Cadre Holdings, Inc. (NYSE:CDRE) Q4 2022 Earnings Call Transcript

Brad Williams: Yeah, we want that’s — when you look at our high shares and product categories, they’re typically in for armor and duty gear. They’re typically in the US space and then some other smaller product lines. So, for us, our lower shares and those major categories are outside the US. So, we continue to want to find assets in those regions. Now we’ve also been very selective. We’ve gotten a lot of looks at various assets over the last 12 months to 18 months and, as we look at various companies, we’ve stepped away from quite a few just not liking the makeup and the margin profiles and the fit with us overall. So, they’re out there. We’ll continue to cultivate those and we are, but we’ve got to make sure they’re a good fit for us overall.

Like we felt like radar was as a holster company was definitely in that price point position that we’d like the type of culture that we like, the type of operation that we like, the team you name it and its position well in the marketplace.

Operator: And gentlemen, it appears we have no further questions this afternoon. Mr. Williams. I’ll hand things back to you for any closing comments.

Brad Williams: Okay, thank you, operator. I’d like to thank everyone again for joining us on today’s call and for your continued interest in Cadre. Operator?

Operator: Thank you. Ladies and gentlemen, that will conclude Cadre Holdings Q4 2022 earnings conference call. Thank you all so much for joining us and wish you all a great remainder today. Good bye.