American Eagle Outfitters, Inc. (AEO) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Today we are hosting an extended earnings call to discuss our fourth quarter and fiscal 2023 financial results, as well as our new powering profitable growth strategy and three-year financial targets. The call will include prepared remarks from Jay Schottenstein, Executive Chairman and Chief Executive Officer, Jen Foyle, President, Executive Creative Director for AE and Aerie, and Mike Mathias, Chief Financial Officer. This will be followed by a question and answer session. We expect to conclude the call at approximately 1 o'clock. Before we begin, I would like to refer you to our Safe Harbor Statement and additional disclosures around non-GAAP results posted on screen. Reconciliations of adjusted results to the GAAP results are available in the tables attached to the earnings release, which is posted on our corporate website at www.aeo-inc.com in the investor relations section. Following today's call, this is also where you will find a replay and our fourth quarter investor and powering profitable growth strategy presentations. Now I will turn the call over to Jay to kick it off with a quick review of key highlights of our fourth quarter and fiscal 2023 results. Jay? Good morning. Thanks for joining us. Earlier today, we unveiled our new long-term strategy and financial roadmap. Our focus is simple, powering profitable growth. We are excited to share the details of our plan with you. But first, let me begin with a quick overview of last year. I'll start with a huge thanks to our teams for the perseverance and commitment throughout 2023. I'm especially proud of the strength we delivered in the second half of the year, as we began to implement actions from our profit improvement project. Building on momentum in the third quarter, we achieved re...