Signet Jewelers Limited (NYSE:SIG) Q1 2024 Earnings Conference Call June 8, 2023 8:30 AM ET
Company Participants
Rob Ballew - Senior Vice President, Investor Relations
Gina Drosos - Chief Executive Officer
Joan Hilson - Chief Financial, Strategy and Services Officer
Conference Call Participants
Ike Boruchow - Wells Fargo
Lorraine Hutchinson - Bank of America Merrill Lynch
Paul Lejuez - Citi
Mauricio Serna - UBS
Jim Sanderson - Northcoast Research
Dana Telsey - Telsey Advisory Group
Operator
Hello everyone, and welcome to the Signet Jewelers' Q1 Earnings Call. My name is Emily and I'll be coordinating your call today. [Operator Instructions]
I will now turn the call over to our host Rob Ballew. Please go ahead.
Rob Ballew
Good morning. Welcome to Signet Jewelers’ first quarter earnings conference call. On the call today are Signet’s CEO, Gina Drosos; and Chief Financial, Strategy and Services Officer, Joan Hilson.
During today’s presentation, we will make certain forward-looking statements. Any statements that are not historical facts are subject to a number of risks and uncertainties. Actual results may differ materially. We urge you to read the risk factors, cautionary language, and other disclosure in our annual report on Form 10-K, quarterly reports on Form 10-Q, and current report on Form 8-K. Except as required by law, we undertake no obligation to revise or publicly update forward-looking statements in-light of new information or future events.
During the call, we will discuss certain non-GAAP financial measures. For further discussion of the non-GAAP financial measures, as well as reconciliations of the non-GAAP financial measures to the most directly comparable GAAP measures, investors should review the news release we posted on our website at www.signetjewelers.com/investors.
With that, I’ll turn the call over to Gina.
Gina Drosos
Thank you, Rob. We're happy to have you joining your first Signet earnings call today and appreciate the extensive experience you bring. And thanks to all of you for joining us today. Before getting into our prepared remarks, I want to thank our Signet team. Our company continues to be recognized as a great place to work because of the outstanding people we work alongside. In a pressured quarter, we delivered on our commitments, thanks to their agility and excellent customer service. I'm proud to lead this team.
There are three key messages, I'd like to reinforce in my remarks today. First, we achieved our revenue and bottom line commitments in Q1, despite macroeconomic headwinds that worsened late in the quarter. Additionally, as we predicted, there were fewer engagements in the quarter resulting from COVID's disruption of [dating three] [ph] years ago.