Good afternoon. Thank you for attending today's Vintage Wine Estates First Quarter Fiscal Year 2024 Financial Results. My name is Hannah, and I will be your moderator for today's call. All lines will be muted during the presentation portion of the call, with an opportunity for questions and answers at the end. If you would like to ask a question, please press star one. I would now like to pass the conference over to our host, Deborah Pawlowski, investor relations with Vintage Wine Estates. You may go ahead. Thanks, Hannah, and good afternoon, everyone. We certainly appreciate your time today and your interest in Vintage Wine Estates. On the call with me are Seth Kaufman, our new President and CEO, who just recently joined the company on October 30. Also with us is Kris Johnston, our CFO. You should have a copy of our earnings release that went out after market close today. The slide deck that will accompany our conversation was also distributed after market. If you do not have these materials, you can find them on our website at ir.vintagewineestates.com. Seth is going to begin with his 100-day plan priorities and an overview of our progress. Then Kris will review financial results, after which Seth will wrap up. We will then open the call for questions. If you would turn to slide two of the quarterly deck, you will find our safe harbor statement on forward-looking statements. As you know, we will make forward-looking statements during this presentation and the Q&A session. These statements apply to future events that are subject to risks and uncertainties, as well as other factors that could cause actual results to differ materially from what we say here today. These risks and uncertainties and other factors were provided in the company's SEC filings that you can find on our website or at sec.gov. Forward-looking statements are made as of the date hereof, and the company undertakes no obligation to update or revise any forward-looking statements, except as may be required by law. I will also point out that during today's call, we will discuss some non-GAAP financial measures as well as key performance indicators, which we believe are useful in evaluating our performance. On slide 14 of the quarterly deck, you will find discussion on non-GAAP financial measures and key performance indicators. You should not consider the presentation of this non-GAAP information in isolation or as a substitute for results prepared in accordance with GAAP. We have provided reconciliations of comparable GAAP with non-GAAP measures in the tables that accompany today's slides and release. In addition, we use case volume as a key performance indicator to gauge performance and inform our strategy and tactics. So with that, if you would turn to slide three, I will turn it over to Seth to begin. Seth? Thanks so much, Deb, and good afternoon, everyone. With just over two weeks in role, I'm very happy to be talking with you today. Before I jump in, though, I'd like to thank Jon Moramarco for his time as interim CEO and the great work and leadership to establish the critical Five-Point Plan for this transition year. This plan is an essential component of our turnaround, and I truly appreciate the groundwork and progress already being made here. I came to Vintage Wine Estates because I very strongly believe in the future opportunity for this company. VWE has spent the better part of calendar year 2023 working to overcome the distressed position it found itself in after a very challenging 2022. Challenges were varied, from increasing macro headwinds to the need to significantly improve internal controls and processes, to the leverage on the balance sheet that stemmed from the years of active acquisition, to many other things in between. Nevertheless, I came here because of the future we can create for VWE. I believe the underlying business is sound on the balance sheet that stemmed from the years of active acquisition to many other things in between. Nevertheless, I came here because of the future we can create for VWE. I believe the underlying business is sound. The team... To support our efforts in the critical delivery of our Five-Point Plan during this transition year. This priority is essential, and I believe the Five-Point Plan will allow us to materially improve profitability and cash flow. Concurrently, my second priority will be spending the necessary time, energy, and effort to get to know the team and the business in depth. I will also be interfacing with all stakeholders to get this thorough grounding, including with you, our investors and analysts. I believe through questioning and listening, I can better understand what can differentiate us and what hasn't worked. This will inform our process as we reimagine our future. Finally, I will be working with our team to kick off a, excuse me, foundational piece of strategic work to design our future. We expect the output of this robust strategic planning process to be a comprehensive vision and strategy for defining and addressing our market potential, as well as the go-forward plan to drive execution and create long-term value. This plan will be both data and people informed. We will look both internally and externally to understand how to best prioritize future growth drivers, how to leverage and build capabilities, how to optimize cost, and importantly, how to secure a solid marketplace advantage into the future. I look forward to coming back to you with this output after the