PriceSmart, Inc.

Good afternoon, everyone, and welcome to Price Smarts, Inc.' 's earnings release conference call for the third quarter of the fiscal year 2024, which ended on May 31st, 2024. After remarks from our company's representatives, Robert Price, intern chief executive officer, and Michael McCleary, chief executive Financial Officer, you will be given an opportunity to ask questions as time permits. As a reminder, this conference call is limited to one hour and is being recorded today, Thursday, July 11th, 2024. A digital replay will be available following the conclusion of today's conference call through July 18th, 2024 by dialing 1-888-660-6264 for domestic callers, or 1-646-517-3975 for international callers, and by entering the replay access code 97656-POUND. For opening remarks, I would like to turn the call over to PriceSmart's Chief Financial Officer, Michael McCleary. Please, Michael.

Thank you, Operator. and welcome to PriceMart Inc.' 's earnings call for the third quarter of fiscal year 2024, which ended on May 31, 2024. We will be discussing the information that we provided in our earnings press release and our 10-Q, which were both released yesterday afternoon, July 10, 2024. Also in these remarks, we refer to non-GAAP financial measures. You can find a reconciliation of our non-GAAP financial measures to the most directly comparable GAAP measures in our earnings press release and our 10-Q. These documents are available on our investor relations website at investors.pricemark.com, where you can also sign up for email alerts. As a reminder, all statements made on this conference call, other than statements of historical fact, are forward-looking statements concerning the company's anticipated plans, revenues, and related matters. Forward-looking statements include, but are not limited to, statements containing the words expect, believe, plan, will, may, should, estimate, and some other expressions. All forward-looking statements are based on current expectations and assumptions as of today, July 11, 2024. These statements are subject to risks and uncertainties that could cause actual results to differ materially, including the risks detailed in the company's most recent annual report on Form 10-K, the quarterly report on Form 10-Q filed yesterday, and other filings with the SEC, which are accessible on the SEC's website at www.sec.gov. These risks may be updated from time to time. The company undertakes no obligation to update forward-looking statements made during this call. Now I will turn the call over to Robert Price, PriceSmart's Interim Chief Executive Officer.

Thank you, Michael. On behalf of myself and our Board of Directors, congratulations to the PriceSmart team for the excellent sales and earning results in our recently completed third quarter. As we enter our final three months of fiscal year 2024 and finalize planning for fiscal year 2025, we will continue to focus on improving sales, operating efficiencies, and the use of technology to further enhance our business performance. PriceSmart is a highly respected and valued brand in all our markets. Our goal is to continue to improve our business operations for the benefit of our members and our employees. Thank you to our many shareholders for your continued confidence and support. Now Michael will continue with his presentation.