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11/4/2025
With that, I'll hand it over to Tracy Mangini, Vice President, Investor Relations.
Thank you, operator, and hello, everyone. Our discussion today includes forward-looking statements within the meaning of U.S. federal securities laws. For more information, please refer to the forward-looking statements disclosure in our earnings release. In addition, the definitions of our reconciliations for any non-U.S. GAAP measures are included in our earnings release. Please note that with the exception of earnings per share, All financial metrics are in constant currency when referencing percentage changes from the prior year period. With me on the call today are Gavin Hattersley, former chief executive officer who retired October 1st, but remains with the company on an advisory capacity until year end. Rahul Goyal, chief executive officer, and Tracy Jobert, chief financial officer. Today, Gavin would like to share some opening remarks before passing to Rahul to provide an initial high-level view of his vision going forward. Tracy will then wrap up with a brief review of the quarter and our 2025 outlook. A more detailed presentation of our quarterly performance, including financial and operational metrics and drivers, is available in our earnings release and earnings slides, which are made available earlier today on the IR section of our website. Upon the conclusion of our prepared remarks, we will take your questions. And as always, we ask that you limit yourself to one question, and then if needed, return to the queue. With that, I'll pass it to you, Gavin.
Thank you, Tracy, and hello, everybody, and thank you for joining the call. I'm pleased to be here today for what is my last earnings call with Molson Queers. It has been an incredible journey, and I could not be prouder of this team and the strong foundation that we have built. This includes our iconic brands across the world, our leading capabilities from supply chain to marketing, our dramatically improved balance sheet, and our strong free cash flow generation. And while I'm retiring during a difficult time in the industry, I am confident in the company's ability to return to growth. So with that, it is my great pleasure to introduce Rahul, who took over the role of CEO on October the 1st. During my six years as CEO, I worked closely with Rahul. His deep strategic insights institutional knowledge fresh perspectives and proven ability to deliver which are particularly important in these dynamic times make him in my view the right choice for the job and while he has only been enrolled for about a month he has certainly hit the ground running and to share more about this i'll pass the call to rahul thank you gavin it has been a true privilege to work with you for so many years and i look forward to building on your many accomplishments
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