Traeger, Inc. (NYSE:COOK) Q2 2023 Results Conference Call August 2, 2023 4:30 PM ET

Company Participants

Nick Bacchus - Vice President of Investor Relations

Jeremy Andrus - Chief Executive Officer

Dom Blosil - Chief Financial Officer.

Conference Call Participants

Simeon Siegel - BMO Capital Markets

Peter Benedict - Baird

Joseph Feldman - Telsey Advisory Group

Randy Konik - Jefferies

Brian McNamara - Canaccord Genuity

Operator

Hello, and welcome to the Traeger Second Quarter Fiscal 2023 Earnings Conference Call. My name is Lauren, and I'll be coordinating your call today. [Operator Instructions]

I will now hand you over to your host, Nick Bacchus, to begin. Nick, please go ahead.

Nick Bacchus

Good afternoon, everyone. Thank you for joining Traeger's call to discuss its second quarter 2023 results, which were released this afternoon and can be found on our website at investors.traeger.com. I'm Nick Bacchus, Vice President of Investor Relations at Traeger. With me on the call today are Jeremy Andrus, our Chief Executive Officer; and Dom Blosil, our Chief Financial Officer.

Before we get started, I want to remind everyone that management's remarks on this call may contain forward-looking statements that are based on current expectations and are subject to substantial risks and uncertainties, which could cause actual results to differ materially from those expressed or implied herein. We encourage you to review our annual report on Form 10-K for the year ended December 31, 2022. Our quarterly report on Form 10-Q for the quarter ended June 30, 2023, once filed, and our other SEC filings for a discussion of these factors and uncertainties which are also available on the Investor Relations portion of our website. You should not take undue reliance on these forward-looking statements. We speak only as of today, and we undertake no obligation to update or to revise them for any new information.

This call will also contain certain non-GAAP financial measures, including adjusted EBITDA, adjusted net income, adjusted net income per share, adjusted EBITDA margin and adjusted net income margin, which we believe are useful supplemental measures. The most comparable GAAP financial measures and reconciliations of the non-GAAP measures contained herein to such GAAP measures are included in our earnings release, which is available on the Investor Relations portion of our website at investors.traeger.com. Please note that our definition of these measures may differ from similarly titled metrics presented by other companies.

Now I'd like to turn the call over to Jeremy Andrus, Chief Executive Officer of Traeger.