Vista Outdoor Inc.

Good morning and welcome to the first quarter fiscal year 2024 Vista outdoor earnings conference call. My name is Carla and I will be the operator of today's call. If you would like to register a question for the Q&A portion of the call please press star followed by one on your telephone keypad. When asking your question please ensure your telephone is unmuted locally. To revoke a question you can press star followed by two. I would now like to pass the conference over to our host, Tyler Lindvall, Vice President of Investor Relations, to begin. Please go ahead when you're ready.

Thank you, Operator, and good morning to everyone joining us for our first quarter fiscal year 2024 earnings call. With me this morning is Gary McArthur, Interim Chief Executive Officer. Eric Nyman, Incoming CEO, Outdoor Products. Jason Vanderbrink, CEO, Sporting Products. Vishak Shankaran, President, Outdoor Accessories and Golf. And Andy Keegan, Vice President and Interim Chief Financial Officer. Before we begin, I'd like to remind everyone that during today's call, we will be making several forward-looking statements, and we make these statements under the safe harbor provisions of the private securities Litigation Reform Act. These forward-looking statements reflect our best estimates and assumptions based on our understanding of information known to us today. These forward-looking statements are subject to the risks and uncertainties that face VISTA Outdoors and the industries in which we operate. We encourage you to review today's press release and VISTA Outdoors SEC filings for more information on these risk factors and uncertainties. Please also note that we have posted presentation materials on our website at investors.vistaoutdoor.com, which supplement our comments this morning and include a reconciliation of non-GAAP financial measures. Gary, I'll turn it over to you.

Thank you, Tyler, and thank you for joining us this morning as we discuss our first quarter 2024 results. Let me begin by thanking our management team and all Vista Outdoor employees for their hard work during another challenging quarter. Though our top line continues to be tested, we delivered solid EBITDA and free cash flow again this quarter. Before discussing results, I thought it would be good to have Eric, our new CEO for Outdoor Products, introduce himself, and I will then provide an update on spend timing. Eric will be joining us in mid-August after spending 20 years at Hasbro, where he most recently served as Chief Operating Officer and President. He brings a wealth of talent and experience to our organization. I look forward to serving on the board with Eric as he guides outdoor products into the future.