8-K filing — SCOTTS MIRACLE-GRO CO (SMG)
Filed: 2026-08-27 AccNo: 0000825542-26-000043 Size: 211 KB Item 1.01: Entry into a Material Definitive Agreement Item 9.01: Financial Statements and Exhibits
Read original at edgarStocks · News reference
Reference details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Filed: 2026-08-27 AccNo: 0000825542-26-000043 Size: 211 KB Item 1.01: Entry into a Material Definitive Agreement Item 9.01: Financial Statements and Exhibits
Read original at edgarThe global urban gardening products market is projected to grow from USD 22.5 billion in 2025 to USD 53.5 billion by 2035, driven by urbanization, sustainability awareness, and increased interest in home-grown food production. Key growth areas include containers/planters and vegetable cultivation, with smart gardening technologies and eco-friendly solutions gaining traction among urban consumers.
Read original at globenewswire-incScottsMiracle-Gro announced mid-range financial targets for fiscal 2027-2029 during its Investor Day at NYSE, including 2-4% annual net sales growth, 50-100 basis points gross margin improvement, and 5-8% adjusted EPS growth. The company outlined its SMG 2.0 strategy focused on portfolio optimization, omnichannel expansion, category growth, and technology-driven operational excellence, while maintaining disciplined capital allocation with free cash flow targets above $275 million and leverage ratios of 3-3.5x.
Read original at globenewswire-incStifel analyst W. Andrew Carter maintains Scotts Miracle Gro (NYSE:SMG) with a Buy and raises the price target from $75 to $76.
Read original at benzinga