The Scotts Miracle-Gro Company (SMG) CEO Jim Hagedorn on Q1 2021Results - Earnings Call Transcript

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Q1: 2021-02-03 Earnings Summary

EPS of $0.39 beats by $1.06
 | Revenue of $748.60M (104.65% Y/Y) beats by $124.62M

The Scotts Miracle-Gro Company (NYSE:SMG) Q1 2021Results Conference Call February 3, 2021 9:00 AM ET

Company Participants

Jim King - Investor Relations
Jim Hagedorn - Chairman & CEO
Cory Miller - Interim CFO
Mike Lukemire - President & Chief Operator
Chris Hagedorn - Hawthorne Division President

Conference Call Participants

Bill Chappell - Truist Securities
William Reuter - Bank of America
Joe Altobello - Raymond James
Eric Bosshard - Cleveland Research
Jon Andersen - William Blair
Alex Maroccia - Berenberg

Operator

Good day, and welcome to The Scotts Miracle-Gro Company's First Quarter 2021 Earnings Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Jim King, please go ahead.

Jim King

Good morning, everyone, and welcome to The Scotts Miracle-Gro first quarter conference call. We're taking a slightly different approach this morning as we're managing this call remotely for the first time. In a moment, you'll hear prepared remarks from our Chairman and Chief Executive Officer, Jim Hagedorn; as well as our Interim Chief Financial Officer, Cory Miller. At the conclusion of those remarks, we'll go live to take your questions. Jim and Cory will participate in Q&A session, as will our President and Chief Operator, Mike Lukemire; and Hawthorne Division President, Chris Hagedorn. In the interest of time, we ask you to keep to one question and to one follow up. I've already scheduled time with many of you after this call to fill in the gaps. Anyone else who wants to set up some Q&A time can call me directly at (937) 578-5622, and we'll work to set up some time as quickly as we can.

A couple of IR housekeeping items before we begin. We will be participating in a virtual fireside chat at the Truist Securities Consumer Symposium on

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