Scotts Miracle-Gro Co Annual Shareholders Meeting Transcript - Thomson StreetEvents

Scotts Miracle-Gro Co Annual Shareholders Meeting Transcript

Scotts Miracle-Gro Co Annual Shareholders Meeting Transcript - Thomson StreetEvents
Scotts Miracle-Gro Co Annual Shareholders Meeting Transcript
Published Jan 27, 2025
8 pages (4350 words) — Published Jan 27, 2025
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of SMG.N shareholder or annual meeting 27-Jan-25 2:00pm GMT

  
Brief Excerpt:

...Good morning, everyone. I'm Jim Hagedorn, Chairman and Chief Executive Officer of The Scotts Miracle-Gro Company. Welcome to our Annual Meeting of Shareholders. Before we get into today's business, I want to take you through the journey we've been on over the past two years. We were intensely focused on getting the company to a better financial place. And there were some within and outside of the organization who thought we should cancel or reduce the dividend or raise equity through a dilutive share sale. But we believed we could make progress without pursuing either of these value-decreasing actions. We elected a more painful and disciplined remedy through self-help, and it was tough. We made significant progress in fiscal '23, cutting $400 million from the business, reinvesting $100 million back. This helped us establish fiscal '24 as the turning point. In fiscal '24, the two priorities I cared the most about were our commitment to our shareholders and banks to generate over $1 billion...

  
Report Type:

Transcript

Source:
Company:
Scotts Miracle-Gro Co
Ticker
SMG.N
Time
2:00pm GMT
Format:
PDF Adobe Acrobat
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MLA:
Thomson StreetEvents. "Scotts Miracle-Gro Co Annual Shareholders Meeting Transcript" Jan 27, 2025. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Scotts-Miracle-Gro-Co-Annual-Shareholders-Meeting-T16212759>
  
APA:
Thomson StreetEvents. (2025). Scotts Miracle-Gro Co Annual Shareholders Meeting Transcript Jan 27, 2025. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Scotts-Miracle-Gro-Co-Annual-Shareholders-Meeting-T16212759>
  
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