Dick's Sporting Goods Inc

Good morning and welcome to the Dick's Sporting Goods Second Quarter Earnings Conference Call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. Please note, this event is being recorded. I would now like to turn the conference over to Nate Gilch, Senior Director of Investor Relations. Please go ahead.

Good morning, everyone, and thank you for joining us to discuss our second quarter 2021 results. On today's call will be Ed Stack, our executive chairman, Lauren Hobart, our president and chief executive officer, and Lee Beliske, our chief financial officer. The playback of today's call will be archived on our investor relations website located at investors.dix.com for approximately 12 months. As a reminder, we will be making forward-looking statements which are subject to various risks and uncertainties that could cause our actual results to differ materially from these statements. Any such statements should be considered in conjunction with cautionary statements in our earnings release and risk factor discussions in our filings with the SEC, including our last annual report on Form 10-K and cautionary statements made during this call. We assume no obligation to update any of these forward-looking statements or information. please refer to our investor relations website to find the reconciliation of any non-GAAP financial measures referenced in today's call. And finally, a few admin items. First, a note on our same-store sales reporting practices. Our consolidated same-store sales calculation includes stores that we temporarily closed last year as a result of COVID-19. The method of calculating comp sales varies across the retail industry, including the treatment of temporary store closures because of COVID-19. Accordingly, our method of calculation might not be the same as other retailers. Next, as a reminder, due to the uneven nature of 2020, we planned 2021 off of the 2019 baseline. Accordingly, we will compare 2021 sales and earnings results against both 2019 and 2020. And lastly, for your future scheduling purposes, we are tentatively planning to publish our third quarter 2021 earnings results before the market opens on November 23rd, 2021, with our subsequent earnings call at 10 a.m. Eastern time. With that, I'll now turn the call over to Ed.

Thanks, Nate. Good morning, everyone. We're extremely pleased to announce another quarter of record results as the strength of our diverse category portfolio, our omnichannel offerings, and our elevated athlete experience helped us continue to capitalize on strong consumer demand. We're in a great lane right now, and I couldn't be more proud of our team and their unwavering dedication to our business. We said 2021 was going to be the most transformational year in our company's history. And so far, it certainly has been. The investments we've made in technology, infrastructure, space allocation, and our team over the past four plus years are now paying off. We'll continue to invest in our future. and re-imagine the athlete experience in our core business and with new concepts. As part of this, we've driven strong growth at Dick's and successfully launched Dick's House of Sport, a completely new experiential destination that's redefining sports retail. Our first public land store focused on the active outdoor category will open tomorrow and the re-engineering of our golf galaxy business is performing extremely well. As we look to the balance of the year and into 2022, we will remain focused on our core strategies and strategic growth drivers as we continue to elevate the athlete experience. We're confident and optimistic in the sales and earnings trajectory of our business. I'll now turn the call over to Lauren.