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ScottsMiracle-Gro posts 5% sales rise and margin gains, boosting EPS by up to 18% in Q2 2026

Company Fundamentals
29 Apr 2026
GlobeNewsWire
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Bullish
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ScottsMiracle-Gro reported a 5% increase in net sales to $1.46 billion and improved gross margin rates by over 200 basis points in Q2 2026, driving an 18% rise in GAAP EPS to $4.46. The company also reduced its net leverage ratio to 3.71x from 4.41x the previous year, supporting its ongoing share repurchase program. Management reaffirmed its fiscal 2026 outlook, expecting continued sales growth, margin expansion, and free cash flow improvements. Strong sales momentum into April further boosts confidence in meeting full-year financial targets.

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Slate Medicines appoints Mark W. Hahn to board to boost migraine drug development.

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Klarna's growth driven by strong financing, low-cost funding, and expanding customer base despite market volatility risks.

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