Toro Company (The)

Good day, ladies and gentlemen, and welcome to the Toro Company's first quarter earnings conference call. My name is Joelle, and I will be your coordinator for today. At this time, all participants are in a listen-only mode. We will be facilitating a question and answer session towards the end of today's conference. If at any time during the call you require assistance, please press star followed by zero, and the coordinator will be happy to assist you. As a reminder, this conference is being recorded for replay purposes. I would now like to turn the presentation over to your host for today's conference, Nicholas Rhodes, Managing Director of Investor Relations for the Toro Company. Please proceed, Mr. Rhodes.

Thank you, and good morning.

Our earnings release was issued this morning, and a copy can be found in the Investor Information section of our corporate website, thetorocompany.com. On our call today are Rick Olson, Chairman and Chief Executive Officer, Renee Peterson, Vice President, Treasurer and Chief Financial Officer, and Julie Karikas, Senior Managing Director, Global Tax and Treasury. We begin with our customary forward-looking statement policy. During this call, we will make forward-looking statements regarding our business and future financial and operating results. You are all aware of the inherent difficulties, risks, and uncertainties in making predictive statements. Our earnings release, as well as our SEC filings, detail some of the important risk factors, including those related to COVID-19, that may cause our actual results to differ materially from those in our predictions. Please note that we do not have a duty to update our forward-looking statements. In addition, during this call, we will reference certain non-GAAP financial measures. Reconciliations of historical non-GAAP financial measures to reported GAAP financial measures can be found in our earnings release or on our website. We believe these measures may be useful in performing meaningful comparisons of past and present operating results to understand the performance of our ongoing operations and how management views the business. Non-GAAP financial measures should not be considered superior to or a substitute for the GAAP financial measures presented in our earnings release and this call. On a personal note, I'd like to take this opportunity to announce that Julie Karikas will be assuming my responsibilities as Senior Managing Director of Investor Relations, working with Olga Gutteneva. It has been a pleasure working with each of you in this capacity over the last year. Julie and Olga are not new to the IR function at the Toro Company, and you will find the transition to be seamless in their leadership of the IR efforts. With that, I will now turn the call over to Rick.