Premium Brands Holdings Corporation (PBH) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to the Premium Brands Holdings Corporation first quarter 2025 earnings conference call question and answer session. At this time, all lines are in listen-only mode. If at any time during this call you require immediate assistance, please press star zero for the operator. This call is being recorded on Wednesday, May 7th, 2025. Our speakers will be George Palilogo, CEO and President of Premium Brands, and Will Kaludich, CFO of Premium Brands. I would now like to turn the conference over to George Palilogo. Please go ahead. Thank you, Alan. Good morning and welcome everyone to our 2025 first quarter conference call. With me here today is our CFO, Will Kaludich. Hopefully, you've had a chance to listen to a pre-recorded call posted on our website this morning. We will now take your questions. Ladies and gentlemen, we will now begin the question and answer session. Should you have a question, please press R1 in your touchstone phone. You will hear a prompt that your hand has been raised. Should you wish to decline from the polling process, please press star two. If you're using a speakerphone, please lift the handset before pressing any keys. One moment, please, for your first question. Your first question comes from Martin Landry of Stifel. Your line is already open. Hi, good morning, George and Will. Good morning, Martin. My first question pertains to the U.S. It's more of a macro question. I'm wondering what you're seeing in terms of end consumer demand in the U.S. There's sign of decreasing consumer confidence. We've seen some QSR reporting slower traffic. I was wondering if you're seeing at product retail and with some of your clients any sign of weakness more recently? Again, Martin, I think it's important to look a...