NYSE:SMGChemicals
Scotts Miracle-Gro’s (SMG) Margin Squeeze: Does a Steady Dividend Mask Deeper Profitability Strains?
In its recently reported results for the quarter and nine months ended June 27, 2026, Scotts Miracle-Gro posted slightly higher sales of US$1,172.1 million and US$2,986.1 million respectively, but lower net income of US$112.2 million and US$225.8 million compared with the prior-year periods, while also affirming a US$0.66 per-share cash dividend payable in September 2026.
The combination of rising revenue but weaker profitability highlights cost and margin pressures that could be...