work. Now, if you will turn to slide four, I will hit on some critical points and early observations. VWE is in a turnaround situation that truly has great upside potential. We are beginning to demonstrate progress against the immediate intervention plan put in place for the Five-Point Plan, which we will continue to execute against as we work on our longer-term strategy. The Five-Point Plan is intended to continue driving the relevant action for stabilizing the business. This includes simplification, productivity, prioritizing our key brands, and of course, building the right team. I believe it is clear we have room for growth. For example, I know from experience that significantly improving our consumer centricity will help us drive better awareness and desirability of our brands, leading to increased pull, and importantly, the potential for stronger pricing power, which I believe will translate to the company. There are several structural opportunities we can work on around team alignment, information systems, and of course, continuing to step up our discipline around processes. I can also tell you there will be a materially dialed-up sense of urgency across our business and teams. You will see a determined focus on VWE making the necessary change quickly through this transition year and of course, beyond. We will hold ourselves accountable for both turning the business around and defining the right long-term direction for the enterprise to create the most value for shareholders. On slide 5 are the priorities of our Five-Point Plan, which you've seen before. We believe this is a solid interim intervention plan for stabilizing the business and transitioning into a more profitable, cash-generating enterprise. We intend to rely on the Five-Point Plan through this transition year as we simultaneously reimagine our future. Given where we are today and the significant work remaining to turn the business around while building for the future, we are withdrawing guidance for fiscal 2024. I feel it is of paramount importance for us to further advance our efforts, solidify our processes, and develop a long-term plan to deliver the most value for our shareholders. I have confidence in our ability to deliver, but believe we need to reimagine our potential and uncover our future opportunity during this transition year, all in service of building a more substantial and sustainable growth enterprise. Kris, I'll turn it over to you. Thanks, Seth. I will begin my review on slide six. Revenue for the quarter was down $4.8 million, or about 6%. Strength in our B2B business helped to offset the decline in sales in D2C and wholesale. D2C was down about 10% or $2 million, primarily driven by weakness in digital marketing sales and the impact of the sale of the Sommelier Company, offset by improvements in tasting rooms and wine clubs. Encouragingly, the price improvements we put in place earlier in 2023 are being realized with improving margins. Wholesale was down 20% in the quarter to $19 million. The largest impact came from the House of the Dragon program timing that benefited the comparator period. We don't expect that to resume until late spring, early summer of 2024. Also, we saw slowing in sales of a brand that is managed externally as well as with international sales, and had the impacts of lower volume due to our SKU rationalization efforts. Ace Cider was down 29,000 cases or 9%. We were up against a tough comp this quarter, as last year's first quarter was quite strong due to making up shipments as ACE was out-of-stock in the previous couple of quarters. Note that we did capture price with this brand as revenue dollars were relatively unchanged. These declines were somewhat offset by strong performance of our key core brands, including Bar Dog, Cherry Pie, Firesteed, and Kunde. Case volumes for these brands were up 14%. I should point out that when looking at margin for the wholesale segment, a little over half of the $4 million in restructuring charges in the quarter, or $2.3 million, was related to the wholesale business. B2B revenue was up approximately 6% to $36.1 million. This was largely attributable to a large private label wine shipment. This program is expected to slow quarter by quarter through the year as product is shipped lump sum. This more than offset a $4.4 million reduction of bulk distilled spirit sales. Let's turn to slide seven. Gross profit declined $4.8 million compared with the prior year period. Gross margin was down 410 basis points. We did see improvement sequentially as pricing, higher productivity, and efficiencies resulting from the five-point plan are realized. Compared with the trailing fourth quarter, gross margin improved 690 basis points. We expect to continue to see improvement in gross margin as we advance through this transition year. Two elements of our Five-Point Plan are on margin expansion and generating cash. Turning to slide eight, SG&A declined $2.7 million, or nearly 9%, compared with last year's first quarter. This was despite $1 million in elevated legal and audit fees related to the year-end audit and extended filing deadlines. Stock compensation expense was down $2.2 million, and last year's first quarter included $2.3 million in costs related to historic acquisitions. On slide nine is operating a net loss for the quarter as well as Adjusted EBITDA. Loss from operations of $10 million includes the impact of $4 million in restructuring costs that were somewhat offset