Myers Industries, Inc.

Hello, everyone. Thank you for joining us and welcome to the Myers Second Quarter 2026 Earnings Results Conference Call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star one to raise your hand. To withdraw your question, press star one again. I will now hand the conference over to Meghan Beringer, Senior Director of Investor Relations. Please go ahead.

Thank you. Good morning, everyone, and welcome to Meijer's second quarter 2026 earnings review. Joining me today are Aaron Schapper, President and Chief Executive Officer, and Samantha Rutty, Executive Vice President and Chief Financial Officer. After the prepared remarks, we will host a question and answer session. Earlier this morning, we issued a press release outlining our second quarter financial results. In addition, a presentation to accompany today's prepared remarks has been posted. Those documents are available on the investor relations section of our website at myersindustries.com. This call is being webcast live on our website and will be archived along with the transcript of the call shortly after this event. Please turn to slide three 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 risks, uncertainties, and other factors which may cause results to differ materially from those expressed or implied in these statements. Further, information concerning these risks, uncertainties, and other factors are set forth in the company's periodic SEC filings. 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 may be discussed on this call. Finally, all results presented and discussed in today's call are from continuing operations. Now, please turn to slide four of our presentation as I turn the call over to Aaron. Thank you, Meghan. Good morning, everyone, and thank you for joining us.

I will begin today's call with a review of our second quarter, followed by an update on our focus transformation program and a deep dive into one of our growth platforms. Sam will then provide a detailed review of the second quarter financials and our outlook for the year. Turning to slide five, our second quarter results reflect the continued execution of our focus transformation and the meaningful progress we've made to strengthen the business. Second quarter revenue growth was 9.8% year over year, supported by strength in infrastructure and food and beverage. Infrastructure revenue improved 52% as we continue to see market growth driven by strong ongoing spend for utility projects to support data center build outs, as well as large construction projects that are converting from wood to composite for ground protection. As a reminder, composite ground matting is one of the best ways to create a safe and stable environment during construction. and helps mitigate environmental remediation costs post-construction. In addition, Signature's turf protection was featured throughout the FIFA World Cup at multiple events, increasing global awareness of our product's ability to protect playing surfaces. Food and beverage was up 48% on strong demand for seed boxes and intermediate bulk containers. The team delivered an exceptional performance, driving margin expansion by managing costs, taking price action, and implementing operational excellence initiatives. Adjusted EPS improved 60.6% year over year and adjusted EBITDA increased 30.6%. We continue to have strong cash flow conversion of EBITDA with free cash flow improving 10.5% during the quarter to 26.5 million, providing additional financial strength and flexibility to fund our growth platforms. I'm pleased with our second quarter performance and the actions we have taken to improve margins, enhance efficiency, and simplify the organization. We are delivering great results while positioning the business for sustainable growth. I'd now like to review the three strategic priorities guiding our 2026 focus transformation as shown on slide six. Our focus transformation is designed to create long-term shareholder value by delivering consistent and reliable results and effectively controlling what we can control. The results that we have delivered over the last several quarters demonstrate the progress we have made. While I'm pleased with how far we have come, I know there's still much more for us to accomplish. In 2026, our strategy is centered on three priorities. First, we are delivering differentiated products that protect, creating greater customer value through deep customer relationships and enhanced commercial excellence. Second, We are advancing operational excellence and cost leadership by implementing standardized processes that improve consistency, productivity, and execution across the organization. Third, we are investing in growth platforms that offer the greatest opportunity to generate attractive returns and accelerate profitable growth. These priorities are strengthening our business, improving profitability, and positioning Meyers to deliver sustainable value to our shareholders. Turning to slide seven. and diving deeper on our priority to improve how we operate as a company. A key part of this effort has been simplifying the business, making a unified Myers organization built to move faster, operate smarter and accelerate growth. Historically, we operated as a collection of siloed businesses with fragmented operating systems and decision making. Today, we're bringing the organization together under enterprise leaders with accountability across the company. To support this evolution, we strengthen our executive leadership team with two new appointments during the quarter. First, we welcome Gustavo Oberto as our president of commercial and strategy. This newly created role reflects our commitment to building a unified commercial organization and positioning Meyers for our next growth phase. Gustavo brings over 25 years of global leadership experience and will lead our commercial strategy by listening closely to our customers and accelerating customer-informed product innovation that addresses their evolving market needs. Gustavo will lead us as we strengthen customer relationships while driving internal synergies and expanding multi-brand sales opportunities. Second, Jeff Condino has been appointed the President of Operations with responsibility for safety, supply chain and manufacturing operations across Meyers. Jeff has over 30 years of manufacturing experience and joined Meyers in 2024 with a signature acquisition. Jeff has already begun extending many operational best practices across the broader organization. In his new role, Jeff will continue to identify and execute additional productivity opportunities across manufacturing and procurement while driving margin expansion and customer satisfaction. Turning to slide eight, we are making strategic investments to maximize profitable growth. Today, we are highlighting SEPTR products for military applications. We see meaningful opportunities to expand our product portfolio and grow our military business by applying our material conversion expertise across a broad range of ammunition packaging. We supply military packaging products, including ammunition containers, to defense customers across the United States and NATO Allied Nations with products qualified for use by military customers in those markets. Our highly engineered solutions improve logistics, reduce weight by up to 40%, and lower lifecycle costs compared to historical wood and steel products. These advantages result in lower transportation costs and improve soldier safety while also reducing replacement and maintenance requirements. We are leveraging our portfolio to accelerate adoption within existing programs and expand into adjacent categories. Turning to slide nine. We are making targeted investments to support a broader range of ammunition programs globally. Specifically, we have launched production of military ammunition containers in Europe through SEPTOR International Poland, expanding our European reach to strengthen alignment with key programs, improve speed to market, and support expected NATO growth. Our military growth story is also about leveraging our existing platforms more effectively. A great example of the flexibility within our manufacturing platform is our new 120 millimeter tank container. While this is a new product, it leverages the same mold base as our established 155 millimeter C-137 artillery container, allowing us to expand our offering with minimal incremental capital investment and accelerating time to market. Rather than funding an entirely new tooling platform, we can introduce new products at a fraction of the cost while utilizing existing manufacturing capabilities. Beyond the direct revenue opportunity, this success has strengthened our relationships with key decision makers across NATO Allied Nations and U.S. defense customers, creating opportunities to participate in additional programs in the years ahead. Meyers' ammo packaging revenue increased from $20 million in 2024 to $49 million in 2025, and we see a path to continued growth with a serviceable market of approximately $300 million. We expect our ammo packaging revenues to grow at a 10% to 15% CAGR through 2028. Our investments will position us to support new military programs and help customers develop new products for equipment modernization and the introduction of new weapon systems. This category creation opportunity is one of several organic growth platforms, and we are excited to share more with you as we execute on our strategy. At this time, I will turn the call over to Sam for a review of our financial results.