Atkore Inc. (NYSE:ATKR) Q3 2022 Earnings Conference Call August 2, 2022 8:00 AM ET

Company Participants

John Deitzer - Vice President-Treasure and Investor Relations

Bill Waltz - President and Chief Executive Officer

David Johnson - Chief Financial Officer

Conference Call Participants

Chris Moore - CJS Securities

Deane Dray - RBC Capital Markets

Andy Kaplowitz - Citigroup

Victor Khong - Credit Suisse

Operator

Good morning. My name is Rob, and I will be your conference operator today. At this time, I would like to welcome everyone to the Atkore's Third Quarter Fiscal Year 2022 Earnings Conference Call. All lines have been placed on a listen-only mode. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] As a reminder, this conference is being recorded. Thank you.

I would now like to turn the conference over to your host, John Deitzer, Vice President of Treasury and Investor Relations. Thank you. You may begin.

John Deitzer

Thank you, and good morning, everyone. I'm joined today by Bill Waltz, President and CEO; as well as David Johnson, Chief Financial Officer. We will take your questions after comments by Bill and David. I would like to remind everyone that during this call, we may make projections or forward-looking statements regarding future events or financial performance of the company. Such statements involve risks and uncertainties such that actual results may differ materially. Please refer to our SEC filings in today's press release, which identify important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. In addition, any reference in our discussion today to EBITDA means adjusted EBITDA.

With that, I'll turn it over to Bill.

Bill Waltz

Thanks, John, and good morning, everyone. Starting on slide three. I'm pleased to report that Atkore again delivered strong operating results in the third quarter of 2022 despite challenges in the overall global supply chains and labor availability. I'm also excited to speak about many of the opportunities that lie ahead for us do in large part to actions we've taken to position Atkore as a leader in our markets.

We continue to execute against our operational plans, as well as our capital deployment model. Currently, we are well ahead of schedule on our plans to deploy over $1 billion over the next two to three years. Within this quarter alone, we deployed over $400 million combined in the areas of capital expenditures, M&A and share repurchases.