Pactiv Evergreen Inc. (NASDAQ:PTVE) Q1 2024 Earnings Conference Call May 3, 2024 8:30 AM ET

Company Participants

Curt Worthington - Vice President, Investor Relations & Strategy
Michael King - Chief Executive Officer
Jon Baksht - Chief Financial Officer

Conference Call Participants

Bryan Burgmeier - Citigroup
Ghansham Panjabi - Baird
Philip Ng - Jefferies
Arun Viswanathan - RBC Capital Markets
Adam Samuelson - Goldman Sachs
George Staphos - Bank of America

Operator

Good day, and thank you for standing by. Welcome to the Pactiv Evergreen First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen only mode. After the speaker’s presentation, there will be a question-and-answer session. [Operator Instructions].

Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker, Curt Worthington, Vice-President of Strategy Investor Relations. You may begin.

Curt Worthington

Thank you, operator, and good morning, everyone. Welcome to our first quarter 2024 earnings call. With me on the call today, we have Michael King, President and CEO, and Jon Baksht, CFO. Please visit the events section of our Investor Relations website at www.pactivevergreen.com and access our supplemental earnings presentation. Managements remarks today should be heard in tandem with reviewing this presentation.

Before we begin, our formal remarks, I want to remind everyone that our discussions today will include forward looking statements, including those regarding our guidance for 2024. These forward-looking statements are not guarantees of future performance and actual results could differ materially from those contemplated by our forward-looking statements. Therefore, you should not put undue reliance on those statements.

These statements are also subject to numerous risks and uncertainties that could cause actual results to differ materially from what we expect. We refer all of you to our recent SEC filings including our annual report on Form 10-K for the year ended December 31, 2023 and our quarterly report on Form 10-Q for the quarter ended March 31, 2024 for more formal detailed discussion of these remarks. The forward-looking statements we make on this call are based on information available to us as of today's date, and we disclaim any obligation to update any forward-looking statements, except as required by law.

Lastly, during today's call, we will discuss certain GAAP and non-GAAP financial measures, which we believe can be useful in evaluating our performance. Our non-GAAP measures should not be considered in isolation or as a substitute for results prepared in accordance with GAAP and reconciliations to the most directly comparable GAAP measures are available in our earnings release and in the appendix to today's presentation. Unless otherwise stated, all figures discussed during today's call are for continuing operations only.