NYSE:SMGChemicals
Should Scotts Miracle-Gro’s (SMG) New Buyback and Product Push After a Quarterly Loss Require Action From Investors?
In late January 2026, Scotts Miracle-Gro reported first-quarter fiscal 2026 results showing US$354.4 million in sales and a net loss of US$125 million, while reaffirming full-year guidance and unveiling a multiyear US$500 million share repurchase program alongside an ongoing dividend of US$0.66 per share.
Management also outlined plans for margin-accretive tuck-in acquisitions, new kid- and pet-focused lawn products, and a 10-minute lawn care program, underscoring a tighter focus on...