The Scotts Miracle-Gro Company (NYSE:SMG) Q1 2023 Earnings Call Transcript

Again, we think that was mostly weather. And then, I would say, Hawthorne, just starting to make numbers is — I would think those are the two risks and we are covering a lot of that risk. When we say we can do better than $185 million. It’s — we have got room to cover if we have to. I think on the positive side, which people are starting to feel a little bit positive, particularly on the consumer side is, how much of that money can they reinvest back into the consumer activation. Remember, it’s already up, but I think Patti’s expectation on the brand side is that, if they overachieve early season that there’s more money to continue to push activation. So I think the big risk is the consumer showing up in Hawthorne. Springboard savings are ahead of plan, and they will continue to be ahead of plan.

And that gives us room to sort of cover and I think that answers the question, I think.

William Reuter: Perfect. That’s all for me. Thank you.

Jim Hagedorn: Thank you.

Operator: Thank you. That’s all we have — the time we have for questions. Thank you for participating in today’s conference. This does conclude the program and you may now disconnect. Everyone have a great day.

Jim Hagedorn: Thank you all.