ACCO Brands Corporation (NYSE:ACCO) Q1 2023 Earnings Conference Call May 5, 2023 8:30 AM ET
Company Participants
Chris McGinnis - Senior Director of Investor Relations
Boris Elisman - Chairman and Chief Executive Officer
Tom Tedford - President and Chief Operating Officer
Deb O'Connor - Executive Vice President and Chief Financial Officer
Conference Call Participants
Greg Burns - Sidoti & Company
Joe Gomes - Noble Capital
Kevin Steinke - Barrington Research
Hamed Khorsand - BWS Financial
Operator
Ladies and gentlemen, welcome to the ACCO Brands First Quarter 2023 Earnings Conference Call. My name is Glenn, and I will be the operator for today's call. [Operator Instructions]
I will now hand you over to your host, Chris McGinnis, to begin. Chris, please go ahead.
Chris McGinnis
Good morning, and welcome to the ACCO Brands' first quarter 2023 conference call. This is Chris McGinnis, Senior Director of Investor Relations.
Speaking on the call today are Boris Elisman, Chairman and Chief Executive Officer of ACCO Brands Corporation, who'll provide an overview of our first quarter results and an update on our 2023 priorities; Tom Tedford, President and Chief Operating Officer, who'll discuss the upcoming back-to-school season, new product innovation, and provide an update on cost savings initiatives; and Deb O'Connor, Executive Vice President and Chief Financial Officer, who'll provide greater detail on our first quarter results and the outlook for the second quarter and full year. Following this, we will open the line for questions.
Slides that accompany this call have been posted to the Investor Relations section of accobrands.com.
When speaking about our results, we may refer to adjusted results. Adjusted results exclude transaction, integration, amortization and restructuring costs, a non-cash goodwill impairment charge, the change in fair value of the contingent consideration related to the PowerA earn-out and other non-recurring items and reflect an adjusted tax rate. Schedules of adjusted results and other non-GAAP financial measures and a reconciliation of these measures to the most directly comparable GAAP measures are in the earnings release and the slides that accompany this call.
Due to the inherent difficulty in forecasting and quantifying certain amounts, we do not reconcile our forward-looking non-GAAP measures. Forward-looking statements made during the call are based on the beliefs and assumptions of management based on information available to us at the time the statements are made. Our forward-looking statements are subject to risks and uncertainties and our actual results could differ materially.