Sturm, Ruger & Company, Inc.

Good day and thank you for standing by. Welcome to the first quarter of the Sturm-Ruger earnings conference call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star 1 on your telephone. If you require any further assistance, please press star 0. I want to hand the conference over to your speaker today, Christopher Coloy, President and Chief Executive Officer. Please go ahead.

Good morning, and welcome to the Stern, Ruger & Company first quarter 2022 conference call. I would like to ask Kevin Reed, our general counsel, to read the caution on forward-looking statements. Then Tom Dineen, our chief financial officer, will give an overview of the first quarter 2022 financial results, and then I will discuss our operations and the state of the market. After that, we'll get to your questions. Kevin?

Thanks, Chris. We want to remind everyone that statements made in the course of this meeting that state the company's or management's intentions hopes, beliefs, expectations, or predictions of the future are forward-looking statements. It is important to note that the company's actual results could differ materially from those projected in such forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the company's SEC filings, including, but not limited to, the company's reports on the Form 10-K for the year ended December 31, 2021, and, of course, the Form 10-Q for the first quarter of 2022, which we filed just last night. Copies of these documents may be obtained by contacting the company or the SEC or on the company website at ruger.com forward slash corporate or the SEC website at sec.gov. We do reference non-GAAP EBITDA. Please note that the reconciliation of GAAP net income to non-GAAP EBITDA can be found in our Form 10-K for the year ended December 31, 2021. and our Form 10-Q for the first quarter of 2022, both of which are posted to our website. Furthermore, the company disclaims all responsibility to update forward-looking statements. Chris?