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Freshii Inc.
5/12/2022
Greetings and welcome to the Freshie, Inc. First Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Paul Hughes, General Counsel. Thank you, Paul. You may begin.
Thank you and welcome to Freshie's first quarter 2022 earnings conference call. Joining me today is Matthew Corrin, our founder and executive chairman, and Daniel LaRue, chief executive officer. Please note that remarks in this conference call may provide certain information regarding our expectations, future plans, and intentions that may constitute forward-looking statements. I would refer you to our most recently filed management discussion and analysis, which includes a summary of the significant assumptions underlying such forward-looking statements and certain risks and factors that could affect our future performance and our ability to deliver on these forward-looking statements. The first quarter 2022 earnings release, the related financial statements, and the management discussion and analysis are available on CDAR, as well as the investor relations section of Freshy's website at freshy.inc. All figures discussed on this conference call are in Canadian dollars unless otherwise noted. Following our prepared remarks, we will open the line for questions. As we will not be conducting any follow-up calls this morning, we encourage you to use this question period to ask us any questions you might have about our results or our business in general. At this time, I would like to turn the call over to our founder and executive chairman, Matthew Koren.
Thank you, Paul. Good morning, everyone. Since founding Freshie more than 17 years ago, we've grown from a single salad-focused food court counter in downtown Toronto into a global health and wellness brand spanning 13 countries, now with three distinct business units bringing healthy food to citizens of the world. The omnichannel health and wellness brand that I'd envisioned for Freshie has become a reality, and I believe that we are well-positioned to serve the health-conscious consumers of the future. As the company works to realize its full omnichannel potential, I believe that we will be best served by the appointment of Daniel Haroun as our CEO. Daniel and I have worked extremely closely together during his years as Freshies CFO, and I've come to rely on his expertise and judgment in all areas of our business. This expertise and judgment combined with Daniel's pre-Freshy leadership experience at Global Franchise Restaurant and Retail Grocery Operators gives me great confidence that Daniel is the right person to lead Freshy through the next phase of our omnichannel growth. I want Freshy to have intergenerational relevance for our customers, our team members, our franchise owners, and our shareholders. And I believe this vision will be best realized by transitioning responsibility for the day-to-day leadership of the company to Daniel and the incredible team he has today and that he will continue to build around him. In my new role as executive chairman, I intend to maintain my significant shareholdings in Freshie, be our biggest brand champion, and our most loyal guest. I'm confident in Dan's ability to lead our brand and culture on a path that is accretive to the company's share value. Thank you to all of our team members our franchise and retail partners, and our shareholders. I believe the best is yet to come. I will now pass the balance of this call to our CEO, Daniel Haroun.
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