The Scotts Miracle-Gro Company (NYSE:SMG), the leading marketer of branded consumer lawn and garden products in North America, announced today that it is reaffirming its full fiscal year 2026 guidance. The Company is providing the financial update before the close of its fiscal third quarter on June 27 to coincide with its presentation today at the William Blair Annual Growth Stock Conference.

Fiscal 2026 Outlook

The fiscal 2026 guidance that has been reaffirmed by the Company includes:

  • U.S. Consumer net sales low single-digit growth
  • Non-GAAP adjusted gross margin of at least 32%
  • Non-GAAP adjusted net income per share from continuing operations of $4.15 to $4.35
  • Non-GAAP adjusted EBITDA mid single-digit growth
  • Free cash flow of approximately $275 million, driving leverage ratio down to the high 3's