Whole Earth Brands, Inc. (NASDAQ:FREE) Q3 2023 Earnings Conference Call November 9, 2023 8:30 AM ET
Company Participants
Jeff Sonnek - Investor Relations, ICR
Rajnish Ohri - Co-Chief Executive Officer
Jeffrey Robinson - Co-Chief Executive Officer
Bernardo Fiaux - Chief Financial Officer
Irwin Simon - Executive Chairman
Conference Call Participants
Scott Mushkin - R5 Capital
Ryan Meyers - Lake Street Capital Markets
Alexander Arnold - Odeon Capital
Operator
Good morning and welcome to Whole Earth Brands Third Quarter 2023 Results Conference Call. All participants will be in a listen-only mode. After today’s presentation, there will be an opportunity to ask questions. Please also note, today’s event is being recorded.
At this time, I’d like to turn the conference call over to Jeff Sonnek, Investor Relations of ICR. Sir, please go ahead.
Jeff Sonnek
Thank you, and good morning. Today’s presentation will be hosted by Rajnish Ohri and Jeffrey Robinson, the company’s Co-Chief Executive Officers; and Bernardo Fiaux, Chief Financial Officer. Nigel Willerton, President and CEO of Branded CPG North America Region; and Irwin Simon, the company’s Executive Chairman, will be available for Q&A.
The comments during today’s call and the accompanying presentation contain forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts are considered forward-looking statements.
These statements are based on management’s current expectations and beliefs as well as the number of assumptions concerning future events. Such forward-looking statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from the results discussed in the forward-looking statements. Some of these risks and uncertainties are identified and discussed in the company’s filings with the SEC.
We’ll also refer to certain non-GAAP financial measures today. Please refer to the tables included in the earnings release, which can be found on our Investor Relations website, investor.wholeearthbrands.com, for reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures. Additionally, we’ve provided a supplemental earnings presentation on the Investor Relations website that may be useful in your analysis of the company’s performance.
With that, I’d now like to turn the call over to Mr. Ohri. Please go ahead.
Rajnish Ohri
Good morning, everybody and thank you for taking time to be on the call. This is the second quarter since Jeff and I took over as Co-CEOs, and I’m very pleased on the way our business is evolving despite some very challenging macroeconomic and geopolitical situations around the world. For today’s call, I will begin by providing an update on the consolidated numbers for the quarter, and then shift to an update on the progress of our Branded CPG business.