Herman Miller Inc. (NASDAQ:MLHR) Q1 2021 Earnings Conference Call - Final Transcript

Good morning, and welcome to Herman Miller's First Quarter Earnings Conference Call. [Operator Instructions]

I would now like to introduce your host for today's conference, Kevin Veltman, Vice President of Investor Relations and Treasurer.

Good morning, everyone. Joining me today on our first quarter earnings call are Andi Owen, our President and Chief Executive Officer; Jeff Stutz, our Chief Financial Officer; John Michael, President of North America Contract; and Debbie Propst, President of Herman Miller Retail.

As you may have noticed in our press release that was posted yesterday, we have changed our approach to the quarterly press release to adapt a shareholder letter format, that replaces our prepared remarks on the conference call. We believe this approach both provides more timely information for investors and allows more time for questions and dialog on the call. We have posted yesterday's press release on our Investor Relations website at hermanmiller.com. Wherever any figures are presented on a non-GAAP basis we have reconciled the GAAP and non-GAAP amounts within the press release as well.

Before we begin today's Q&A session, I would like to remind everyone that this call will include forward-looking statements. For information on factors that could cause actual results to differ materially from these forward-looking statements, please refer to the earnings press release as well as our annual and quarterly SEC filings. Any forward-looking statements that we make today are based on assumptions as of this date and we undertake no obligation to update these statements as a result of new information or future events. Today's call is scheduled for 60 minutes.

With that, I'll turn the call back over to the operator. And we'll begin to take your questions.