Wabash National Corporation (NYSE:WNC) Q2 2022 Earnings Conference Call July 27, 2022 11:00 AM ET

Company Participants

Ryan Reed - Director-Investor Relations

Brent Yeagy - President and Chief Executive Officer

Michael Pettit - Chief Financial Officer

Conference Call Participants

Justin Long - Stephens Inc.

Michael Shlisky - D.A. Davidson

Felix Boeschen - Raymond James

Operator

Hello, and welcome to Wabash Second Quarter 2022 Earnings Call.

At this time, I would like to turn the call over to Ryan Reed for opening remarks and introductions.

Ryan Reed

Thank you, and good morning, everyone. We appreciate you joining us on this call. With me today are Brent Yeagy, President and Chief Executive Officer; and Mike Pettit, Chief Financial Officer. Before we get started, please note that this call is being recorded. I'd also like to point out that our earnings release, the slide presentation supplementing today's call and any non-GAAP reconciliations are available at our investor site at onewabash.com. Please refer to Slide 2 on our earnings deck for the company's safe harbor disclosure addressing forward-looking statements.

I'll now hand it off to Brent, so he can get us started with his highlights.

Brent Yeagy

Thanks, Ryan. Good morning, everyone, and thanks for joining us today. We have a strong quarter and outlook to discuss, but I'd like to start by recapping the investor meeting we held on May 19 to reiterate our strategy, growth goals and financial targets. We've made meaningful changes to our organization, which began with reimagining our purpose, vision, and mission as we seek to change how the world reaches you.

Narrowing our focus to the transportation, logistics, and distribution industries provided us with the charter to change our organization to be more customer-centric and practices from R&D to product development to how we interface with the customer. Re-segmenting our external reporting structure and rebranding our company are external manifestations of several years of purposeful change and internal growth inside our company.

I believe our organization is now ideally designed to execute on our base business, while leveraging growth initiatives across cold chain, e-commerce and logistics disruption and parts and services. By 2025, we anticipate revenue of $3 billion, operating EBITDA margin of 11% and earnings per share of $3.50.

We look forward to updating you on the progress we make on the strategic initiatives that move us closer to these financial targets and our purpose of changing how the world reaches you.