CSW Industrials, Inc.

Ladies and gentlemen, greetings and welcome to the CSW Industrials Fiscal 2026 First Quarter Earnings Call. At this time, all participants are in the listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star and zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Alexa Huerta, Vice President of Investor Relations. Please go ahead.

Thank you, Zico. Good morning, everyone, and welcome to the CSW Industrials Fiscal 2026 First Quarter Earnings Call. Joining me today on the call is Joseph Arms, Chairman, Chief Executive Officer, and President of CSW Industrials. and James Perry, Executive Vice President and Chief Financial Officer. We issued our earnings release, updated investor relations presentation, and quarterly report in Form 10-Q prior to the market's opening today, all of which are available on the Investors portion of our website at www.cswindustrials.com. This call is being webcast, and information on accessing the replay is included in the earnings release. During this call, we will make forward-looking statements. These statements are based on current expectations and assumptions that are subject to various risks and uncertainties. Actual results could materially differ because of factors discussed today in our earnings release and the comments made during this call, as well as the risk factors identified in our annual report on Form 10-K and other filings with the SEC. We do not undertake any duty to update any forward-looking statements. I will now turn the call over to Joe.

Thank you, Alexa. Good morning, everyone. It is my pleasure to report that once again our team has delivered record results for revenue, for EBITDA, for net income, and for adjusted earnings per diluted share for the first quarter of this fiscal year. This morning we reported fiscal first quarter revenue of $264 million. as well as fiscal first quarter EBITDA of $69 million, net income of $41 million, and adjusted earnings per diluted share of $2.85. We are adjusting EPS beginning this quarter and going forward to exclude the amortization of acquisition-related assets. Before I turn the call over to James to provide further details on our results, and the performance in each of our business segments for the first quarter of fiscal 2026, I would like to thank our team for its sharp focus on serving our customers well and on operational excellence. This continued focus delivered impressive results during a quarter marked by the integration of three recently acquired businesses and significant economic uncertainty and industry disruption. including the direct and indirect impacts of tariffs and trade policies, which have had near-term effects on global demand and consumer spending. Our strong balance sheet, access to capital, and disciplined capital allocation have continued to fuel growth opportunities, position us to navigate short-term demand fluctuations and market volatility, and execute on growth initiatives The theme of our recently released annual report to shareholders is a decade of demonstrated success. And while I am pleased with the results that we have delivered and the value that we have created for our shareholders over the past decade, I'm equally optimistic as I look forward to what we can accomplish over the next 10 years. Our commitment is to always do the right thing for the right reason. and both employee safety and environmental stewardship fully align with this focus. While we have been publishing safety metrics for some time, in recent weeks we published, for the first time, a company-wide inventory of key environmental performance metrics, which can be found on our corporate sustainability webpage. Over the last year, internal teams have worked diligently to commence reporting our energy and water usage as well as our greenhouse gas emissions, which will complement our robust social and employee safety disclosures. At this time, I will turn the call over to James for a closer look at our results, and following his comments, I will return and conclude our prepared remarks.