Turning Point Brands, Inc. (NYSE:TPB) Q4 2022 Earnings Conference Call February 24, 2023 10:00 AM ET

Company Participants

Louie Reformina - CFO

Graham Purdy – CEO

Summer Frein - Chief Revenue Officer

Conference Call Participants

Vivien Azer - Cowen

Eric Des Lauriers - Craig-Hallum

Operator

Good morning. And welcome to the Turning Point Brands' Fourth Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode. All lines have been placed on mute to prevent any background noise. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. Please note that this event is being recorded.

I would now like to turn the conference over to Louie Reformina, Chief Financial Officer. Please go ahead.

Louie Reformina

Thank you. Good morning, everyone. This is Louie Reformina, Chief Financial Officer. Joining me are Turning Point Brands’ President and CEO, Graham Purdy and Chief Revenue Officer, Summer Frein.

This morning, we issued a news release covering our fourth quarter results. This release is located in the IR section of our website, www.turningpointbrands.com. There is also a presentation which we will be referencing on the call available on the site.

During this call, we will discuss our consolidated and segment operating results and provide a perspective on the operating environment and our progress against our strategic plan. As is customary, I direct your attention to the discussion of forward-looking and cautionary statements in today's press release and the risk factors in our filings with the Securities and Exchange Commission.

On the call today, we will reference certain non-GAAP financial measures. These measures and reconciliations to GAAP can be found in today's earnings release, along with reasons why management believes that they provide useful information.

I will now turn the call over to our CEO, Graham Purdy.

Graham Purdy

Thanks, Louie. Good morning, everybody, and thank you for joining our call. Last quarter was my first as the CEO of Turning Point, and I discussed my excitement about our team and our ability to build a world-class CPG company for the benefit of our stakeholders, employees and value customers.

As I mentioned on our last call, my main priority is to focus on internal execution across all areas of our business to best position, Turning Point for profitable long term growth to drive shareholder value. Since my appointment to CEO, the team has been focused on evaluating all aspects of our business from our distribution and channel strategies, for our product portfolio and go-to-market plans and improving our systems and logistics capabilities to become more efficient. There's a lot on our plate, but it is all designed to help build a stronger foundation for long-term growth.