Vintage Wine Estates, Inc. (NASDAQ:VWE) Q1 2024 Earnings Conference Call November 14, 2023 4:45 PM ET

Company Participants

Deborah Pawlowski - Kei Advisors

Seth Kaufman - President & CEO

Kristina Johnston - CFO

Conference Call Participants

Operator

Good afternoon. Thank you for attending today's Vintage Wine Estates First Quarter Fiscal Year '24 financial results. My name is and I will be your moderator for today's call. [Operator Instructions]. I would now like to hand the conference over to our host, Deborah Pawlowski, Investor Relations, with Vintage Wine Estates, you make go ahead.

Deborah Pawlowski

Thanks, Hannah, and good afternoon, everyone. We certainly appreciate your time today and your interest in Vintage Wine Estate. On the call with me are Seth Kaufman, our new President and CEO, who just recently joined the company on October 30. Also with us is Chris Johnston, our CFO.

You should have a copy of our earnings release that went out aftermarket closed today. The Slide deck that will accompany our conversation was also distributed aftermarket. If you do not have these materials, you can find them on our website at ir.vintagewineestates.com.

That is going to begin with 100 day plan priorities and an overview of our progress. Then Chris will review financial results after which Seth will wrap up. We will then open the call for questions. If you turn to Slide 2 of the quarterly deck, you will find our Safe Harbor statement on forward-looking statements.

As you know, we will make forward looking statements during this presentation and the Q&A session. These statements apply to future events that are subject to risks and uncertainties as well as other factors that could cause actual results to differ materially from what we state here today.

These risks and uncertainties and other factors were provided in the company's SEC filings that you can find on our website or at SEC.gov. Forward-looking statements are made as of the date hereof, and the company undertakes no obligation to update or revise any forward-looking statements, except as may be required by law. I will also point out that during today's call, we will discuss some non-GAAP financial measures as well as key performance indicators, which we believe are useful in evaluating our performance.

On Slide 14 of the quarterly deck, you will find discussion on non-GAAP financial measures and key performance indicators. You should not consider the presentation of this non-GAAP information in isolation or as a substitute for results prepared in accordance with GAAP. We have provided reconciliations of comparable GAAP with non-GAAP measures in the tables that accompany today's slides and release.