Primo Water Corporation (NYSE:PRMW) Q2 2023 Earnings Conference Call August 10, 2023 10:00 AM ET

Company Participants

Jon Kathol - Vice President, Investor Relations

Tom Harrington - Chief Executive Officer

David Hass - Chief Financial Officer

Conference Call Participants

Peter Lukas - CJS

Nik Modi - RBC Capital Markets

Andrea Teixeira - JPMorgan

John Zamparo - CIBC

Steve Powers - Deutsche Bank

Graham Price - Raymond James

Operator

Good morning. My name is Julie and I will be your conference operator today. At this time, I would like to welcome everyone to the Primo Water Corporation's Second Quarter 2023 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question-and-answer session. [Operator Instructions]

I will now turn the call over to Jon Kathol, Vice President, Investor Relations. Please go ahead.

Jon Kathol

Welcome to Primo Water Corporation's second quarter 2023 earnings conference call.

All participants are currently in listen-only mode. This call will end no later than 11:00 AM Eastern Time. The call is being webcast live on Primo Water’s website at primollwatercorp.com and will be available for playback there for two weeks.

This conference call contains forward-looking statements, including statements concerning the company’s future financial and operational performance. These statements should be considered in connection with cautionary statements and disclaimers contained in the Safe Harbor statements in this morning’s earnings press release and the company’s annual report on Form 10-K and quarterly reports on Form 10-Q and other filings with securities regulators.

The company’s actual performance could differ materially from these statements, and the company undertakes no duty to update these forward-looking statements, except as expressly required by applicable law. A reconciliation of any non-GAAP financial measures discussed during the call with the most comparable measures in accordance with GAAP when the data is capable of being estimated is included in the company’s second quarter earnings announcement released earlier this morning or on the Investor Relations section of the company’s website at primowatercorp.com. We have also included a deck on our website that was designed to assist you throughout our discussion.

I am accompanied by Tom Harrington, Primo Water’s Chief Executive Officer; and David Hass, Chief Financial Officer. Tom will start today’s call by providing a high-level review of the second quarter and our progress on Primo Water’s strategic initiatives. Then David will review our segment level performance and we’ll discuss our second quarter performance in greater detail and offer our outlook for the full year 2023 before handing the call back to Tom to provide a long-term view ahead of Q&A.