Barnes Group Inc. (NYSE:B) Q3 2022 Earnings Conference Call October 28, 2022 8:30 AM ET

Company Participants

Bill Pitts - Vice President, Investor Relations

Thomas Hook - President and Chief Executive Officer

Julie Streich - Senior Vice President, Finance and Chief Financial Officer

Conference Call Participants

Louis Raffetto - Wolfe Research

Christopher Glynn - Oppenheimer

Matt Summerville - D.A. Davidson

Pete Osterland - Truist

Operator

Good morning. My name is Chris and I will be your conference operator today. At this time, I’d like to welcome everyone to the Barnes Third Quarter 2022 Earnings Conference Call and Webcast. [Operator Instructions] Thank you. Bill Pitts, Vice President, Investor Relations. You may begin.

Bill Pitts

Thank you, Chris. Good morning and thank you for joining us for our third quarter 2022 earnings call. With me are Barnes President and Chief Executive Officer, Thomas Hook, and Senior Vice President, Finance and Chief Financial Officer, Julie Streich. If you have not received a copy of our earnings press release, you can find it on the Investor Relations section of our corporate website at onebarnes.com, that’s o-n-e-b-a-r-n-e-s.com.

During our call, we will be referring to the earnings release supplement slides which are also posted to our website. Our discussion today includes certain non-GAAP financial measures, which provide additional information we believe is helpful to investors. These measures have been reconciled to the related GAAP measures in accordance with SEC regulations. You will find a reconciliation table on our website as part of our press release and in the Form 8-K submitted to the Securities and Exchange Commission.

Be advised that certain statements we make on today’s call both during the opening remarks and during the question-and-answer session, maybe forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those projected. Please consider the risks and uncertainties that are mentioned in today’s call and are described in our periodic filings with the SEC. These filings are available through the Investor Relations section of our corporate website at onebarnes.com.

Let me now turn the call over to Tom for his opening remarks then Julie will provide a review of our third quarter performance and our updated outlook for 2022. After that, we will open up the call for questions.

Thomas Hook

Thank you, Bill and good morning to everyone. During my first full quarter at Barnes, I have traveled to our manufacturing facilities across Europe and North America. I am impressed with the people, operating processes and manufacturing expertise at Barnes. There is a highly engaged and passionate team of leaders and associates. And I appreciate the frank and clear discussions held with these team members during my visits.