Bath & Body Works, Inc. (NYSE:BBWI) Q4 2023 Earnings Conference Call February 29, 2024 9:00 AM ET
Company Participants
Mike McGuire - Interim Head of IR
Gina Boswell - CEO
Eva Boratto - CFO
Julie Rosen - President, Retail
Conference Call Participants
Lorraine Hutchinson - Bank of America
Kate McShane - Goldman Sachs
Dana Telsey - Telsey Advisory Group
Simeon Siegel - BMO Capital Markets
Alex Straton - Morgan Stanley
Matthew Boss - JPMorgan
Olivia Tong - Raymond James
Paul Lejuez - Citi
Adrienne Yih - Barclays
Operator
Good morning. My name is Paul and I will be your conference operator today. At this time, I would like to welcome everyone to the Bath & Body Works Fourth Quarter 2023 Earnings Conference Call. Please be advised that today’s conference is being recorded. [Operator Instructions]
I will now turn the call over to Mike McGuire, Interim Head of Investor Relations. Mike, you may begin.
Mike McGuire
Thank you, Paul. Good morning, and welcome to Bath & Body Works fourth quarter 2023 earnings conference call.
Joining me on the call today are Gina Boswell, Chief Executive Officer; Julie Rosen, President Retail; and Eva Boratto, Chief Financial Officer.
In addition to this call in this morning's press release, we have posted a slide presentation on our website that summarizes the information in our prepared remarks, as well as some additional facts and figures regarding our operating performance and guidance. Today's call may contain forward-looking statements related to future events and expectations. Please refer to this morning's press release and the risk factors in Bath & Body Works 2022 Form 10-K for factors that could cause the actual results to differ materially from these forward-looking statements.
Today's call contains certain non-GAAP financial measures. Please refer to this morning's press release and supplemental materials for important disclosures regarding such measures, including reconciliations to the most comparable GAAP financial measure. Additionally, the fourth quarter and full year 2023 earnings results we shared today are on a continuing operations basis.
I'll now turn the call over to Gina.
Gina Boswell
Thank you, Mike, and good morning, everyone. Thank you for joining us today.
Before we begin, I want to thank our outstanding teams, especially our store and distribution center associates. They do a terrific job delivering a great experience to our customers and executing on our strategic initiatives.
Our fourth quarter performance is a great example of just that, as we ended the year strongly, generating sales and earnings that both exceeded our expectations. It's been just over a year since I joined Bath & Body Works as CEO, and the team has made significant progress in delivering against the five key growth drivers I outlined at the beginning of 2023. While we've been pleased with the headway we've made, I know that we have more work ahead of us.