GigaCloud Technology Inc

Good day, everyone, and welcome to GigaCloud Technologies' first quarter 2026 earnings conference call. Joining us today are GigaCloud's founder and chief executive officer, Larry Wu, its president, Iman Shrak, and its chief financial officer, Erica Wei. Larry will provide opening remarks, Iman will discuss the company's operation progress, and Erica will review financial results. After that, we will open the call to questions. As a reminder, this conference call contains statements about future events and expectations that are forward-looking in nature, and actual results may differ materially. Additionally, today's call will include a discussion of non-GAAP measures within meaning of SEC Regulation G. When required, a reconciliation of all non-GAAP financial measures to the most direct comparable financial measures calculated and presented in accordance with GAAP can be found in the press release issued today by GigaCloud, which is posted on the company's website. Now, I will turn the call over to Larry. Please go ahead.

Thank you, operator, and hello, everyone.

Our first quarter results highlight the resilience of our business model and the effectiveness of our strategy. During the quarter, industry conditions remain under pressure with the U.S. furniture industry estimated to be down single digit year over year. While the U.S. remains a critically important market for us, our performance reflects the power of diversification. Driven by the disciplined execution across multiple fronts, we delivered more than 30% year-over-year revenue growth and more than 50% EPS growth, proof of a sound strategy and consistent, disciplined execution, all guided by a long-term view of where we're headed. The long-term view is our compass, and it keeps us focused on what works, building multiple growth vectors while staying agile and responsive as the conditions evolve. That approach continues to deliver across both what's driving us now and what we are building for the future. And the future we're building is clear. A truly channel-agnostic marketplace that serves every corner of the big and bulky industry, whether online or offline, domestic or international. spanning categories and borders, wherever our customers choose to do business. Europe continues to be a powerful proof point, delivering growth today and demonstrating our model scales. What works here works abroad. Our success in Europe is a strong validation of our strategy, reflecting the value of long-term strategic positioning thoughtful investment, and the ability to effectively localize. At the same time, we're building for the future. The acquisition of new classics as a new and promising growth vector to our platform. While integration is on track and the new classics have already deepened our capabilities by broadening our offering, its full contribution lies ahead. we're approaching it deliberately confident that with time and the discipline execution these new capabilities position us to better serve more corners of the industry in the long run we remain optimistic about the future our strategy is clear our platform is stronger than ever our team is executing with the discipline speed and purpose that optimism comes from knowing exactly where we're headed and we're building towards that goal every day through organic expansion and the strategic M&A, creating a stronger, more diversified ecosystem without losing agility. Now I will turn the call to Iman for discussion of our ongoing operational progress.