Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Q2 2023 Results Conference Call August 31, 2023 10:00 AM ET

Company Participants

Matt Hodges - Vice President, Investor Relations

Steve Lawrence - Chief Executive Officer

Michael Mullican - President

Carl Ford - Chief Financial Officer

Conference Call Participants

Daniel Imbro - Stephens

Greg Melich - Evercore

Christopher Horvers - JPMorgan

Emily Ghosh - Goldman Sachs

Alex Perry - Bank of America

Anthony Chukumba - Loop Capital

Brian Nagel - Oppenheimer

Michael Lasser - UBS

Seth Basham - Wedbush

Jackie Sussman - Morgan Stanley

Operator

Good morning, ladies and gentlemen, and welcome to the Academy Sports + Outdoors Second Quarter Fiscal 2023 Results Conference Call. At this time, this call is being recorded and all participants are in a listen-only mode. Following the prepared remarks, there will be a brief question-and-answer session. Questions will be limited to analysts and investors. Please limit yourself one question and one follow-up. [Operator Instructions]

I will now turn the call over to Matt Hodges, Vice President of Investor Relations for Academy Sports and Outdoors. Matt, please go ahead.

Matt Hodges

Good morning, everyone, and thank you for joining the Academy Sports & Outdoors' second quarter 2023 financial results call. Participating on the call are Steve Lawrence, Chief Executive Officer; Michael Mullican, President; and Carl Ford, Chief Financial Officer.

As a reminder, statements in today's earnings release and the comments made by management during this call may be considered forward-looking statements. These statements are subject to risks and uncertainties that could cause our actual results to differ materially from our expectations and projections. These risks and uncertainties include, but are not limited to, the factors identified in the earnings release and in our SEC filings. The Company undertakes no obligation to revise any forward-looking statements.

Today's remarks also refer to certain non-GAAP financial measures. Reconciliations to the most comparable GAAP measures are included in today's earnings release, which is available at investors.academy.com.

I will now turn the call over to Steve Lawrence for his remarks. Steve?

Steve Lawrence

Thank you, Matt. Good morning to all and thank you for joining us for our Q2 earnings call. It's been three months since Michael and I stepped into our new roles. Over the past 90 days, we've worked hard to improve our sales trend while our expenses and the current run rate of the business and to backfill some key positions on our leadership team. I'm excited that we're able to fill all of our key roles with internal promotions, which speaks to the work the team has done over the past couple of years on building a strong internal bench and focusing on succession planning.