Howard Lorber | President and CEO |
Richard Lampen | COO |
Nick Anson | President and COO, Liggett Vector Brands |
Bryant Kirkland | CFO |
Ron Bernstein | Senior Advisor, Liggett Vector Brands |
Ian Zaffino | Oppenheimer & Co. |
Karru Martinson | Jefferies |
Welcome to Vector Group Ltd's Second Quarter 2022 Earnings Conference Call.
During this call, the terms adjusted operating income, adjusted net income, adjusted EBITDA and tobacco adjusted operating income will be used. These terms are non-GAAP financial measures and should be considered in addition to, but not as a substitute for, other measures of financial performance prepared in the accordance with GAAP. Reconciliations to adjusted operating income, adjusted net income, adjusted EBITDA from continuing operations and tobacco adjusted operating income are contained in the company's earnings release, which has been posted to the Investor Relations section of the company's website located at www.vectorgroupltd.com.
Before the call begins, I would like to read a Safe Harbor statement.