Gypsum Management and Supply's (GMS) CEO Mike Callahan on Q1 2018 Results - Earnings Call Transcript

Gypsum Management and Supply, Inc. (NYSE:GMS) Q1 2018 Results Earnings Conference Call September 6, 2017 10:00 AM ET

Executives

Rodney Noseia - Investor Relations
Mike Callahan - President, Chief Executive Officer, Director
Doug Goforth - Chief Financial Officer, Vice President, Treasurer

Analysts

Bob Wetenhall - RBC Capital Markets
Mike Dahl - Barclays
Keith Hughes - SunTrust
Luke Young - Baird
Matt McCall - Seaport Global

Operator

Good day and welcome to the GMS Inc. fiscal first quarter 2018 earnings conference call. Today's conference is being recorded. We will open for questions later in the presentation. [Operator Instructions].

At this time, I would like to turn the conference over to Rodney Noseia, Investor Relations. Please go ahead, sir.

Rodney Noseia

Good morning and thank you for joining us today for GMS' earnings conference call for the first quarter of our fiscal year 2018 ended July 31, 2017. I am joined by Mike Callahan, President and CEO and Doug Goforth, CFO. In addition to the first quarter press release issued this morning, we have posted presentation slides to accompany this call in the Investors section of our website at www.gms.com.

Turning to slide two. On today's call, management's prepared remarks and answers to your questions may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements address matters that are subject to risks and uncertainties, many of which are beyond our control that may cause actual results to differ from those discussed today.

Examples of forward-looking statements include those related to net sales, gross profit, gross margin and capital expenditures and market share growth as well as non-GAAP financial measures such as adjusted EBITDA, the ratio of debt to adjusted EBITDA, adjusted net income and base business sales, including any management expectations or outlook for fiscal 2018 and beyond. In addition, statements regarding