ScottsMiracle-Gro completes Black Kow acquisition
The company expands organic gardening solutions nationwide and launches new products for fiscal 2027.
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Lawn and garden products manufacturer
scottsmiraclegro.comLast updated
In short: ScottsMiracle-Gro completed the Black Kow acquisition, expanding the organic gardening brand’s retail reach nationwide.
The company expands organic gardening solutions nationwide and launches new products for fiscal 2027.
The company redeemed $250 million in notes, renewed a $750 million facility, and began share repurchases while hitting its free cash flow target.
Leadership details initiatives including portfolio optimization, retail expansion, and AI-driven supply chain efficiencies while targeting consistent earnings growth and reduced leverage through 2029.
At Investor Day 2026, it outlined fiscal 2027-2029 goals: 2-4% annual sales growth, 5-8% adjusted EPS growth, and 3-3.5x leverage.
Scotts Miracle-Gro第三季度调整后每股收益为$2.82,超出预期13.7%;营收达$1.17B,符合预期,同比增长1%。 公司将2026财年调整后每股收益指引从$4.15-$4.35上调至$4.30-$4.45,理由是强劲的执行力以及较低的利息支出。 季度毛利率从32.1%下降至31.2%,原因是地缘政治干扰和运费压力导致商品成本增加$15M。 管理层预计,通过定价策略和成本削减...
Scotts Miracle-Gro's fiscal Q3 earnings beat estimates on Bonnie JV strength and a lower tax rate,...
NEW YORK, Aug. 04, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the leading marketer of branded consumer lawn and garden products in...
MARYSVILLE, Ohio (AP) — MARYSVILLE, Ohio (AP) — Scotts Miracle-Gro Co. (SMG) on Wednesday reported fiscal third-quarter net income of $112.2 million. On ...
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