Myers Industries, Inc. (NYSE:MYE) Q1 2022 Results Conference Call May 5, 2022 8:30 AM ET

Company Participants

Monica Vinay - Vice President of Investor Relations and Treasurer

Mike McGaugh - President and Chief Executive Officer

Sonal Robinson - Executive Vice President and Chief Financial Officer

Conference Call Participants

Steve Barger - KeyBanc Capital Markets

Jonnathan Navarrete - Cowen

Operator

Hello, and welcome to today's Myers Industries First Quarter 2022 Earnings Call. My name is Bailey, and I will be your moderator for today's call. [Operator Instructions]

I would now like to pass the conference over to Monica Vinay, Monica, please go ahead.

Monica Vinay

Thank you. Good morning. Thank you for joining us. I'm Monica Vinay, Vice President of Investor Relations and Treasurer at Myers Industries. Joining me today are Mike McGaugh, President and Chief Executive Officer; and Sonal Robinson, Executive Vice President and Chief Financial Officer.

Earlier this morning, we issued a news release outlining the financial results for the first quarter of 2022. We have also posted a PowerPoint presentation to accompany today's prepared remarks. If you have not yet received a copy of either the release or the PowerPoint, you can access them on our website at www.myersindustries.com under the Investor Relations tab. This call is also being webcast on our website and will be archived along with the transcript of the call shortly after this event.

Before I turn the call over to Mike, I would like to remind you that we may make some forward-looking statements during this call. These comments are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and involve risks, uncertainties and other factors, which may cause results to differ materially from those expressed or implied in these statements.

Also, please be advised that certain non-GAAP financial measures, such as adjusted gross margin, adjusted operating income, adjusted EBITDA and adjusted EPS, may be discussed on this call. Further information concerning these risks, uncertainties and other factors is set forth in the company's periodic SEC filings and may be found in the company's 10-K and 10-Q filings.

Please turn to Slide 3 of our presentation, and I'm now pleased to turn the call over to Mike McGaugh.

Mike McGaugh

Thank you, Monica. Good morning, everyone, and welcome to our first quarter 2022 earnings call. I'm pleased to share that first quarter 2022 was a record earnings quarter for Myers. Our strategic vision and One Myers approach have fundamentally changed the way we do business and how we operate our company. This vision has been our North Star, helping us get aligned and row together. Our teams are beginning to look more like the collegiate rowing teams on the Charles River in Boston, rowing together as a single unit in synchronicity with less effort, producing more speed.