Craft Brew Alliance Management Discusses Q1 2013 Results - Earnings Call Transcript

May 09, 2013 6:30 PM ETCraft Brew Alliance, Inc. (BREW)
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Craft Brew Alliance (NASDAQ:BREW) Q1 2013 Earnings Call May 9, 2013 11:30 AM ET

Executives

Terry E. Michaelson - Chief Executive Officer

Mark D. Moreland - Chief Financial Officer and Treasurer

Andrew J. Thomas - President of Commercial Operations

Analysts

Anton Brenner - Roth Capital Partners, LLC, Research Division

Joseph P. Munda - Sidoti & Company, LLC

Vivien Azer - Citigroup Inc, Research Division

Soraya Benitez

Operator

Good day, ladies and gentlemen, and welcome to the Q1 2013 Craft Brew Alliance, Inc. Earnings Conference Call. My name is Karen, and I'll be your operator for today. [Operator Instructions] As a reminder, this call is being recorded for replay purposes. I'd now like to turn the call over to Terry Michaelson, CEO.

Terry E. Michaelson

Thank you, and good morning, everybody. I'm pleased to present the Craft Brew Alliance investor conference call to discuss our results for the first quarter of 2013. I will be addressing the general business environment; Andy Thomas, our President of Commercial Operations, will provide detailed commentary and insight into the industry; and Mark Moreland, our Chief Financial Officer, will comment on the financial results. We will then open up the call for questions. Before we begin, I will ask Mark to read our Safe Harbor statement.

Mark D. Moreland

Thanks, Terry, and good morning, everybody. As a reminder, this call may contain forward-looking statements. Forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially from those described in any such forward-looking statements. The risk factor section in our most recent Form 10-K lists some of the factors that could cause Craft Brew’s actual results to differ materially from the forward-looking statements made on this call. Craft Brew undertakes no obligation to update publicly any forward-looking statements except as required

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