracle-Gro Co. (SMG) has announced a positive trajectory for its second quarter, reporting a significant increase in both net income and top-line revenue over the same period last year. The results indicate a steady growth phase for the lawn and garden giant, as the company manages to expand its margins and increase its overall scale within the retail environment. For the quarter, the company reported GAAP earnings of $263.3 million, translating to $4.46 per share, up from $220.7 million or $3.78 per share in the prior year. Revenue grew by 5.0%, reaching $1.459 billion compared to $1.389 billion a year ago. On an adjusted basis, earnings were slightly higher at $267.8 million, or $4.53 per share. Looking ahead, the company has set its full-year earnings per share guidance between $4.15 and $4.35. Investors will likely view the revenue growth and EPS beat as a sign of operational efficiency. The provided guidance establishes a clear baseline for expectations as the company moves into the latter half of the fiscal year.

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