Scotts Miracle-Gro Co at UBS Global Consumer and Retail Conference Transcript

Mar 16, 2023 / 02:00PM GMT
Peter K. Grom - UBS Investment Bank, Research Division - Director of Equity Research & Analyst

Good morning, everyone, and welcome to the UBS Global Consumer and Retail Conference here in New York City. My name is Peter Grom. I'm the UBS U.S. Beverages and Household product analyst. And we are very excited to have joining us this morning from The Scotts Miracle-Gro, Chief Financial Officer and Executive Vice President, Matt Garth. The past few years for Scotts Miracle-Gro has been volatile to say the least, with the company seeing outsized top and bottom line growth during the pandemic with performance recently a bit more challenged as a result of demand normalization across a number of different categories, outsized cost inflation, inventory dynamics, a whole slew of things. And I know the path forward remains a bit uncertain here, but there does seem to be a higher degree of confidence that Scotts can emerge on this. So there seems to be there's just a view ties kind of light at the end of the tunnel.

So we have a lot of ground to cover today. I have a series of questions that I plan to run

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