Farmer Bros. Co. (NASDAQ:FARM) Q4 2022 Earnings Conference Call September 1, 2022 5:00 PM ET

Company Participants

Jeff Majtyka - Ellipsis IR

Deverl Maserang - President and CEO

Scott Drake - CFO

Conference Call Participants

Gerry Sweeney - ROTH Capital

Operator

Good day, and welcome to the Farmer Brothers Fiscal Fourth Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions]. After today's presentation there'll 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 Jeff Majtyka with Ellipsis IR. Please go ahead.

Jeff Majtyka

Joining me today are Deverl Maserang, President and Chief Executive Officer; and Scott Drake, Chief Financial Officer. Earlier today, the Company issued its earnings press release, which is available on the Investor Relations section of Farmer Brothers' website at www.farmerbros.com. The press release is also included as an exhibit to the Company's Form 10-K and is available on the company's website and on the Securities and Exchange Commission's website at www.sec.gov. A replay of this audio-only webcast will be available approximately two hours after the conclusion of this call. The link to the audio replay will also be available on the Company's website.

Before we begin the call, please note that all of the financial information presented is unaudited and the various remarks made by Management during this call about the Company's future expectations, plans and prospects may constitute forward-looking statements for purposes of the safe harbor provisions under the federal securities laws and regulations. These forward-looking statements represent the Company's views only as of today and should not be relied upon as representing the Company's views as of any subsequent date. Results could differ materially from those forward-looking statements. Additional information on factors that could cause actual results and other events to differ materially from those forward-looking statements is available in the Company's press release and public filings.

On today's call, Management will also use certain non-GAAP financial measures, including adjusted EBITDA and adjusted EBITDA margin in assessing the Company's operating performance. Reconciliation of these non-GAAP financial measures to their most directly comparable GAAP measures is also included in the Company's press release.

I will now turn the call over to Deverl. Deverl, please go ahead.

Deverl Maserang

Thank you, Jeff, and good afternoon, everyone. Thanks for joining us today. Our fourth quarter and fiscal 2022 year-end results were highlighted by continued recovery across our business. The fourth quarter is the first quarter without any significant impact from COVID-related mandates or shutdowns, which have been impacting our business since February 2020. We are excited about the results we have achieved this quarter, and we believe we are positioning the company for future success.