ScottsMiracle-Gro (SMG) Reaffirms Fiscal 2026 Guidance

The Scotts Miracle-Gro Company (NYSE:SMG) is one of the 11 Biggest Agriculture Stocks to Buy in 2026.

On April 2, 2026, The Scotts Miracle-Gro Company (NYSE:SMG) reiterated its fiscal 2026 guidance, stating that the Iran War’s global commodity implications will not affect its full-year outlook. By March 28, 2026, the corporation had secured over 80% of its commodity needs and sourced roughly 90% of the cost of products domestically, including nearly all urea under existing contracts. CEO Jim Hagedorn stated that the corporation aims to achieve gross margin recovery and growth plans without supply interruptions while managing commodity swings.

The Scotts Miracle-Gro Company (NYSE:SMG) reported increased consumer involvement and expects the trend to continue into the fiscal third quarter. The company’s debt-to-EBITDA leverage ratio fell below 4x at the conclusion of the fiscal second quarter. Management anticipates U.S. consumer net sales to increase by a low single-digit percentage, with an adjusted gross margin of at least 32%.

ScottsMiracle-Gro (SMG) Reaffirms Fiscal 2026 Guidance

The Scotts Miracle-Gro Company (NYSE:SMG) manufactures, markets, and sells lawn and garden care products, as well as indoor and hydroponic growing solutions. The company’s products and services include lawn care, gardening and landscaping, hydroponic hardware and growing environments, lighting, controls, and marketing agreements.

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