The Beauty Health Company (NASDAQ:SKIN) Q4 2023 Earnings Conference Call March 12, 2024 4:30 PM ET

Company Participants

Norberto Aja - Investor Relations

Marla Beck - Chief Executive Officer

Michael Monahan - Chief Financial Officer

Conference Call Participants

Olivia Tong - Raymond James

Allen Gong - JPMorgan

Alec Legg - Canaccord Genuity

Jon Block - Stifel

Korinne Wolfmeyer - Piper Sandler

Ashley Helgans - Jefferies

Operator

Good afternoon and welcome to The Beauty Health Company's Fourth Quarter and Full Year 2023 Conference Call. [Operator Instructions] Please also note this event is being recorded.

And I'd like to turn the floor over to Norberto Aja, Investor Relations. Please go ahead.

Norberto Aja

Thank you, operator and good afternoon, everyone. Thank you for joining us today to discuss The Beauty Health Company's fourth quarter and full year 2023 financial results which were released earlier this afternoon and can be found on our website at beautyhealth.com. Joining us on the call today are BeautyHealth's Chief Executive Officer, Marla Beck; along with Chief Financial Officer, Mike Monahan.

Before we begin, I would like to remind you of the company's Safe Harbor language. Management may make forward-looking statements, including guidance and underlying assumptions. Forward-looking statements are based on expectations that involve risks and uncertainties that could cause actual results to differ materially. Listeners are cautioned not to place undue reliance on any forward-looking statements. For a further discussion of risks related to our business, please see the company's filings with the SEC. This call will present non-GAAP financial measures. Reconciliation of these non-GAAP financial measures to the most comparable GAAP measures are in the earnings press release furnished to the SEC and available on our website. Following management's prepared remarks, we will open the call for a question-and-answer session.

With that, I would now like to turn the call over to BeautyHealth's CEO, Marla Beck. Please go ahead, Marla.

Marla Beck

Thank you, Norberto and thank you, everyone, for joining us on the call today. I want to start by thanking our Board of Directors for their trust and support as I formally take on the role of CEO of BeautyHealth. I'm excited about the opportunity and I'm confident about the future of the company.

I joined BeautyHealth's Board of Directors in 2022 because I saw a much loved brand in an underpenetrated market, the space where beauty meets aesthetics. I built my career in this space and brings significant experience in sales, operations and new product development to the role. I founded Bluemercury in 1999 as a specialty beauty retailer featuring a selection of curated products alongside in-store aesthetic treatments. It is a common format today but it was novel when we started. We grew Bluemercury to nearly 200 stores with 2 private label skin care brands, a healthy e-commerce business and strong loyalty penetration before a strategic sale to Macy's in 2015.