B&G Foods, Inc. (NYSE:BGS) Q2 2023 Earnings Conference Call August 3, 2023 4:30 PM ET

Company Participants

Michael Bauer - Director, Corporate Strategy and Business Development

Casey Keller - President, Chief Executive Officer and Director

Bruce Wacha - Executive Vice President of Finance and Chief Financial Officer

Conference Call Participants

Andrew Lazar - Barclays

Michael Lavery - Piper Sandler

Nik Modi - RBC Capital Markets

Hale Holden - Barclays

David Palmer - Evercore ISI

Robert Moskow - Cowen

Operator

Good day, ladies and gentlemen, and welcome to the B&G Foods, Inc. Second Quarter 2020 Financial Results Conference Call. Today's call, which is being recorded, is scheduled to last about 1 hour included remarks by B&G Foods management and the question-and-answer session.

I would now like to turn the call over to Michael Bauer, Director of Corporate Strategy and Business Development for B&G Foods. Please go ahead.

Michael Bauer

Good afternoon, and thank you for joining us. With me today are Casey Keller, our Chief Executive Officer; and Bruce Wacha, our Chief Financial Officer. You can access detailed financial information on the quarter in the earnings release we issued today, which is available at the Investor Relations section of bgfoods.com.

Before we begin our formal remarks, I need to remind everyone that part of the discussion today includes forward-looking statements. These statements are not guarantees of future performance, and therefore, undue reliance should not be placed upon them. We refer you to B&G's annual report on Form 10-K and subsequent SEC filings for a more detailed discussion of the risks that could impact our company's future operating results and financial condition. B&G Foods undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

We will also be making references on today's call to the non-GAAP financial measures, adjusted EBITDA, adjusted net income, adjusted diluted earnings per share and base business net sales. Reconciliations of these financial measures to the most directly comparable GAAP financial measures are provided in today's earnings release. Casey will begin the call with opening remarks and discuss various factors that affected our results, selected business highlights and his thoughts concerning the outlook for the remainder of fiscal 2023. Bruce will then discuss our financial results for the second quarter of 2023 and our guidance for fiscal 2023.

I would now like to turn the call over to Casey.