4/17/2024

speaker
Operator
Conference Operator

Good day, everyone, and welcome to today's Greystone Logistics Q3 results. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask a question during the question-and-answer session. You may register to ask a question at any time by pressing star 1 on your telephone keypad. You may withdraw yourself from the queue by pressing star 2. And as a reminder, today's call is being recorded. I will be standing by if you need any assistance. It's now my pleasure to turn the conference over to Brendan Hopkins. Please go ahead.

speaker
Brendan Hopkins
Investor Relations

Thank you, and thank you, everyone, for joining us today. We have a brief safe harbor, and then we'll get started. Except for historical information contained herein, the statements in this conference call are forward-looking statements that are made pursuant to the Safe Harbor Provisions, the Private Securities Litigation Reform Act of 1995. forward-looking statements involve known and unknown risks and uncertainties that may cause our actual results in future periods to differ materially from forecasted results. With that said, I would like to turn the call over to Warren Kruger, CEO of Greystone Logistics.

speaker
Warren Kruger
CEO

Thank you, Brendan. I appreciate everyone being here today at the call. We look forward to taking questions a little later. I just want to talk a little bit about the last three months and the last nine months. S3 has been a little weaker than what I would have hoped for. We have a very large – we have one of the largest retailers in America that we're – we had the tool about two months ago, but supply chain – Timing has not really benefited any of us in the manufacturing sector. It's taking longer to get tooling, equipment. And so we do have a tool that should be here in the next 30 days. And that tool, I would doubt, will stop running for the foreseeable future. We also have retooled our automobile pallet, and, of course, we are now out with Tesla, General Motors, Ford. We're showing that product, and I'm very optimistic about that as well. We're also looking to buy – our Nestle business has been up some, and we're excited about – in terms of the last nine months, there's a little bit of confusion with the Retained earnings credit we got from the government that helped not retain earnings, retain employees, the credit we got. That really did help us retain our employees. It was something that benefited all of America, I think, and most certainly affected us. But it skewed our numbers somewhat. Our numbers are good this year. They are a little bit under-projected. I anticipate that we'll get back on track very soon. So I look forward to the questions a little later. And right now I want to turn it over to Bryce Dilley, who will go over the numbers for us. Okay.

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