Hostess Brands, Inc. (NASDAQ:TWNK) Q1 2023 Results Conference Call May 9, 2023 4:30 PM ET
Company Participants
Amit Sharma - VP, IR
Andy Callahan - President and CEO
Travis Leonard - CFO
Conference Call Participants
Ken Goldman - J.P. Morgan
Rob Dickerson - Jefferies
Pamela Kaufman - Morgan Stanley
Steve Powers - Deutsche Bank
Cody Ross - UBS
Operator
Greetings, ladies and gentlemen, and welcome to the Hostess Brands First Quarter of 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
It is my pleasure to introduce your host, Amit Sharma, Vice President of Investor Relations. You may begin, sir.
Amit Sharma
Good afternoon, and welcome to Hostess Brands First Quarter 2023 Earnings Conference Call. Joining me on today's call is Andy Callahan, Hostess Brands' President and CEO; and Travis Leonard, Chief Financial Officer. By now, everyone should have access to the earnings release for the period ended March 31, 2023, that was published at approximately 4:00 p.m. Eastern Time. The press release and investor presentation are available on Hostess' website at hostessbrands.com. This call is being webcast, and a replay will be available on our website.
During the course of this call, management will make a number of forward-looking statements, including expectations and assumptions regarding the company's future performance. Actual results may differ materially from these forward-looking statements, and we undertake no obligation to update or revise these forward-looking statements. A detailed list of these risks and uncertainties can be found in today's earnings release and in our SEC filings.
Management will make a number of references to non-GAAP financial measures that we believe will provide useful information to the investors. A full reconciliation of these non-GAAP measures to the most comparable GAAP measures is included in the earnings release. With that, I will turn the call over to Andy Callahan, our President and CEO.
Andy Callahan
Good afternoon. Today, I will begin with a few highlights of yet another quarter of strong performance. I will offer a few comments on our long-term growth drivers, and then Travis will provide a more detailed review of our quarterly financial results. We will close with a discussion of our full year outlook before opening up to questions. 2023 started strong as we delivered another quarter of net revenue and profit growth while lapping very strong year ago comparisons. We continue to execute at a high level. And as we look towards the remainder of the year, we are confident in reaffirming our revenue and above algo profit growth guide in 2023.