Scotts Miracle-Gro FY26 Q3 GAAP diluted EPS drops 34% to 1.75; net sales rise 1% to 1.17 billion

Reuters2026/07/29 10:50

By:Reuters

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Scotts Miracle-Gro posted fiscal Q3 net sales of $1.17 billion, up 1% year over year.
GAAP diluted EPS from continuing operations fell 34% to $1.75, hit by impairment, restructuring and other non-recurring items.
Non-GAAP adjusted diluted EPS from continuing operations rose 8% to $2.82, helped by Bonnie Plants JV performance and a lower tax rate.
GAAP gross margin narrowed 0.9 percentage points to 31.2% on higher freight and commodity costs tied to the Iran conflict.
Raised full-year non-GAAP adjusted diluted EPS outlook to $4.30-$4.45, reaffirming free cash flow of $275 million and U.S. Consumer low single-digit net sales growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Scotts Miracle-Gro Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607290650PRIMZONEFULLFEED9799687) on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Scotts Miracle-Gro FY26 Q3 GAAP diluted EPS drops 34% to 1.75; net sales rise 1% to 1.17 billion

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