Caesarstone Ltd. (CSTE) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.738 and welcome to the Caesarstone First Quarter 2026 Earnings 00:00:03.738 -- 00:00:07.644 Conference Call. As a reminder, this conference is being recorded. 00:00:07.644 -- 00:00:11.852 It is now my pleasure to introduce your host, Brad Cray of ICR. 00:00:11.852 -- 00:00:12.914 Thank you. You may begin. 00:00:12.914 -- 00:00:14.737 Thank 00:00:14.737 -- 00:00:17.562 you, Operator, and good morning to everyone on the line. 00:00:17.562 -- 00:00:23.032 I am joined by Yoch Sharan, Caesarstone's Chief Executive Officer, and Nahum Trost, 00:00:23.032 -- 00:00:27.756 Caesarstone's Chief Financial Officer. Certain statements in today's conference call 00:00:27.756 -- 00:00:31.882 in response to the various questions may constitute forward-looking statements. 00:00:31.882 -- 00:00:35.808 We caution you that such statements reflect only the company's current expectations and 00:00:35.808 -- 00:00:39.354 that actual events or results may differ materially. 00:00:39.354 -- 00:00:43.320 For more information, please refer to the risk factors contained in the company's most 00:00:43.320 -- 00:00:48.783 recent annual report on Form 20-S and subsequent filings with the SEC. 00:00:48.783 -- 00:00:52.888 In addition, on this call, the company will make reference to certain non-GAAP financial 00:00:52.888 -- 00:00:57.954 measures, including adjusted net loss income, adjusted net loss income per 00:00:57.954 -- 00:01:04.222 share, adjusted gross profit, adjusted EBITDA, and constant currency. 00:01:04.222 -- 00:01:08.287 The reconciliation of these non-GAAP measures to the most directly comparable GAAP measures 00:01:08.287 -- 00:01:13.193 can be found in the company's first quarter 2026 earnings release, which is posted on 00:01:13.193 -- 00:01:18.346 ...