The Scotts Miracle Gro Co (NYSE:SMG)
$ 69.76 1.08 (1.57%) Market Cap: 3.96 Bil Enterprise Value: 6.65 Bil PE Ratio: 0 PB Ratio: 0 GF Score: 73/100

Scotts Miracle-Gro Co at Raymond James Institutional Investors Conference Transcript

Mar 04, 2019 / 12:30PM GMT
Joseph Nicholas Altobello
Raymond James & Associates, Inc., Research Division - MD & Senior Analyst

Okay, good morning, everybody, and thank you for joining us for the 40th Annual Raymond James Institutional Investors Conference. I'm Joe Altobello, Senior Equity Research Analyst here at Raymond James, covering the household, personal care and leisure space. And we're very pleased to kick off the conference with our first presentation of the day, ScottsMiracle-Gro.

Scotts is an unquestioned leader in the U.S. consumer lawn and garden space, with brands that include not only Scotts and Miracle-Gro but also Ortho and Roundup on the controls side. In recent years, the company has expanded into hydroponics in order to capitalize on the growing legalization of cannabis. To be clear, Scotts does not sell cannabis, but it does sell everything necessary to grow it from soils to nutrients, to lighting, to HVAC equipment and everything in between.

Here to tell us about it is the company's CFO, Randy Coleman. Also in attendance is the Head of Investor Relations, Corporate Affairs and

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