Reliance Steel & Aluminum Co. (RS) Q4 2022 Earnings Call Transcript

For the period ending December 31, 2022

February 16, 2023 11:00 a.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Greetings. And welcome to the Reliance Steel & Aluminum Company’s Fourth Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions]

As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Kim Orlando, with ADDO Investor Relations.

Kim Orlando

Thank you, Operator. Good morning. And thanks to all of you for joining our conference call to discuss Reliance’s fourth quarter and full year 2022 financial results. I am joined by Karla Lewis, President and Chief Executive Officer; Steve Koch, Executive Vice President and Chief Operating Officer; and Arthur Ajemyan, Senior Vice President and Chief Financial Officer. A recording of this call will be posted on the Investors section of our website at investor.rsac.com.

The press release and the information on this call may contain certain forward-looking statements which are based on a number of assumptions that are subject to change and involve known and unknown risks, uncertainties or other factors, including the impacts of inflation, geopolitics and the COVID-19 pandemic and related economic conditions on our future operations, which may not be under the company’s control and may cause the actual results, performance or achievement of the company to be materially different from the results, performance or other expectations implied by these forward-looking statements.

These factors include, but are not limited to, those factors disclosed in the company’s annual report on Form 10-K for the year ended December 31, 2021 and updated on Form 10-Q for the quarter ended September 30, 2022, under the caption Risk Factors, disclosure in our press release this morning and other documents Reliance files or furnishes with the Securities and Exchange Commission. The press release and the information on this call speak only as of today’s date and the company disclaims any duty to update the information provided therein inherent.

I will now turn the call over to Karla Lewis, President and CEO of Reliance.

Karla Lewis

Thanks, Kim. Good morning, everyone. And thank you all for joining us today to discuss our fourth quarter and full year 2022 financial results. Before I begin, I’d like to say that I am honored to have the privilege to serve as CEO of this wonderful family of companies. I look forward to continuing our longstanding track record of industry leading financial operational and safety performance, growing our company and increasing stockholder value in the years ahead.