Spectrum Brands Holdings, Inc. (NYSE:SPB) Q2 2020 Earnings Conference Call - Final Transcript

Apr 30, 2020 • 09:00 am ET


Spectrum Brands Holdings, Inc. (NYSE:SPB) Q2 2020 Earnings Conference Call - Final Transcript


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Ladies and gentlemen, thank you for standing by, and welcome to the Q2 2020 Spectrum Brands Holdings, Inc. Earnings Conference Call. [Operator Instructions]

I would now like to hand the conference over to your speaker today to Kevin Kim, DVP of Investor Relations. Thank you. Please go ahead, sir.

Kevin Kim

Thank you, Dalam. Welcome to Spectrum Brands Holdings Fiscal 2020 Q2 Earnings Conference Call and Webcast. I'm Kevin Kim, DVP of Investor Relations and moderator for today's call. To help you follow our comments, we have placed a slide presentation on the Event Calendar page in the Investor Relations section of our website at www.spectrumbrands.com. This document will remain there following our call. Starting with slide two of the presentation. Our call will be led by David Maura, Chairman and Chief Executive Officer; Jeremy Smeltser, Chief Financial Officer; and Randy Lewis, Chief Operating Officer. After their opening remarks, we will conduct the Q&A session.

Turning to slide s three and four. Our comments today include forward--looking statements, which are based upon management's current expectations, projections and assumptions and are, by nature, uncertain. Actual results may differ materially. Due to that risk, Spectrum Brands encourages you to review the risk factors and cautionary statements outlined in our press release dated today April 30, 2020, and our most recent SEC filings and annual report on Form 10--K and quarterly reports on Form 10--Q. We assume no obligation to update any forward--looking statement. Also, please note, we will discuss certain non--GAAP financial measures in this call. Reconciliations on a GAAP basis for these measures are included in today's press release and 8--K filings, which are both available on our website in the Investor Relations section.

Now let me turn the call over to David Maura.

David M. Maura

Thank you, Kevin. Good morning, everybody. I appreciate everybody for joining us this morning. I certainly hope this call finds you all well and safe during these times. Before we start the call, it's really important to me, and it's very hard for me to convey over an earnings conference call the gratitude I feel toward all of our employees. I really would be remiss not to say a huge thanks to everybody in Spectrum Brands, all of our employees and associates globally. I'm extremely proud of the amazing way the Spectrum Brands family has come together and taken steps to protect not only our people, our company, but also to serve our retail customers, consumers and our communities, quite frankly, around the globe.

I am extremely proud of the response, the proactive steps and the collaboration that this team called Spectrum Brands has demonstrated. We have acted, perhaps more united, more cohesive as a team than we ever have before. And I'm just I'm thrilled to see evidence of servant leadership and empowering and encouraging and inspiring our teams, honestly, in the U.S., Europe, the world over. So a really big thank you from me, from the bottom of my heart, to, all of our employee associates and partners