Scotts Miracle-Gro sees FY26 ajdusted EPS $4.15-$4.35, consensus $4.23

The Company provided direction for fiscal 2026 that includes the following: U.S. Consumer net sales low single-digit growth; Non-GAAP adjusted gross margin of at least 32%; Non-GAAP adjusted earnings per share of $4.15 to $4.35; Non-GAAP adjusted EBITDA mid single-digit growth; Free cash flow of $275 million, driving leverage ratio down to the high 3’s. Mark Scheiwer, chief financial officer and chief accounting officer, added, “We closed the fiscal year with another strong quarter, continuing the momentum we built over the past two years. We not only delivered on our fiscal ’25 guidance, but we also outperformed our expectations for gross margin expansion, EPS and free cash flow, enabling us to reduce our debt levels and leverage ratio. We are well positioned to execute our growth strategy, which is reflected in our fiscal ’26 guidance.”