A.O. Smith Corporation (AOS) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.239 Welcome to the AO Smith Corporation's first quarter 2025 earnings conference 00:00:05.239 -- 00:00:09.164 call. At this time, all participants are in listen-only mode. 00:00:09.164 -- 00:00:12.890 After the speaker's presentation, there will be a question and answer session. 00:00:12.890 -- 00:00:17.216 To ask a question during this session, you'll need to press star 11 on your telephone. 00:00:17.216 -- 00:00:20.696 If your question has been answered, and you'd like to remove yourself from the queue, 00:00:20.696 -- 00:00:25.642 simply press star 11 again. As a reminder, today's program is being recorded. 00:00:25.642 -- 00:00:29.807 And now I'd like to introduce your host for today's program, Helen Gerholt. 00:00:29.807 -- 00:00:31.990 Please go ahead. 00:00:31.990 -- 00:00:34.473 Thank you, Jonathan. And good morning, everyone. 00:00:34.473 -- 00:00:38.097 And welcome to the A.O. Smith First Quarter Conference Call. 00:00:38.097 -- 00:00:43.363 I'm Helen Gerholt, Vice President, Investor Relations and Financial Planning and Analysis. 00:00:43.363 -- 00:00:48.661 Joining me today are Kevin Wheeler, Chairman and Chief Executive Officer of Steve 00:00:48.661 -- 00:00:53.768 Schaefer, President and Chief Operating Officer, and Chuck Lauber, Chief Financial Officer. 00:00:53.768 -- 00:00:57.873 Within today's presentation, we have provided non-GAAP measures. 00:00:57.873 -- 00:01:02.639 Free cash flow is defined as cash from operations plus capital expenditures. 00:01:02.639 -- 00:01:07.084 Reconciliations from GAAP measures to non-GAAP measures are provided in the appendix 00:01:07.084 -- 00:01:10.669 at the end of this presentation and on our website. 00:01:10.669 -- 00:01:14.613 A friendly reminder that some of our comments and an...