MSC Industrial Direct Co., Inc. (NYSE:MSM) Q1 2023 Earnings Conference Call January 5, 2023 8:30 AM ET

Company Participants

John Chironna - Vice President of Investor Relations and Treasurer

Erik Gershwind - Chief Executive Officer

Kristen Actis-Grande - Chief Financial Officer

Conference Call Participants

Tommy Moll - Stephens

Steve Volkmann - Jefferies

David Manthey - Baird

Patrick Baumann - J.P. Morgan

Ken Newman - KeyBanc Capital Markets

Operator

Good day, and welcome to the MSC Industrial Supply’s Fiscal 2023 First Quarter Conference Call. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to John Chironna, Vice President of Investor Relations and Treasurer. Please go ahead.

John Chironna

Thank you, Allison, and good morning to everyone. Happy New Year as well. Erik Gershwind, our Chief Executive Officer; and Kristen Actis-Grande, our Chief Financial Officer, are both on the call with me today.

During today's call, we will refer to various financial and management data in the presentation slides that accompany our comments, as well as our operational statistics, both of which can be found on our Investor Relations web page.

Let me reference our safe harbor statement, a summary of which is on Slide 2 of the accompanying presentation. Our comments on this call, as well as the supplemental information we are providing on the website contain forward-looking statements within the meaning of the U.S. securities laws.

These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by these statements. Information about these risks is noted in our earnings press release and our other SEC filings. In addition, during this call, we may refer to certain adjusted financial results, which are non-GAAP measures. Please refer to the GAAP versus non-GAAP reconciliations in our presentation or on our website, which contain the reconciliations of the adjusted financial measures to the most directly comparable GAAP measures.

I'll now turn the call over to Erik.

Erik Gershwind

Thank you, John. Good morning, everybody, and thank you for joining us today. I'll start by wishing everyone a Happy New Year and I hope you had a restful and a happy holiday season. On today's call, I'm going to reflect on our first quarter performance. I'll offer my perspective on the current demand environment and update you on our accomplishments against our mission critical initiatives. Kristen will then provide more specifics on the quarter and our reaffirmed fiscal 2023 framework and I'll then wrap things up and we'll open up the line for questions.