Solo Brands, Inc. (NYSE:DTC) Q1 2023 Results Conference Call May 4, 2023 8:30 AM ET

Company Participants

Bruce Williams - IR

John Merris - CEO

Somer Webb - CFO

Conference Call Participants

Robby Ohmes - Bank of America

Randy Konik - Jefferies

Chasen Bender - Citi

Matt Egger - Piper Sandler

Operator

Hello, everyone, and welcome to Solo Brands First Quarter Fiscal 2023 Financial Results. My name is Bruno, and I'll be the operator of today. [Operator Instructions]

I will now hand over to your host, Bruce Williams. Please go ahead.

Bruce Williams

Good morning, everyone, and thank you for joining the call to discuss Solo Brands' first quarter results, which we released this morning and can be found on the Investor Relations section of our website at investors.solobrands.com. Today's call will be hosted by Chief Executive Officer, John Merris; and Chief Financial Officer, Somer Webb.

Before we get started, I want to remind everyone that management's remarks on this call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on current management expectations. These may include, without limitation, predictions, expectations, targets or estimates, including regarding our anticipated financial performance, business plans and objectives, future events and developments, and actual results could differ materially from those mentioned. These forward-looking statements also involve substantial risks and uncertainties, some of which may be outside of our control and that could cause actual results to differ materially from those expressed or implied by such statements.

These risks and uncertainties, among others, are discussed in our filings with the SEC. We encourage you to review these filings for a discussion of these risks, including our soon-to-be filed quarterly report on Form 10-Q, and will be available on the Investors portion of our website at investors.solobrands.com. You should not place undue reliance on these forward-looking statements. These statements are made only as of today, and we undertake no obligation to update or revise them for any new information, except as required by law.

This call will also contain certain non-GAAP financial measures, including net income as adjusted, diluted earnings per share as adjusted, gross margin as adjusted, adjusted EBITDA and adjusted EBITDA margin, which we believe are useful supplemental measures that assist in evaluating our ability to generate earnings, provide consistency and comparability with our past performance and facilitate period-to-period comparisons of our core operating results and the results of peer companies. Reconciliation of these non-GAAP measures to the most comparable GAAP measures and definitions of these indicators are included in our earnings release, which will be available to our Investors portion of our website at investors.solobrands.com.