H.B. Fuller Company (NYSE:FUL) Q2 2022 Earnings Conference Call June 23, 2022 10:30 AM ET

Company Participants

Barbara Doyle - Head, Investor Relations

Jim Owens - President and CEO

John Corkrean - EVP and CFO

Conference Call Participants

Matt Krueger - Baird

Vincent Anderson - Stifel

Jeff Zekauskas - JPMorgan

Eric Petrie - Citi

Paretosh Misra - Berenberg

Mike Harrison - Seaport Research

David Begleiter - Deutsche Bank

Rosemarie Morbelli - Gabelli

Operator

Good morning. My name is Anna, and I will be your conference operator today. At this time, I would like to welcome everyone to H.B. Fuller’s Second Quarter Fiscal 2022 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions]

Barbara Doyle, Head of Investor Relations. You may begin your conference.

Barbara Doyle

Thank you, Operator. Welcome to H.B. Fuller’s second quarter 2022 earnings call for the fiscal period ended May 28, 2022. Our speakers are Jim Owens, H.B. Fuller President and Chief Executive Officer; and John Corkrean, Executive Vice President and Chief Financial Officer. After our prepared remarks, we will take questions.

Before we begin, let me remind you that our comments today will include references to organic revenue, which excludes revenue from acquisitions and the impact of foreign currency translation on our revenues.

We will also refer to adjusted non-GAAP financial measures during this call. These measures are in addition to the GAAP results reported in our earnings release. We believe these measures are useful in understanding our operating performance and how our results compare with other companies.

Reconciliation of non-GAAP measures to the nearest GAAP measure is included in our earnings release. Unless otherwise noted, comments about revenue refer to organic revenue and comments about EPS margins or EBITDA refers to adjusted non-GAAP measures.

We will also be making forward-looking statements during this call. These statements are based on current expectations and assumptions that are subject to risks and uncertainty. Many of these risks and uncertainties are and will be exacerbated by COVID-19 and the Russia-Ukraine war and resulting deterioration of the global business and economic environment.

Actual results could differ materially from these expectations due to factors covered in our earnings release, comments made during this call or risk factors in our Forms 10-K and 10-Q filed with the SEC and available on our website at investors.hbfuller.com.