Snap One Holdings Corp. (SNPO) Q3 2023 Earnings Call Transcript

Snap One Holdings Corp. (NASDAQ:SNPO) Q3 2023 Earnings Conference Call November 7, 2023 4:30 PM ET

Company Participants

Eric Steele – Senior Vice President, Finance

John Heyman – Chief Executive Officer

Mike Carlet – Chief Financial Officer

Conference Call Participants

Erik Woodring – Morgan Stanley

Christopher Snyder – UBS

Adam Tindle – Raymond James

Keith Hughes – Truist


Good afternoon, and welcome to Snap One Holdings Corp.’s Fiscal Third Quarter 2023 Earnings Conference Call. [Operator Instructions]

I would now like to turn the call over to Snap-on’s Senior Vice President of Finance, Eric Steele. Sir, please proceed.

Eric Steele

Thank you. Good afternoon, and welcome to Snap One’s fiscal third quarter 2023 earnings conference call. As a reminder, this call is being recorded.

Joining us today from Snap One are John Heyman, CEO; and Mike Carlet, CFO. Before we begin, we would like to remind everyone that our prepared remarks contain forward-looking statements, and management may make additional forward-looking statements in response to your questions including, but not limited to, statements of expectations, future events or future financial performance.

These statements do not guarantee future performance, and therefore, undue reliance should not be placed upon them. Although we believe these expectations are reasonable, we undertake no obligation to revise any statements to reflect changes that occur after this call. Actual events or results could differ materially.

These statements are based on current expectations of the company’s management, and involve inherent risks and uncertainties including those identified in the Risk Factors section of our latest annual report on Form 10-K and our latest quarterly report on Form 10-Q filed with the SEC.

All non-GAAP financial measures referenced in today’s call are reconciled in our earnings release to the most directly comparable GAAP measure. This call also contains time-sensitive information that is

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