Bath & Body Works, Inc. (NYSE:BBWI) Q1 2024 Earnings Conference Call June 4, 2024 9:00 AM ET
Company Participants
Mike McGuire - Interim Head of Investor Relations
Gina Boswell - Chief Executive Officer
Julie Rosen - President, Retail
Eva Boratto - Chief Financial Officer
Conference Call Participants
Simeon Siegel - BMO Capital Markets
Alex Straton - Morgan Stanley
Amanda Douglas - JPMorgan
Lorraine Hutchinson - Bank of America
Kate McShane - Goldman Sachs
Ike Boruchow - Wells Fargo
Olivia Tong - Raymond James
Dana Telsey - Telsey Advisory Group
Jonna Kim - TD Cowen
Korinne Wolfmeyer - Piper Sandler
Operator
Good morning. My name is Donna, and I will be your conference operator today. At this time, I would like to welcome everyone to the Bath & Body Works First Quarter 2024 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
Good morning, and welcome to Bath & Body Works' first quarter 2024 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 and this morning's press release, we have posted a slide presentation on our website that summarizes the information in these prepared remarks in addition to providing some related facts and figures regarding our operating performance and guidance.
Today's call may contain certain forward-looking statements related to future events and expectations. For factors that could cause the actual results to differ materially from these forward-looking statements, please refer to this morning's press release as well as the risk factors in Bath & Body Works' 2023 Form 10-K and our quarterly report on Form 10-Q, which will be filed at the end of today.
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.
As you know, fiscal 2023 was a 53 week year. To provide the best sense of the health of the business, all category sales results, market share data, loyalty metrics and selling metrics discussed during the call are on a comparable calendar basis, which is 13 weeks ended May 4, 2024 versus the 13 weeks ended May 6, 2023. All other results discussed are on a reported basis, which is the 13 weeks ended May 4, 2024 versus the 13 weeks ended April 29, 2023.