Scotts Miracle-Gro reaffirms fiscal 2026 outlook, expects at least 32% adjusted gross margin

Reuters04-02 19:01

Scotts Miracle-Gro reaffirms fiscal 2026 outlook, expects at least 32% adjusted gross margin

Scotts Miracle-Gro reaffirmed fiscal 2026 guidance, citing limited expected impact from global commodity disruption tied to Iran War.
Outlook includes U.S. Consumer low single-digit net sales growth.
Forecast calls for non-GAAP adjusted gross margin of at least 32%.
Cost assumptions reflect about 80% of fiscal-year commodities locked by March 28, 2026.
Sourcing profile shows about 90% of cost of goods sold domestic, including nearly 100% of urea for fertilizer products.

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: 202604020700PRIMZONEFULLFEED9683104) on April 02, 2026, and is solely responsible for the information contained therein.

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