Howard Lorber | President & Chief Executive Officer |
Nick Anson | President & Chief Executive Officer of Liggett Vector Brands |
Bryant Kirkland | Chief Financial Officer |
Ron Bernstein | Senior Advisor to Liggett Vector Brands |
Karru Martinson | Jefferies |
Pallav Mittal | Barclays |
David Levine | Mid-Ocean Credit Partners |
Welcome to Vector Group Ltd's Fourth Quarter and Full Year 2021 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 accordance with GAAP. Reconciliations to adjusted operating income, adjusted net income, adjusted EBITDA 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.