Helen of Troy Limited

Greetings. Welcome to the Helen of Troy Third Quarter Fiscal 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during today's conference, please press star zero from your telephone keypad. As a reminder, this conference is being recorded. I'll now turn the conference over to Jack Jansen, Senior Vice President of Corporate Business Development. Mr. Jansen, you may now begin your presentation.

Thank you, operator. Good morning, everyone, and welcome to Helena Troy's third quarter fiscal 2024 earnings conference call. The agenda for the call this morning is as follows. I'll begin with a brief discussion of forward-looking statements. Mr. Julian Minnenberg, the company's CEO, and Ms. Noelle Shafwa, the company's COO, will comment on financial performance of the quarter and current trends. Then, Mr. Brian Grass, the company's CFO, We'll review the financials in more detail and our financial outlook for the remainder of the fiscal 2024. Following this, we will take questions you have for us today. This conference call may contain certain forward-looking statements that are based on management's current expectation with respect to future events or financial performance. Generally, the words anticipates, believes, expects, and other words similar are words identifying forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties that could cause anticipated results to differ materially from the actual results. This conference call may also include information that may be considered non-GAAP financial information. These non-GAAP measures are not an alternative to GAAP financial information and may be calculated differently than the non-GAAP financial information disclosed by other parties. The company costs its listeners not to place undue reliance on forward-looking statements or non-GAAP information. Before I turn the call over to Mr. Mindenberg, I would like to inform all interested parties that a copy of today's earnings release has been posted to the investor relations section of the company's website at www.HelenofTroy.com. The earnings release contains tables that reconcile non-GAAP financial measures to their corresponding GAAP-based measures. The release can be obtained by selecting the investor relations tab on the company's homepage and then the press releases tab. I will now turn the call over to Mr. Mindenberg. Thank you, Jack.

Good morning, everyone, and thank you for joining us. This morning, we reported results that came in slightly above our expectations. I am pleased with the recent consistency of our results and believe we are on track to achieve our full-year financial objectives. For the past several quarters, our organization has made significant progress across the initiatives we announced at the beginning of fiscal 24, as well as the comprehensive workstreams we have been executing under Pegasus. This outstanding work has helped enable our results in fiscal 24 and helped set us up for future growth. Today marks my last earnings call with you as CEO of Helen of Troy. As previously announced, after 10 years in my current role, 20 years in C-level roles, and 34 years in the global consumer products industry, I will be retiring on March 1st, and Noël Geoffroy will become only the third CEO since the company's founding in 1968. Noel is an outstanding leader. In addition to her work as COO, she has been working very closely with our global leadership team and the rest of our organization to develop and implement the Elevate for Growth strategy detailed in our Investor Day last October. As I look back on the past decade, leading the company's transformation has been an honor. I am very proud of what we have achieved. When I became CEO in 2014, we challenged ourselves to increase sales of Helen of Troy by 50%, and we asked ourselves what it would take to double adjusted earnings per share. We far exceeded those goals, not only on the business results, but also by significantly strengthening our brand portfolio through strategic acquisition and divestiture, and further building our existing brands into consumer preferred solutions that are trusted, purchased, used, and adored. We also established a set of highly capable global shared services that drive efficiency and effectiveness. Our relentless focus over the past decade has been on executing the transformation with excellence, creating and delivering countless innovations designed each to delight consumers and continuously improving our capabilities as a unified global operating company. I am most proud of the powerful culture we created It helps make the company an employer of choice. From all corners of Helen of Troy, our global associates work every single day to do together what none can do alone. We take enormous pleasure in serving millions of consumers and retailers around the world. I would like to thank our people for their enduring passion, engagement, and ownership mindset. I am inspired by their never ending devotion to drive the company, its brands, and its timeless values. They are the secret sauce of Helen of Troy. Before I turn the call over to Noel, I would like to leave you with one more thought. I remain confident that the best is still to come. Noel is the right next CEO. The Elevate for Growth strategy has just the right balance of newness and continuity, and the organization is fully committed to delivering its stretching yet achievable goals. To close, I would like to thank you, our investors and analysts. I have enjoyed getting to know so many of you throughout my tenure. I learned from you, and I worked hard to use your input to make myself and our company significantly stronger and better. With that, on to Noelle.