by the $0.8 million gain from the sale of the Tamarack building in July. As I mentioned earlier, approximately $2.3 million of the restructuring costs were in the wholesale segment, with the remaining restructuring impacting other corporate areas. Net loss attributable to common stockholders was $15 million, reflecting the impact of $5 million in interest expense. Interest expense was up $1.5 million on higher rates. Adjusted EBITDA was approximately $0.45 million in the quarter, while down $5.3 million compared with a year ago. Encouragingly, it is up from the adjusted EBITDA losses realized the last two quarters of fiscal 2023 as we work to simplify the business and reduce SKUs. Turning to slide 10, we can discuss our liquidity and capitalization. We believe we have sufficient liquidity to execute on our plan for this transition year as we work to improve cash generation throughout the year. More of our actions to drive margin improvement will flush through as we progress. We expect that will position us for delivering on the envisaged, renewed focus, strategy, and go-forward plan as we enter fiscal 2025. We are all looking forward to working to develop this vision under Seth's leadership, given his extensive experience and consumer focus in building enterprises that drive profitable growth. Our amended credit agreement provides us greater flexibility in regards to covenants such that we were in compliance at the end of the quarter. Certain covenants, such as minimum EBITDA, are required and builds through the year. But I should also point out that the calculation of EBITDA under the lending agreement is not the same as what we report. The lending agreement includes additional add backs. It also requires a sweep of our cash account, so cash balances will remain below $20 million. We are working with an advisor regarding the monetization of assets to provide cash for the incremental principal payments required and to avoid higher interest rates. This partner's defined objective is to bring qualified parties to the table to look at the various allowed assets per our credit agreement that we can monetize. We are also carefully managing our capital expenditures to preserve cash and have reduced our expectation for the year to a range of $8 million-$10 million. We are focused on investments that are revenue generating, add efficiencies, and that are required for compliance purposes. I thought it worthwhile to provide some background on the shareholder proposal regarding the reverse stock split. Our focus is on executing our plan, reducing costs, and generating cash to pay down debt. We are also, as Seth mentioned, developing our long-term strategy. We would like to believe the capital markets will recognize the progress and improvements, and we would return to being compliant with NASDAQ's minimum bid requirement of $1. The board and management believe we need to be ready with a risk mitigation tool to regain compliance, if absolutely necessary, in order to maintain our NASDAQ listing. The proposal requires shareholder approval and does not imply that a reverse stock split is imminent. More information on a reverse stock split, including any anticipated effects and risks related thereto, can be found in our definitive proxy filed in connection with our upcoming stockholders meeting. If you will turn to slide 11, I will turn it back to Seth. Thanks, Kris. I'm really excited about the work ahead. While there's much to be done, we believe we have a solid foundation from which we can build a stronger, more dynamic, and profitable business. From our brands to our heritage wineries, to each of our teams and every team member, we have a great starting point. I already see that we are energized and focused, and I believe that with the right leadership and right direction for the enterprise, this passionate team can most certainly drive significant long-term value. I know this has been a long haul for many of you, but I hope you can sense our excitement for what is yet to be. With that, we can open the line for questions. If you would like to ask a question, please press star, followed by one on your telephone keypad. If for any reason you would like to remove that question, please press star followed by two. Again, to ask a question, press star one. As a reminder, if you are using a speakerphone, please remember to pick up your handset before asking your question. We will pause here briefly as questions are registered. There are no questions waiting at this time, so I will turn the call over to Seth Kaufman for any closing remarks. Thanks so much, and thank you everyone for joining us today. We really appreciate your interest in Vintage Wine Estates and look forward to continuing to keep you updated on our progress as we advance through this transition year and create our vision and plans for our future. Please feel free to reach out to our investor relations team with any follow-up questions you may have. As I mentioned in my formal remarks, my deep dive into the business includes important interactions across all stakeholders, including our investors and analysts. We will be scheduling introductory calls later in December, so if you're interested in meeting with me, please let Deb know. Thanks so much, and I hope you have a great rest of your day. That concludes today's Vintage Wine Estates first quarter fiscal year 2024 financial results call. Thank you for your participation. You may now disconnect your lines.