American Vanguard Corp (NYSE:AVD) Q3 2022 Earnings Conference Call November 8, 2022 4:30 PM ET

Company Participants

Timothy Donnelly - General Counsel, Chief Administrative Officer & Secretary

Eric Wintemute - Chairman & CEO

David Johnson - VP, CFO & Treasurer

Ulrich Trogele - COO & EVP

Conference Call Participants

Gerard Sweeney - ROTH Capital Partners

Wayne Pinsent - Gabelli Funds

Christopher Kapsch - Loop Capital Markets

Operator

Welcome to the American Vanguard Corporation's Third Quarter 2022 Financial Results Conference Call and webcast. [Operator Instructions].

I would now like to turn the conference over to Mr. Tim Donnelly, Chief Administrative Officer. You may begin, Mr. Donnelly.

Timothy Donnelly

Thank you, Rob and welcome everyone to American Vanguard's 2022 third quarter and 9 months earnings review. Our speakers today will be Chairman and Chief Executive Officer, Eric Wintemute; our Chief Financial Officer, David Johnson; and to assist in answering questions, our Chief Operating Officer, Bob Trogele, is also on hand. Also, by way of housekeeping, the company is filing its Form 10-Q later today with the SEC, which will provide additional detail on our financial performance that we will be discussing in this call.

Before beginning, let's just take a moment to go to our safe harbor reminder on Slide 2. In today's call, the company may discuss forward-looking information. Such information and statements are based on estimates and assumptions by the company's management and are subject to various risks and uncertainties that may cause actual results to differ from management's current expectations.

Such factors can include weather conditions, changes in regulatory policy, competitive pressures and various other risks as detailed in the company's SEC reports and filings. All forward-looking statements represent the company's best judgment as of the date of this call and such information will not necessarily be updated by the company.

With that, I turn the call over to Eric Wintemute, Eric?

Eric Wintemute

Thank you, Tim, and thank all of you for joining us today. Moving to Slide 3. We have listed the agenda for today's call. But first, I'd like to start off by acknowledging the terrific work of the AMVAC team to take care of our customers, increase prices to manage inflation, safely operating our factories at very high levels and continue to drive our precision, agriculture, innovations forward.

We have delivered excellent financial results and expect to maintain our momentum in the fourth quarter. Additionally, we repurchased 1.2 million shares of our stock during the third quarter, indicating our confidence and the strength of our business. Simply put, we are managing our business well in challenging times.