Scotts Miracle-Gro Co at Truist Securities Consumer Symposium (Virtual) Transcript

Feb 23, 2021 / 08:00PM GMT
William Bates Chappell - Truist Securities, Inc., Research Division - MD

Good afternoon. This is Bill Chappell. I'm the senior equity analyst in consumer at Truist Securities, and welcome to our Truist Consumer Symposium. This afternoon, we have management of Scotts Miracle-Gro. If you don't know it, based in Marysville, Ohio, which is outside of Columbus. Scotts is the leading player in lawn and garden and hydroponic supplies. Its lawn and garden supplies are sold under the names such as Scotts, Miracle-Gro, Ortho and Roundup through a variety of retailers. In fiscal 2020, the company generated $4.1 billion of revenue, then its current market cap is roughly $12.6 billion.

Today, we have Cory Miller, Senior Vice President, Interim Chief Financial Officer; and Jim King, Senior Vice President of Corporate Communications and Investor Relations. I think I got that settled, right? And then, so why don't we just jump in?

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William Bates Chappell - Truist Securities, Inc., Research Division - MD

Obviously, it's been a -- dynamic is
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