cbdMD, Inc. (YCBD) Q1 2025 Earnings Call Transcript

cbdMD, Inc. (NYSE:YCBD) Q1 2025 Earnings Conference Call February 13, 2025 4:20 PM ET

Company Participants

Brad Whitford - Chief Accounting Officer
Ronan Kennedy - Interim Chief Executive Officer and Chief Financial Officer

Conference Call Participants

Adam Waldo - Lismore Partners, LLC
Thomas McGovern - Maxim Group

Operator

Good afternoon. Welcome to the cbdMD, Inc.'s December 31, 2024, First Fiscal Quarter of 2025 Earnings Call and Update. This afternoon, the company issued a press release that provided an overview of its first quarter results, which followed the filing of its quarterly report on Form 10-Q.

Today's conference call is being recorded and will be available online following – along with our earnings press release covering our financial results and non-GAAP presentations at cbdmd.com in accordance with cbdMD's retention policies. All participants on this call will be in a listen-only mode. The call will be followed by a question-and-answer session.

At this time, I would now like to turn the conference over to Brad Whitford, the company's Chief Accounting Officer. Brad?

Brad Whitford

Thank you, [Gallian], and thank you all for joining the cbdMD’s December 31, 2024, first quarter of fiscal 2025 earnings call and update. On the call today, we also have Ronan Kennedy, our CEO and Chief Financial Officer.

We'd like to remind everyone that various remarks about future expectations, plans and prospects constitute forward-looking statements for purposes of the Safe Harbor provisions under the Private Securities Litigation Reform Act of 1995. cbdMD cautions that these forward-looking statements are subject to risks and uncertainties that may cause our actual results to differ materially from those indicated, including risks described in the company's annual report on Form 10-K for the fiscal year ended September 30, 2024, and our other filings with the SEC, all of which can be reviewed on the company's website at www.cbdmd.com or