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Welbilt's (WBT), CEO Bill Johnson on Q1 2020 Results - Earnings Call Transcript

May 08, 2020 7:33 AM ETWelbilt, Inc. (WBT)
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Welbilt, Inc. (NYSE:WBT) Q1 2020 Earnings Conference Call May 5, 2020 10:00 PM ET

Company Participants

Rich Sheffer – Vice President of Investor Relations

Bill Johnson – President and Chief Executive Officer

Marty Agard – Executive Vice President and Chief Financial Officer

Conference Call Participants

Tim Thein – Citi

Mig Dobre – Baird

Brad Vanino – KeyBanc Capital Markets

Larry De Maria – William Blair

Walt Liptak – Seaport Global

Michael Lipsky – Knighthead Capital

Operator

Ladies and gentlemen, thank you for standing by and welcome to the Welbilt, Inc. 2020 Q1 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded. [Operator Instructions] I would now like to hand the conference over to your speaker today Rich Sheffer. Please go ahead, sir.

Rich Sheffer

Good morning and welcome to Welbilt's 2020 First Quarter Earnings Call and Webcast. Joining me on the call today is Bill Johnson, our President and Chief Executive Officer; and Marty Agard, our Chief Financial Officer. Before we begin our discussion, please refer to our Safe Harbor statement on Slide 2 of the presentation slides, which can be found in the Investor Relations section of our website, www.welbilt.com. Any statements in this call regarding our business that are not historical facts are forward-looking statements, and our future results could differ materially from any expressed or implied projections or forward-looking statements made today.

Our actual results may be affected by many important factors, including risks and uncertainties identified in our press release and in our SEC filings. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or other circumstances.

Today's

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