The Scotts Miracle-Gro Company (NYSE:SMG) Q2 2023 Earnings Conference Call May 3, 2023 9:00 AM ET

Company Participants

Aimee DeLuca - Senior Vice President, Investor Relations

Jim Hagedorn - Chairman and CEO

Matt Garth - Chief Financial Officer

Mike Lukemire - President and COO

Chris Hagedorn - Division President, Hawthorne

Patti Ziegler - Vice President, Global Marketing and Communications

Conference Call Participants

Chris Carey - Wells Fargo

Andrew Carter - Stifel

Joe Altobello - Raymond James

Bill Chappell - Truist Securities

Eric Bosshard - Cleveland Research

William Reuter - Bank of America

Operator

Good morning, and welcome to The Scotts Miracle-Gro Company’s Q2 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions]

I would now like to hand the call over to Investor Relations lead for Scotts Miracle-Gro, Aimee DeLuca. Please go ahead.

Aimee DeLuca

Thank you, and good morning. Welcome to The Scotts Miracle-Gro Second Quarter Earnings Conference Call.

Joining me this morning are, Chairman and CEO, Jim Hagedorn; our President and Chief Operating Officer, Mike Lukemire; Matt Garth, our Chief Financial Officer, and Chris Hagedorn, Group President of Hawthorne.

In a moment, Jim, Mike, and Matt will share some prepared remarks, and then we’ll open the call to your questions.

As always, we expect to make forward-looking statements, so I want to caution everyone that our actual results could differ materially from what we relate today. Please refer to our Form 10-K, which was filed with the Securities and Exchange Commission, so that you may familiarize yourself with the full range of risk factors that could impact our results.

I’ve already scheduled time with many of you after the call to fill in any gaps. Anyone who likes further discussion can call me directly at 937-578-5621 and we’ll work to set up some time as quickly as possible.

Also, please note that today’s call is being recorded and an archived version of the call will be published on our website at investors.scotts.com.

With that, let’s get started. I’ll turn the call over to Jim Hagedorn to begin. Jim?

Jim Hagedorn

Thanks, Aimee. Good morning, everyone. We have plenty to cover, but if I had to narrow it down to a single theme, it would go like this. It's been a hell of a year. As rough as it was, we're in a better place and we've accomplished it without diluting our shareholders.