The Scotts Miracle Gro Co (NYSE:SMG)
$ 69.31 +1.78 (+2.64%) Market Cap: 4.03 Bil Enterprise Value: 6.37 Bil PE Ratio: 38.72 PB Ratio: 0 GF Score: 63/100

Scotts Miracle-Gro Co at Raymond James TMT and Consumer Conference Transcript

Dec 09, 2025 / 07:20PM GMT
Release Date Price: $52.6 (+0.42%)
Joseph Altobello
Raymond James - Analyst

Good afternoon, everybody, and thank you for joining us. I'm Joe Altobello, leisure analyst here at Raymond James. And I'm very pleased to have with me today senior management from The Scotts Miracle-Gro, including President and COO, Nate Baxter; and CFO, Mark Scheiwer. Welcome, gentlemen.

I'm sure most people in this room are at least somewhat familiar with Scotts as the company is the leader in the consumer lawn and garden space. It also owns a hydroponics business, which is looking to divest and which we'll talk about a little bit later.

Questions & Answers

Joseph Altobello;Mark Scheiwer
Raymond James - Analyst;Scotts Miracle-Gro - Chief Financial Officer

With that in mind, I did want to start with your US consumer business. It gapped up during COVID as consumers entered the category, though it's been rather choppy of late. My first question is, what's been driving the recent volatility from year to year for what historically has been a fairly steady business?

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