Scotts Miracle-Gro raises FY2026 EPS guidance to $4.30–$4.45 on Q3 beat

Filed July 29, 2026 · Period ending July 29, 2026 · ~1 min read

Key Changes

• high

  Raised full-year non-GAAP EPS guidance from $4.15–$4.35 to $4.30–$4.45; Q3 non-GAAP EPS of $2.82 up 8% year-over-year on sales of $1.17 billion (up 1%).

  Exhibit 99.1 view on EDGAR →
• high

  Nate Baxter succeeded Jim Hagedorn as CEO on June 29, 2026, with public support from the Hagedorn Partnership (largest shareholder); Hagedorn retired after 25 years as CEO.

  Exhibit 99.1 view on EDGAR →
• medium

  Q3 gross margin declined 100 basis points (non-GAAP) year-over-year to 31.3% due to higher freight and commodity costs from the Iran conflict; full-year margin expansion remains on track.

  Exhibit 99.1 view on EDGAR →