Lands' End, Inc. (NASDAQ:LE) Q4 2022 Earnings Conference Call March 15, 2023 8:30 AM ET
Company Participants
Andrew McLean - CEO
Bernie McCracken - Interim CFO
Conference Call Participants
Alex Fuhrman - Craig-Hallum Capital Group
Dana Telsey - Telsey Advisory Group
Operator
Good day, and welcome to Lands' End's Fourth Quarter and Full-Year Fiscal 2022 Results Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there’ll be a question-and-answer session, and instructions will be given at that time. As a reminder, this call may be recorded.
I would now like to turn the call over to Bernie McCracken, Interim Chief Financial Officer. You may begin.
Bernie McCracken
Good morning, and thank you for joining the Lands' End earnings call for a discussion of our fourth quarter and full-year fiscal 2022 results, which we released this morning and can be found on our website, Lands’ End.com. I’m Bernie McCracken, Interim Chief Financial, and I’m pleased to join you today with Andrew McLean, our Chief Executive Officer. After the prepared remarks, we will conduct a question-and-answer session.
Please also note that the information we are about to discuss includes forward-looking statements. Such statements involve risks and uncertainties. The Company's actual results could differ materially from those discussed on this call. Factors that could contribute to such differences include, but are not limited to, those items noted and included in the Company's SEC filings including our annual report on Form 10-K and quarterly reports on Form 10-Q. The forward-looking information that is provided by the Company on this call, represents the Company's outlook as of today, and we do not undertake any obligation to update forward-looking statements made by us. Subsequent events and developments may cause the Company's outlook to change. During this call, we’ll be referring to non-GAAP measures. These non-GAAP measures are not prepared in accordance with generally accepted accounting principles. A reconciliation of non-GAAP financial measures to the most directly comparable GAAP measures can be found in our earnings release issued earlier today, a copy of which is posted in the Investor Relations section of our website at Lands’ End.com.
With that, I will turn the call over to Andrew.
Andrew McLean
Thank you, Bernie. Good morning, and thank you for joining us today. On today's call, we'll discuss Lands’ End's fourth quarter and full-year 2022 results. We'll also discuss our strategy and the work we're doing to ensure Lands’ End effectively serves all of our stakeholders in the years ahead. I'll begin by saying just how excited I am to have joined Lands’ End and for the opportunity to lead this iconic American brand. Lands’ End has a fantastic 60-year history, and thanks to the hard work of our talented and dedicated team with a strong platform for continued growth and profitability. We'll speak to our performance in the fourth quarter in a moment, but as this is my first earnings call addressing you as CEO, I want to provide my perspective on the business and how we plan to build on all the progress made by Jerome Griffith and the entire Lands’ End team over the past several years. At our core, Lands’ End is in the business of providing products that solve life’s issues. We deliver consumers the high quality products they're looking for, for themselves and their families. We plan to continue focusing on our successful franchises and product strengths, while driving innovation across the enterprise, and as always, placing the customer at the center of our decisions. The leadership team and I have spent the last few months refining our strategy, thinking about how we can best leverage our strengths to execute, and I'm pleased to share some more details today. To be clear, the evolution of our strategic value drivers, builds on a strong foundation from which to drive enhanced growth and profitability, and we will prioritize execution and innovation to position Lands’ End for long-term success.