Berry Global Group, Inc. (NYSE:BERY) Q2 2023 Earnings Conference Call May 4, 2023 10:00 AM ET

Company Participants

Dustin Stilwell - Head, IR

Thomas Salmon - CEO & Chairman

Mark Miles - CFO

Conference Call Participants

Anthony Pettinari - Citigroup

Adam Samuelson - Goldman Sachs Group

Kieran De Brun - Mizuho Securities

Michael Roxland - Truist Securities

Kyle White - Deutsche Bank

Ghansham Panjabi - Robert W. Baird & Co.

Arun Viswanathan - RBC Capital Markets

George Staphos - Bank of America Merrill Lynch

Joshua Spector - UBS

Michael Leithead - Barclays Bank

Angel Castillo - Morgan Stanley

Operator

Good day, and thank you for standing by. Welcome to the Second Quarter 2023 Berry Global Group Earnings Conference Call. [Operator Instructions].

I would now like to hand the conference over to your speaker today, Dustin Stilwell. Please go ahead.

Dustin Stilwell

Thank you, and good morning, everyone. Welcome to Berry's Second Fiscal Quarter 2023 Earnings Call. Throughout this call, we will refer to the second fiscal quarter as the March 2023 quarter.

Before we begin our call, I would like to mention that on our website, we have provided a slide presentation to help guide our discussion this morning. After today's call, a replay will also be available on our website at berryglobal.com under our Investor Relations section.

Joining me from the company, I have Berry's Chief Executive Officer, Tom Salmon; and Chief Financial Officer, Mark Miles. Following Tom and Mark's comments today, we will have a question-and-answer session. In order to allow everyone the opportunity to participate, we do ask that you limit yourself to 1 question at a time and then fall back into the queue for any additional questions.

As referenced on Slide 2, during this call, we'll be discussing some non-GAAP financial measures. The most directly comparable GAAP financial measures and a reconciliation of the differences between the GAAP and non-GAAP financial measures are available in our earnings release and investor presentation on our website. Please note that in our commentary today and within our presentation, when we compare our results to the prior year quarter or full year, we have adjusted to present on a constant currency basis and remove the impact of divested businesses to provide the appropriate comparable results. Reconciliations to reported results have been provided in our earnings release and in the appendix of our presentation.

And finally, a reminder that certain statements made today may be forward-looking statements. These statements are made based upon management's expectations and beliefs concerning future events impacting the company and therefore, involve a number of uncertainties and risks, including, but not limited to those described in our earnings release, annual report on Form 10-K and other filings within the SEC. Therefore, the actual results of operations or financial condition of the company could differ materially from those expressed or implied in our forward-looking statements.