PetIQ, Inc. (NASDAQ:PETQ) Q1 2023 Earnings Conference Call May 9, 2023 4:30 PM ET

Company Participants

Katie Turner - Investor Relations

Cord Christensen - Chairman & Chief Executive Officer

Zvi Glasman - Chief Financial Officer

Michael Smith - President & Chief Operating Officer

John Pearson - Senior Vice President, Head, Services Division

Conference Call Participants

Rupesh Parikh - Oppenheimer

Jon Andersen - William Blair

Bill Chappell - Truist Securities

Corey Grady - Jefferies

John Lawrence - Benchmark

Operator

Good day, and welcome to the PetIQ Inc. First Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Katie Turner, Investor Relations. Please go ahead.

Katie Turner

Good afternoon. Thank you for joining us on PetIQ's first quarter 2023 earnings conference call and webcast. On today's call are Cord Christensen, Chairman and Chief Executive Officer; and Zvi Glasman, Chief Financial Officer.

Before we begin, please remember that during the course of this call management may make forward-looking statements within the meaning of the federal securities laws. These statements are based on management's current expectations and beliefs and involve risks and uncertainties that could differ materially from actual events or those described in these forward-looking statements.

Please refer to the company's Annual Report on Form 10-K and other reports filed from time to time with the Securities and Exchange Commission and the company's press release issued today for a detailed discussion of the risks that could cause actual results to differ materially from those expressed or implied in any forward-looking statements made today.

Please note on today's call management will refer to certain non-GAAP financial measures. While the company believes these non-GAAP financial measures will provide useful information for investors, the presentation of this information is not intended to be considered in isolation or as a substitute for the financial information presented in accordance with GAAP. Please refer to today's release for a reconciliation of non-GAAP financial measures to the most comparable measures prepared in accordance with GAAP. In addition PetIQ has posted a supplemental presentation on its website for reference.

And with that, I'd like to turn the call over to Cord Christensen.

Cord Christensen

Thank you, Katie, and good afternoon everyone. We appreciate you joining us today to discuss our first quarter financial results. I'll begin with an overview of key highlights then Zvi will review our financial results for the quarter and outlook. Finally Zvi, Michael and I will be available to answer your questions.