Myers Industries, Inc. (NYSE:MYE) Q4 2023 Earnings Conference Call March 5, 2024 8:30 AM ET

Company Participants

Meghan Beringer - Senior Director, IR

Grant Fitz - EVP and CFO

Michael McGaugh - President and CEO

Conference Call Participants

Christian Zyla - KeyCorp

Unidentified Analyst - Gabelli & Company

Operator

Hello and welcome to the Myers Industries Fourth Quarter and Full Year 2023 Results. My name is Harry and I will be coordinating your call. [Operator Instructions]. I will now hand over to our host, Meghan Beringer, Myers Industries Senior Director of Investor Relations to begin. Please go ahead.

Meghan Beringer

Thank you, Harry and good morning everyone. Thank you for joining Myers conference call to review 2023 fourth quarter and full year results. Joining me today is Mike McGaugh, our President and Chief Executive Officer and Grant Fitz, Executive Vice President and Chief Financial Officer.

Earlier this morning, we issued a press release outlining our financial results for the fourth quarter and full year 2023. We've also posted a presentation to accompany today's prepared remarks which is available under the Investor Relations tab at www.myersindustries.com. This call is also being webcasted on our website and will be archived along with the transcript of the call shortly after this event. After the prepared remarks we will host a question-and-answer session.

Please turn to Slide 2 of the presentation for our Safe Harbor Disclosures. 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 risk, 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 profit, adjusted operating income, adjusted EBITDA, and adjusted earnings per share or 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. Now please turn to Slide 3 of our presentation, I'm pleased to turn the call over to Mike McGaugh.

Michael McGaugh

Thank you Meghan. Good morning everyone, and welcome to our fourth quarter and full year 2023 earnings call. I'll begin with a review of our full year 2023 highlights but first, I'd like to thank all of our team members whose hard work, dedication, and day to day efforts continue to improve the strength of our company. Our team has made incredible progress transforming Meyer's industries over the past few years. That progress is evident in our 2023 results, as we delivered improvements in operating performance and free cash flow generation, despite cyclical weaknesses in several of our end markets.