BG Staffing, Inc. (NYSE MKT:BGSF) Q1 2019 Earnings Conference Call Transcript

May 09, 2019 • 04:30 pm ET


BG Staffing, Inc. (NYSE MKT:BGSF) Q1 2019 Earnings Conference Call Transcript


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Thank you for standing by. This is the conference operator. Welcome to the BG Staffing First Quarter 2019 Financial Results Conference Call. As a reminder, all participants are in listen-only mode, and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. (Operator Instructions)

I would now like to turn the conference over to Terri MacInnis, VP of Investor Relations at Bibicoff & Macinnis, Inc. Please go ahead.

Terri MacInnis

Thank you, Savvy. It's my pleasure to welcome you to the BG Staffing conference call to discuss Q1 financial and operating results and the progress report on the company's business strategy.

With me today on our call is Beth Garvey, President and CEO; and Dan Hollenbach, Chief Financial Officer.

By now, you should have seen a copy of this morning's press release announcing BG's Q1 financial results as well as the Form 10-Q. If you do not have a copy of either, you can find it in the Investor Relations section on BG's website at

I remind you that this call is being webcast live and recorded. A replay of the event will be available later today on the company's website and will remain available for at least 90 days following the call.

I would also like to remind you that our discussions today include forward-looking statements. These statements are based on certain assumptions made by BG Staffing based on and are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. The company's actual results could differ materially from those indicated by the forward-looking statements because of various risks and uncertainties, including those listed in Item 1A of the company's annual report on Form 10-K and in the company's other filings and reports with the Securities and Exchange Commission. All risks and uncertainties are beyond the ability of the company to control, and in many cases, the company cannot predict the risks and uncertainties that could cause its actual results to differ materially from those indicated by the forward-looking statements. These forward-looking statements are made as of the date of this call, and BG Staffing assumes no obligation to update these statements publicly, even if new information becomes available in the future.

This broadcast is covered by US copyright laws, and any use or rebroadcast of all or any portion of this conference call may only be done with the company's expressed written permission.

During our call, we will discuss some non-GAAP measures, which we use for internal evaluation and to report the results of the business as useful information to management, our Board of Directors and investors about our operating activities and business trends related to our financial condition and results of operations. These non-GAAP measures are intended to supplement GAAP financial information and should not be considered in isolation as a substitute for or as superior to financial measures circulated in accordance with GAAP. For reconciliation of these non-GAAP measures to the most directly comparable GAAP measures, please