American Eagle Outfitters, Inc. (NYSE:AEO) Q1 2023 Earnings Conference Call May 24, 2023 4:30 PM ET
Company Participants
Judy Meehan - Senior Vice President of Corporate Communications & Investor Relations
Jay Schottenstein - Executive Chairman & Chief Executive Officer
Jen Foyle - President & Executive Creative Director, AE & Aerie
Michael Rempell - Chief Operating Officer
Mike Mathias - Chief Financial Officer
Conference Call Participants
Paul Lejuez - Citibank
Jay Sole - UBS
Amanda Douglas - JPMorgan
Adrienne Yih - Barclays
Dana Telsey - Telsey Advisory Group
Jonna Kim - Cowen
Alex Straton - Morgan Stanley
Janet Kloppenburg - JJK Research
Chris Nardone - Bank of America
Marni Shapiro - Retail Tracker
Operator
Greetings, and welcome to the American Eagle Outfitters First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Judy Meehan. Thank you, Ms. Meehan. You may begin.
Judy Meehan
Good afternoon, everyone. Joining me today for our prepared remarks are Jay Schottenstein, Executive Chairman and Chief Executive Officer; Jen Foyle, President, Executive Creative Director for AE and Aerie; Michael Rempell, Chief Operating Officer; and Mike Mathias, Chief Financial Officer.
Before we begin today's call, I need to remind you that we will make certain forward-looking statements. These statements are based upon information that represents the company's current expectations or beliefs. The results actually realized may differ materially based on risk factors included in our SEC filings. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Also, please note that during this call and in the accompanying press release, certain financial metrics are presented on both a GAAP and non-GAAP adjusted basis. 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. Here, you can also find the first quarter investor presentation.
And now, I will turn the call over to Jay.
Jay Schottenstein
Good afternoon. Thanks for joining us today. Entering 2023, we built our plans for the year cautiously, balancing continual optimism for our brands, with the flexibility to navigate uncertainty in the macro environment. Exiting the first quarter, I am pleased to note that this strategy delivered for us. Our team successfully managed through the quarter and achieved results in line with plan.