Sprouts Farmers Market, Inc.

Good day, and thank you for standing by. Welcome to the Sprouts Farmers Market third quarter 2024 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during a session, you will need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1-1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Susanna Livingston, please go ahead.

Thank you, and good afternoon, everyone. We are pleased you are joining Sprouts on our third quarter 2024 earnings call. Jack Sinclair, Chief Executive Officer, and Curtis Valentine, Chief Financial Officer, are with me today. The earnings release announcing our third quarter 2024 results, the webcast of this call, and financial slides can be accessed through our investor relations section of our website at investors.sprouts.com. During this call, management may make certain forward-looking statements, including statements regarding our expectations for 2024 and beyond. These statements involve several risks and uncertainties that could cause results to differ materially from those described in the forward-looking statements. For more information, please refer to the risk factors discussed in our SEC filings in the commentary on forward-looking statements at the end of our earnings release. Our remarks today include references to non-GAAP measures. Please see the tables in our earnings release to reconcile our non-GAAP measures to comparable GAAP figures. With that, let me hand it over to Jeff.

Thanks, Susannah, and good afternoon, everyone. The dedication and hard work of our 33,000 team members drove excellent results in the third quarter, surpassing our expectations. Our sales increased by 14%, compared to the third quarter of 2023, including an 8.4% increase in comparable store sales. Additionally, our diluted earnings per share grew by 40% from last year. Firstly, I would like to express my gratitude to the teams in Florida, Georgia, and the Carolinas for their amazing support of their communities during the recent hurricane season. Much work still needs to be done but our teams continue to demonstrate our core value of care as these communities recover. The progress we've achieved in the business directly results from aligning our execution with our strategy. Focusing on our target customer drives all functions in our business. It begins with our team members who provide exceptional service and create an outstanding in-store experience for our customers, resulting in some of our highest customer service scores. We are growing our assortment of differentiated attribute focused products to meet the demands of our health enthusiast customers, resulting in increased food traffic. I'm especially encouraged by the collaboration and coordination across functions in executing exciting merchandising events and providing enhanced customer engagement, which has been instrumental to our success. Whilst delivering in the short term, we're making significant investments in infrastructure to support the business's growth for many years to come. I will talk more about these later. For now, I'll hand it to Curtis to review our financial performance in the third quarter and our 2024 outlook. Curtis?