Will Kaludich
Chief Financial Officer
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Premium Brands Holdings Corporation (PBH) Q1 2026 Earnings Call
Premium Brands Holdings Corporation (TSX: PBH) Q1 2026 earnings conference call, held 2026-05-07. Replay captured from the company's public earnings webcast.
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WEBVTT 00:00:01.820 -- 00:00:06.988 Welcome everyone to our 2026 first quarter conference call. 00:00:06.988 -- 00:00:11.055 With me here today is our CFO, Will Kaludich. 00:00:11.055 -- 00:00:16.223 Our presentation today will follow the deck that was posted on our website this morning. 00:00:16.223 -- 00:00:22.853 You can also access it by clicking on the link off our press release issued this morning. 00:00:22.853 -- 00:00:27.901 Since our founding back in 2000, 2001, we evolved from a small Western 00:00:27.901 -- 00:00:33.305 Canadian food company to a much larger organization with operations across 00:00:33.305 -- 00:00:38.490 North America producing great foods with clean and natural ingredients 00:00:38.490 -- 00:00:43.675 and leading positions in many specialty and other on-trend food categories 00:00:43.675 -- 00:00:48.557 sold in diverse geographies in multiple channels. 00:00:48.960 -- 00:00:54.505 Over the past couple of years, we faced not one but many Black Swan events, 00:00:54.505 -- 00:00:59.093 including, of course, tariffs, commodity hyperinflation, 00:00:59.093 -- 00:01:03.980 supply chain disruptions, and consumer confidence-related challenges. 00:01:03.980 -- 00:01:09.186 Despite these headwinds, we continue to pivot, adjust, and move forward, 00:01:09.186 -- 00:01:13.352 and always emerge bigger, stronger, and more profitable. 00:01:13.352 -- 00:01:18.920 This is evidenced by the fact that our sales and EBITDA for the first quarter in 2026 00:01:18.920 -- 00:01:23.363 came in at $2.1 billion and $171.5 00:01:23.426 -- 00:01:28.671 million respectively, up substantially from just two years ago, when our first quarter 00:01:28.671 -- 00:01:34.217 sales in EBITDA came in at $1.46 billion and $121.5 00:01:34.217 -- 00:01:39.243 million. So despite...