Sportsman's Warehouse Holdings, Inc.

Greetings and welcome to Sportsman's Warehouse first quarter 2023 earnings call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Riley Timmer, Vice President of Investor Relations and Corporate Development. Thank you. You may begin.

Thank you, operator. Participating with me on the call today is Joe Schneider, our interim CEO and chair of the board, and Jeff White, our chief financial officer. I will now remind everyone of the company's safe harbor language. The statements we make today contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which includes statements regarding expectations about our future results of operations, demand for our products, and growth of our industry. Actual results may differ materially from those suggested in such statements due to a number of risks and uncertainties, including those described in the company's most recent Form 10-K and the company's other filings made with the SEC. We will also disclose non-GAAP financial measures during today's call. Definitions of such non-GAAP measures, as well as reconciliations to the most directly comparable GAAP financial measures, are provided as supplemental financial information in our press release included as Exhibit 991 to the Form 8K we furnished to the SEC today, which is also available on the Investor Relations section of our website at sportsnews.com. I will now turn the call over to Joe.

Thank you, Riley, and good afternoon, everyone. As a member of the Sportsman's Warehouse Board of Directors for nine years now, I have been deeply involved in the oversight of the company strategy and execution. And now, as interim CEO, I have gained additional insights into the day-to-day operations of the business over the last several weeks. These additional insights will benefit me as the chairman and the rest of the board together in the long term. And with those insights, I'm even more confident that we have a clear path to achieving our strategic objectives that we have previously outlined for 2023. Those key strategies are growing our store footprint, further developing our omni-channel capabilities, and growing sales from sportsmans.com, leveraging our customer databases, and engaging our customers. The leadership team at Sportsmans are talented individuals with extensive experience in their respective areas of expertise. This allows them to execute at the highest level to further the success of the business. As I've gotten involved in the day-to-day of the business, it's been exciting to work with each and every one of them personally. As we carefully navigate the current environment and execute on our key initiatives for the year, while we have been faced with weather-related short-term headwinds and tough macroeconomic conditions, which Jeff will address in a few moments, the underlying foundation of the business remains strong. Our real estate funnel is strong with 15 planned new stores opening this year. We have a robust omni-channel platform allowing us to leverage our inventory and provide excellent service to our customers. Our industry leading assortment and in-store expertise gives us confidence in our competitive position within our hunting, shooting, sports department, as well as the other key categories we offer outdoor enthusiasts. We stand firmly committed to our right to win as a consumer's first choice for their outdoor needs. Finally, before I turn the call over to Jeff, I want to reiterate both my and the board's focus on finding a permanent, long-term CEO to lead Sportsman's Warehouse. We are working expeditiously but prudently to find the right person with deep retail and omnichannel experience, a passion for the outdoors, and a proven ability to return value to our shareholders. Egon Zender has helped the board create a strong pipeline of qualified candidates, and we are energized by the enthusiasm for leading this company that we hear from many of the candidates we have spoken to. I'll now turn the call over to Jeff to go through the first quarter's results and discuss our view on the second quarter.