GMS Inc. (NYSE:GMS) Q1 2023 Earnings Conference Call September 1, 2022 8:30 AM ET

Company Participants

John Turner - President, Chief Executive Officer

Scott Deakin - Vice President, Chief Financial Officer

Carey Phelps - Vice President, Investor Relations

Conference Call Participants

Keith Hughes - Truist Securities

Jeff Stevenson - Loop Capital

Steven Ramsey - Thompson Research Group

Noah Merkousko - Stephens

Chris Kalata - RBC Capital Markets

Elizabeth Langan - Barclays

Greetings and welcome to the GMS first quarter 2023 earnings conference call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require Operator assistance during the conference, please press star, zero on your telephone keypad. As a reminder, this conference is being recorded.

I would now like to turn the call over to Carey Phelps, Vice President of Investor Relations. Thank you, you may begin.

Carey Phelps

Thanks Darryl. Good morning and thank you for joining us for the GMS earnings conference call for the first quarter of fiscal 2023. I am joined today by John Turner, President and Chief Executive Officer, and Scott Deakin, Vice President and Chief Financial Officer.

In addition to the press release issued this morning, we have posted PowerPoint slides to accompany this call in the Investors section of our website at www.gms.com.

Turning to Slide 2, on today’s call Management’s prepared remarks and answers to your questions may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements address matters that are subject to risks and uncertainties, many of which are beyond our control and may cause actual results to differ from those discussed today.

As a reminder, forward-looking statements represent Management's current estimates and expectations. The Company assumes no obligation to update any forward-looking statement in the future. Listeners are encouraged to review the more detailed discussions related to these forward-looking statements contained in the Company's filings with the SEC, including the Risk Factors section in the Company's 10-K and other periodic reports.

Today's presentation also includes a discussion of certain non-GAAP measures. The definitions and reconciliations of these non-GAAP measures are provided in the press release and presentation slides. Please note that references on this call to the first quarter of fiscal 2023 relate to the quarter ended July 31, 2022.

Finally, once we begin the question and answer session of the call, in the interests of time, we kindly request that you limit yourself to one question and one follow-up.