CODI Q1 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Thu, May 7, 2026 astatine 12:29 PM CDT 33 min read

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DATE

Wednesday, May 6, 2026 astatine 5 p.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — Elias Sabo

• Chief Financial Officer — Stephen Keller

• Vice President, Investor Relations — Ben Avenia-Tapper

Full Conference Call Transcript

Operator: Good afternoon, and invited to Compass Diversified Fiscal 2026 First Quarter Conference Call. Today's telephone is being recorded. [Operator Instructions] At this time, I would similar to crook the telephone implicit to Ben Tapper, Vice President, Investor Relations. Ben, delight spell ahead.

Ben Avenia-Tapper: Thank you, and invited to Compass Diversified's First Quarter 2026 Conference Call. Representing the institution contiguous are Elias Sabo, CODI's Chief Executive Officer; and Stephen Keller, CODI's Chief Financial Officer. Before we begin, I'd similar to punctual everyone that during the people of this call, CODI volition marque definite forward-looking statements, including discussions of forecasts and targets, aboriginal concern plans, aboriginal show of CODI and its subsidiaries, and different forward-looking statements regarding CODI and its fiscal results. Words specified arsenic believes, expects, anticipates, plans, projects, should and future, oregon akin expressions, are intended to place forward-looking statements. These forward-looking statements are taxable to galore risks and uncertainties successful predicting aboriginal results and conditions.

Certain factors could origin existent results to disagree connected a worldly ground from those projected successful these forward-looking statements. And immoderate of these factors are enumerated successful the hazard origin treatment successful the company's Form 10-K arsenic filed with the SEC connected February 27, 2026, arsenic good arsenic successful different SEC filings and property releases. Except arsenic required by law, CODI undertakes nary work to publically update oregon revise immoderate forward-looking statements, whether due to the fact that of caller information, aboriginal events oregon otherwise. During the call, we volition notation to definite non-GAAP fiscal measures.

The Q1 2026 property release, including the fiscal tables and non-GAAP fiscal measurement reconciliations for adjusted EBITDA, subsidiary adjusted EBITDA, pro forma nett income and fiscal results excluding Lugano, are disposable astatine the Investor Relations conception connected the company's website astatine www.compassdiversified.com. Please enactment that references to EBITDA successful the pursuing discussions notation to adjusted EBITDA arsenic reconciled to nett income oregon nonaccomplishment from continuing operations successful CODI's property merchandise and SEC filings. The institution does not supply a reconciliation of its afloat twelvemonth expected 2026 subsidiary adjusted EBITDA due to the fact that definite important reconciling accusation is not disposable without unreasonable efforts. Throughout this call, we volition notation to Compass Diversified arsenic CODI oregon the company.