NYSE:SMGChemicals
Scotts Miracle Gro (SMG) Returns To Trailing Profitability But Q1 Loss Tests Bullish Narratives
Scotts Miracle Gro (SMG) opened fiscal Q1 2026 with revenue of US$354.4 million and a basic EPS loss of US$0.83. Earnings from discontinued operations weighed on the bottom line with a loss of US$77.2 million, while net income from ongoing operations came in at a loss of US$47.8 million. The company reported quarterly revenue of US$416.8 million in Q1 2025 and US$354.4 million in Q1 2026. Over the same period, basic EPS moved from a loss of US$1.21 to a loss of US$0.83. This sets up a quarter...