Lawson Products, Inc. (LAWS) Q1 2022 Results Conference Call April 28, 2022 9:00 AM ET

Company Participants

Steven Hooser - IR

Bryan King - Chairman

Ron Knutson - EVP and CFO

Operator

Good morning, everyone. Welcome to the Lawson Products First Quarter 2022 Earnings Call. As a reminder, this conference call is being recorded.

Now I will turn the call over to Steven Hooser, Investor Relations, to provide introductions and read the safe harbor statement. Please go ahead.

Steven Hooser

Good morning, and welcome to the Lawson Products First Quarter 2022 Earnings Call.

With me today are Bryan King, Lawson Products Chairman; and Ron Knutson, Lawson Products' Executive Vice President and Chief Financial Officer. During the call, they will be providing an update on the businesses from an operating and a financial perspective.

Please note that statements made on this call and in the press release contain forward-looking statements concerning goals, beliefs, expectations, strategies, plans, future operating results, the underlying assumptions that are subject to risks and uncertainties that could cause actual results to differ materially from those described. In addition, statements made during this call are based on the company's views as of today. The company anticipates that future developments may cause those views to change. Please consider the information presented in that light. The company may, at some point, elect to update the forward-looking statements made today, but specifically disclaims any obligation to do so.

Management may also refer to non-GAAP measures, including adjusted EBITDA, adjusted operating income and adjusted diluted EPS. Reconciliations to the nearest GAAP measures can be found at the end of the earnings release. The earnings press release issued earlier today is posted on the Investor Relations section of our website at investor.lawsonproducts.com. A copy of the release has also been included in the current report on Form 8-K filed with the SEC. This call is being audio simulcast on the Internet via the Lawson Products' Investor Relations page on the company's website. A replay of the webcast will be available on that website through May 31, 2022.

I would now like to turn the call over to Lawson Products' Chairman, Mr. Bryan King. Bryan?

Bryan King

Thank you, Steven, and good morning, everyone. It's great to be on the call this morning, and we're excited to comment on the first quarter stand-alone Lawson Products results. The purpose of this call is to discuss the operating and financial results of the Lawson Products operating company.