Mar 08, 2022 / 01:40PM GMT
Joseph Nicholas Altobello - Raymond James & Associates, Inc., Research Division - MD & Senior Analyst
All right. Good morning, everybody. Thank you for joining us for our next presentation of the day from Scotts Miracle-Gro. Scotts is the unquestioned leader in the U.S. Consumer lawn and garden industry with brands that include Scotts and Miracle-Gro, obviously, as well as Ortho and Roundup, just to name a few. In addition, it's Hawthorne Hydroponics segment is the leading supplier to cannabis cultivators, both in North America as well as in Europe and across nearly every product category.
Over the past 2 years, the U.S. Consumer segment has clearly benefited from a surge in demand throughout the COVID-19 pandemic as millions of households have entered the category, including the key millennial demographic. Thus far, demand has held up well, though it's unclear exactly how the consumer will respond to multiple price increases to offset heightened cost pressures. At the same time, demand on the hydroponics side has suffered from an oversupply of cannabis that has weighed on pricing and
Scotts Miracle-Gro Co at Raymond James Institutional Investors Conference Transcript
Feb 11, 2024
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