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Interface, Inc.
5/6/2022
Good morning. My name is Rob, and I will be your conference operator today. At this time, I would like to welcome everyone to the Interface, Inc. first quarter 2022 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, again, just press star one. Thank you. Christine Needles, Corporate Communications, you may begin your conference.
Good morning and welcome to Interface's conference call regarding first quarter 2022 results hosted by Dan Hendricks, Chairman, and Bruce Hausman, Vice President and CFO. In addition, I am pleased to welcome Interface's new Chief Executive Officer, Laurel Hurd, who will provide some opening remarks on today's call. During today's conference call, any management comments regarding Interface's business which are not historical information are forward-looking statements within the meaning of federal securities laws. Forward-looking statements include statements regarding the intent, belief, or current expectations of our management team, as well as the assumptions on which such statements are based. Any forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement. including risks and uncertainties associated with the ongoing COVID-19 pandemic and those described in our most recent annual report on Form 10-K filed with the SEC. The company assumes no responsibility to update forward-looking statements. Management's remarks during this call also refer to certain non-GAAP measures. Reconciliations of the non-GAAP measures to the most comparable GAAP measures and explanations for their use are contained in the company's earnings release and Form 8-K furnished with the SEC today. Lastly, this call is being recorded and broadcasted for Interface. It contains copyrighted material and may not be re-recorded or rebroadcasted without Interface's express permission. Your participation on the call confirms your consent to the company's taping and broadcasting of it. After our prepared remarks, we will open up the call for questions. Now, I'd like to turn the call over to Laurel Hurd, CEO.
Thank you, Christine, and good morning, everyone. I'm thrilled to be here at Interfaith and for the opportunity to speak with you today. My first day with the company was April 18th after our strong first quarter results were in and as we entered into Q2 with strong momentum. I know I'm joining a great company with an amazing reputation, a strong team, and a fantastic future. I'm eager to lead the company for our next phase of growth while continuing to advance our purpose and our sustainability journey. I want to thank Dan for his stewardship of the company for the past 39 years and especially for navigating the past two years to deliver solid financial performance during an incredibly challenging macro environment. Before I hand the call over to Dan and Bruce for the quarterly results, let me share a little bit about what brought me here and my background. I was drawn to Interface because of its reputation and leadership in design, sustainability, and innovation. As I started to work closely with the leadership team and have met many Interface colleagues across our Americas and EAAA businesses in my first three weeks, I can see that we have the right fundamentals in place and we're primed to accelerate our success as we reach the other side of this global pandemic. I come to Interface with 30 years of experience in sales, product innovation, brand development, and general management. I spent the past 22 years at Newell Brands, most recently leading both their writing and baby business units. I was responsible for a $3 billion P&L, a portfolio of iconic brands, including Sharpie, Elmer's, and Graco, and a complex global supply chain. My success over the years has come from developing a strong culture and amazing teams, having clarity of strategy and excellence in execution, with a focus on results and winning as a team. As part of my onboarding schedule, I've already met many of you. And for those of you who I've not met, I look forward to connecting with you as well. I also look forward to working closely with you as we continue to drive Interface forward and reach our full potential. With that, I'll now turn it over to Dan and Bruce to discuss first quarter results. Dan?
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