Utz Brands, Inc.

Good morning, my name is Audra and I will be your conference operator today. At this time, I would like to welcome everyone to the Youth Brands Inc. Second Quarter 2025 Earnings Conference Call. Today's conference is being recorded. All lines have been placed on mute to prevent any background noise. If you would like to ask a question, simply press the star key followed by the number one on your telephone keypad. If you would like to withdraw your question, press star one again. At this time, I would like to turn the conference over to Trevor Martin, Senior Vice President of Investor Relations. Please go ahead.

Thank you, operator, and good morning, everyone. Thank you for joining us today for our live Q&A session and our second quarter 2025 results. With me on today's call are Howard Friedman, CEO, and Bill Kelly, CFO. I hope everyone has had a chance to read our prepared remarks and view our presentation, all of which are available on our investor relations website. Before we begin our Q&A session, I just have a few administrative items to review. Please note that some of our comments today will contain forward-looking statements based on our current view of the business and that actual future results may differ materially. Please see our recent FCC filing, which identifies principal risks and uncertainties that could affect future performance. Today, we will discuss certain adjusted or non-GAAP financial measures, which are described in more detail in this morning's earnings materials. Reconciliation of non-GAAP financial measures and other associated disclosures are contained in our earnings materials and posted on our website. Now, operator, we are ready to open up the line for questions.

Thank you. Once again, please press star one if you would like to ask a question. We'll go first to Andrew Lazar at Barclays.