Bath & Body Works, Inc.

Good morning. My name is Cedric, and I will be your conference operator today. At this time, I would like to welcome everyone to the Bath & Body Works fourth quarter 2021 earnings conference call. Please be advised that today's conference is being recorded. During the question and answer portion, you may ask a question from the phone by pressing star 1. I will now turn the call over to Ms. Wendy Arlen, Chief Financial Officer at Bath & Body Works. Wendy, you may begin.

Good morning. Welcome to the Bath & Body Works fourth quarter earnings conference call for the period ending January 29, 2022. As a matter of formality, I need to remind you that any forward-looking statements we may make today are subject to our safe harbor statement found in our SEC filings and in our press releases. Joining me on the call today are CEO Andrew Meslow and SVP of Investor Relations Amy Preston. Sarah Nash, executive chair of our board, is also with us this morning. All results we discuss on the call today are adjusted results and exclude the significant items as described in our press release. All results we discuss today represent the continuing operations of the Bath and Body Works business as the spun-off Victoria's Secret business has been classified as discontinued operations. Thank you, and now I'll turn the call over to Andrew.

Thank you, Wendy, and good morning, everyone. Before we turn to our results, I'd like to address the news that we announced yesterday that I will be stepping down as CEO in May. I made this decision after much consideration and many discussions with my family so that I can appropriately focus on my health. Sarah Nash, our board chair, has been appointed executive chair and will be named interim chief executive officer upon my departure. and the board will conduct a search for my successor. Well, as you can imagine, this was a difficult decision. I have incredible confidence in the Bath & Body Works leadership team and all of our associates across our organization. Thanks to the hard work and dedication of a team that is second to none, we have grown Bath & Body Works into a global market-leading business. We have successfully navigated the challenges of an unprecedented global pandemic and we completed the spinoff of Victoria's Secret and launched ourselves as a standalone public company that continues to deliver industry-leading results. I am looking forward to helping ensure a seamless transition over the coming months and then watching the company's continued success after I depart. Sarah and I have worked very closely over the last couple of years, and she will provide strong oversight alongside the rest of the leadership team as we work through this transition. Sarah has joined us today and I'd now like to turn the call over to her for a few remarks. Sarah.