Children's Place, Inc. (The) (PLCE) Q4 2021 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the Children's Place Fourth Quarter and Fiscal Full Year 2021 Earnings Conference Call. On the call today are Jane Elfers, President and Chief Executive Officer, and Rob Helm, Chief Financial Officer. At this time, all participants are in a listen-only mode. After the prepared remarks, we will open the call up to your questions. We ask that each of you limit yourself to one question so that everyone will have an opportunity. As a reminder, this call is being recorded. The Children's Place issued its fourth quarter and fiscal full year 2021 earnings press release earlier this morning. A copy of the release and presentation materials for today's call have been posted to the investor relations section of the company's website. Before we begin, I would like to remind everyone that any forward-looking statements made today are subject to the safe harbor statements found in this morning's press release, as well as in the company's SEC filings. including the risk factors section of the company's annual report on Form 10-K for its most recent fiscal year. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially. The company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof. It is now my pleasure to turn the call over to Jane Elvers. Thank you and good morning, everyone. We delivered another outstanding quarter with growth margin, operating margin, and EPS all at record levels. Since the onset of the pandemic, our accelerated structural reset to a digital-first company has delivered impressive results. We delivered a 15.1% adjusted operating margin in 2021 versus 6% in 2019. we delivered ...