Prestige Consumer Healthcare Inc.

Ladies and gentlemen, thank you for standing by and welcome to the Q1 2021 Prestige Consumer Healthcare Inc. Earnings Conference Call. At this time, all participants' lines are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star one on your telephone. Please be advised that today's conference is being recorded. If you require any further assistance, please press star zero. I would now like to hand the conference over to your speaker today, Mr. Phil Terpolilli, Director of Investor Relations. Thank you. Please go ahead, sir.

Thanks, Operator, and thank you to everyone who has joined today. On the call with me are Ron Lombardi, our Chairman, President, and CEO, and Chris Sacco, our CFO. On today's call, we'll begin with some topical remarks given the current pandemic Review the results of the first quarter fiscal 21, provide an outlook update, and then take questions from analysts. We have a slide presentation which accompanies today's call. It can be accessed by visiting PrestigeConsumerHealthcare.com, clicking on the Investors link, and then on today's webcast and presentation. Please remember some of the information contained in the presentation today includes non-GAAP financial measures. Reconciliations to the nearest GAAP financial measures are included in today's earnings release and slide presentation. During today's call, management will make forward-looking statements around risks and uncertainties, which are detailed in a complete safe harbor disclosure on page two of the slide presentation accompanying the call. These are important to review and contemplate. As everyone on the call today is well aware, business environment uncertainty remains heightened due to the duration and impact of COVID-19. These impacts include an uncertain shutdown timeframe for many areas of our economy, ongoing changes to consumer purchasing habits, the potential for a disrupted supply chain, heightened unemployment, and many other economic factors. This means that results could change at any time and the forecasted impact of risk considerations is the best estimate based on the information available as of today's date. Additional information concerning risk factors and cautionary statements are available in our most recent SEC filings and the most recent Company 10-K. I'll now hand it over to our CEO, Ron Lombardi. Ron?

Thanks, Phil. Let's start on slide five. Last quarter, we were experiencing the very early innings of the COVID-19 pandemic. At the time, we outlined several factors our organization began focusing on in real time to adapt to the changing environment. As a result of these actions, I'm pleased to report a solid Q1 earnings result and better than expected revenues. This is a testament to our preparedness and the strategy that we outlined. For starters, our long-term strategy continues to work. Our mission to provide consumers brands they know and trust is unwavering. Even with the challenging environment being experienced due to COVID-19, our consumers continue to turn to our leading brands to meet their healthcare needs. Second, our robust continuity plans continue to have us well positioned to service our retail partners. Our investments in selecting the right manufacturing partners and maintaining ample inventory has paid off in this tight supply environment. Third, embracing our company culture of leadership, trust change and execution has paid off in a big way. It's allowed us to be agile marketers, pivoting quickly to efforts that optimize our brands in this very unique environment. The end result is that we are winning in growing channels like e-commerce, and our portfolio continues to be well positioned for the long term. And finally, our strong operating model and disciplined capital strategy continue to reward stakeholders. Our strong Q1 free cash flow and industry leading financial profile enabled further debt reduction in the quarter. In summary, we are not sitting still. We are learning from what is happening and adjusting our go forward strategy in real time. We are doing this through the guide of our proven three-pillar strategy, which remains intact. It drives our long-term success, and Q1 was yet another example of it. I'll now hand it over to Chris to review Q1 financial results.