Q3 FY2026 EarningsQ3 FY26 results presented a slight revenue beat but a significant bottom-line miss compared to consensus. Net sales reached $1,172.1M vs. $1,169.2M expected, driven by strength in the Other (Canada) segment and Roundup marketing agreements. However, GAAP Diluted EPS of $1.75 fell drastically short of the $2.62 mean consensus, primarily impacted by $48.2M in impairment and restructuring charges. Gross margin of 31.2% also trailed the 32.0% expectation as higher transportation costs offset supply chain savings.
Overview: Scotts Miracle - Gro(SMG) the Revenue is 1.172 B (-1.34%), Beat estimate;the EBIT is 217.9 M (-1.49%), Beat estimate;the EPS is 1.9 (-25.2%), Miss estimate.