Carlisle Companies Incorporated's (CSL) Q2 2022 Earnings Call Transcript

For the period ending June 30, 2022

July 27, 2022 5:00 p.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good afternoon. My name is Jason, and I will be your conference operator today. At this time, I would like to welcome everyone to the Carlisle Companies Second Quarter 2022 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, we will conduct a question-and-answer session.

I would like to turn the call over to Mr. Jim Giannakouros, Carlisle's Vice President of Investor Relations. Jim, please go ahead.

Jim Giannakouros

Thank you. Good afternoon, everyone, and welcome to Carlisle's second quarter 2022 earnings conference call. We released our second quarter financial results after the market closed today, and you can find both our press release and earnings call slide presentation in the Investor Relations section of our website, carlisle.com.

On the call with me today are Chris Koch, Chairman, President and Chief Executive Officer; and Kevin Zdimal, our Chief Financial Officer.

Today's call will begin with Chris giving an update on our progress and achieving our strategic plan, Vision 2025, highlights of our record second quarter and a discussion of current trends. Kevin will discuss the financial details and updated outlook for 2022. Following Chris and Kevin's remarks, we will open up the line for questions.

But before we begin, please refer to Slide 2 of our presentation, where we note that comments today will include forward-looking statements based on current expectations. Actual results could differ materially from these statements due to a number of risks and uncertainties, which are discussed in our press release and SEC filings.

As Carlisle provides non-GAAP financial information we’ve provided reconciliations between GAAP and non-GAAP measures in our press release, and in the appendix of our presentation materials, which again are available on our website.

With that, I will turn the call over to Chris.

Christian Koch

Thank you, Jim. Good afternoon, everyone, and thank you for joining us on our second quarter 2022 earnings call. As we enter the third quarter, we continue to operate in a highly uncertain environment, which has been the case each of these past three years. In addition to an ongoing global pandemic, tight labor markets and supply chain constraints, we are now seeing the global impact of the ongoing war in Ukraine, rising interest rates from a Federal Reserve concern with record inflation, and the uncertain outlook for the American consumer.