Scotts Miracle-Gro Company (The) (SMG) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Welcome to Scott's Miracle-Gro's first quarter 2026 earnings webcast. I'm Brad Shelton, head of investor relations. Speaking today are Chairman and CEO Jim Hagedorn, President and Chief Operating Officer Nate Baxter, and Chief Financial Officer and Chief Accounting Officer Mark Scheuer. Jim will provide a strategic overview, Nate will provide a business update, and Mark will follow with a review of our financial results. In conjunction with our commentary today, please review our earnings release and supplemental financial presentation slides, which were published on our website at investor.scotts.com prior to this webcast. During our review, we will make forward-looking statements and discuss certain non-GAAP financial measures. Please be aware that our actual results could differ materially from what we share today. Please refer to our Form 10-K filed with the SEC for details of the full range of risk factors that could impact our results. Following the webcast, Executive Vice President and Chief of Staff Chris Hagedorn will join Jim, Nate, and Mark for an audio-only Q&A session. To listen to the Q&A, simply remain on this webcast. To participate, please join by the audio link shared in our press release. As always, today's session will be recorded. An archived version will be published on our website. For further discussion after the call, please email or call me directly. With that, let's get started with Jim's update. Good morning, everyone. I'm taking a slightly different approach with our call today. I'm going to focus on the strategies we're employing to drive more value for Scott's Miracle-Gro shareholders, along with a discussion around new, longer-term financial priorities we've established through 2030. Nate will take you through the progres...