The Greenbrier Companies, Inc. (NYSE:GBX) Q4 2023 Earnings Conference Call October 25, 2023 11:00 AM ET

Company Participants

Justin Roberts - VP & Treasurer

Lorie Tekorius - President & CEO

Brian Comstock - EVP & Chief Commercial and Leasing Officer

Adrian Downes - SVP & CFO

Conference Call Participants

Justin Long - Stephens

Bascome Majors - Susquehanna

Ken Hoexter - Bank of America

Allison Poliniak - Wells Fargo

Steve Barger - KeyBanc Capital Markets

Matt Elkott - TD Cowen

Operator

Hello, and welcome to The Greenbrier Companies Fourth Quarter of Fiscal 2023 Earnings Conference Call. Following today's presentation, we will conduct a question-and-answer session. Each analyst should limit themselves to only two questions. Until that time, all lines will be in a listen-only mode. At the request of The Greenbrier Companies, this conference call is being recorded for instant replay purposes.

At this time, I would like to turn the conference over to Mr. Justin Roberts, Vice President, and Treasurer. Mr. Roberts, you may begin.

Justin Roberts

Thank you, Sarah. Good morning, everyone, and welcome to our fourth quarter and fiscal 2023 conference call. Today, I'm joined by Lorie Tekorius, Greenbrier's CEO and President; Brian Comstock, Executive Vice President and Chief Commercial and Leasing Officer; and Adrian Downes, Senior Vice President, and CFO.

Following our update on Greenbrier's performance in 2023 and our outlook for fiscal 2024, we will open up the call for questions. In addition to the press release issued this morning, additional financial information and key metrics can be found in a slide presentation posted today on the IR section of our website.

Matters discussed on today's conference call include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Throughout our discussion today, we will describe some of the important factors that could cause Greenbrier's actual results in 2024 and beyond to differ materially from those expressed in any forward-looking statements made by or on behalf of Greenbrier.

And with that I'll hand the call over to Lorie. Good morning.

Lorie Tekorius

Thank you, Justin, and good morning, everyone. It's hard to believe that we're nearly two months into our fiscal 2024, which we entered with significant momentum after a transitional period in 2023. I'm going to underscore several accomplishments beyond our strong financial performance, including record annual revenue. Execution of several key financial targets in 2023 was aided by the multi-year strategy we presented at our inaugural Investor Day in April. Internally, we've named our multi-year strategy Better Together. The plan sets three fundamental priorities.