Scotts Miracle-Gro (SMG) Q2 FY26 earnings call

The company reported strong Q2 FY26 results, driven by significant gross margin expansion, robust e-commerce growth, and a reduction in leverage, affirming its full-year guidance. Management is initiating a multi-year share repurchase program and outlining a long-term SMG 2.0 growth strategy focused on channel expansion, innovation, and operational efficiencies. The company is preparing to address potential commodity inflation in FY27 through strategic pricing adjustments.