Premium Brands Holdings Corporation (PBH) Q4 2021 Earnings Call

Investor webinar replay

Meeting Overview The meeting was an earnings conference call for Premium Brands Holdings Corporation, where CEO George Pagliologo and CFO Will Kulutich discussed the company's financial performance for the fourth quarter and the year. Key highlights included record financial results despite industry challenges, strategic acquisitions, and ongoing investments in capacity and technology. Key Discussion Points - Record financial results for the fourth quarter and the year, marking the 18th consecutive year of growth. - Challenges faced by the industry, including commodity cost inflation, supply chain disruptions, and labor shortages. - Strong performance in the seafood segment, with Clearwater Seafood exceeding expectations. - Strategic acquisitions and investments in capacity expansion and automation. - Ongoing demand in retail and food service channels, with some impacts from the Omicron variant. - Overview of sales performance, including significant price increases and organic volum...

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[Speaker identities could not be resolved; generic labels used] [00:00] Speaker 1: Hello and welcome to Premium Brands Holdings Corporation's [00:03] Speaker 1: 4th 0.25 2021 [00:05] Speaker 1: earnings conference call. [00:08] Speaker 1: Our speakers will be George Pagliologo, [00:11] Speaker 1: CEO [00:11] Speaker 1: and President of Premium Brands, [00:14] Speaker 1: and Will Kulutich, CFO of Premium Brands. [00:17] Speaker 1: All lines have been placed on mute to prevent any background noise. [00:21] Speaker 1: After the speaker's remarks, there will be a question and answer session. [00:25] Speaker 1: If you would like to ask a question during this time, simply press star, then the number 1 on your telephone keypad. [00:33] Speaker 1: If you would like to withdraw your question, press the pound key. [00:36] Speaker 1: Thank you. I would now like to turn the call over to Mr. George Pagliologo. [00:41] Speaker 1: Please go ahead, sir. [00:43] Speaker 2: Thank you, Lisa. [00:44] Speaker 2: Welcome, everyone, to our 4th 0.25 conference call. [00:48] Speaker 2: With me here today is our CFO, Will Kalutich. [00:52] Speaker 2: Our presentation today will follow the deck that was posted on our website this morning. [00:57] Speaker 2: You can also access it by clicking on the link off our press release. [01:03] Speaker 2: The deck was just posted this morning, [01:06] Speaker 2: about 2 minutes ago, I believe. We will give you [01:10] Speaker 2: 50 seconds to retrieve it, starting now. [01:46] Speaker 2: We're now on slide 5, which outlines certain key highlights for the 0.25. [01:53] Speaker 2: Despite the various headwinds facing our industry and the world in general, [01:58] Speaker 2: we're pleased to report another [02:00] Speaker 2: 0.25 and year of record results....