Scotts Miracle-Gro Co Annual Shareholders Meeting Transcript

Jan 25, 2021 / 02:00PM GMT
Operator

Ladies and gentlemen, thank you for standing by, and welcome to The Scotts Miracle-Gro Company Annual Meeting.

At this time, I would like to turn the conference over to Mr. James Hagedorn. Please go ahead.

James S. Hagedorn - The Scotts Miracle-Gro Company - CEO & Chairman of the Board

Thank you. Good morning, everyone. My name is Jim Hagedorn, Chairman and Chief Executive Officer of The Scotts Miracle-Gro Company, and I'd like to thank you for joining us this morning for our Annual Meeting of Shareholders.

Before we launch into our agenda, I want to thank our shareholders for their continued support. As you know, we had a record result in fiscal 2020 as millions of consumers turned at to gardening, while dealing with a global pandemic.

Our U.S. Consumer segment grew by 24%, the highest level of growth in memory, and that was not aided by acquisitions. And Hawthorne Garden Company grew by 61%, again, without acquisitions. The business outperformed the competition and further demonstrated its leadership in the indoor cultivation

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