Soho House & Co Inc

Hello, my name is Chris and I'll be your conference operator today. At this time, I'd like to welcome everyone to the Membership Collective Group third quarter 2022 results, conference call, and webcast. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you'd like to ask a question during this time, simply press star, then the number one on your telephone keypad. To withdraw your question, please press star one again. Please note, you may also submit your questions through the webcast. Thank you. Thomas Allen, Chief Financial Officer. You may begin.

Thank you for joining us today to discuss the Membership Collective Group's third quarter 2022 financial results. My name is Thomas Allen, and I'm the Chief Financial Officer. I'm here this morning with Nick Jones, our founder, and Andrew Carney, our President and incoming CEO. Some of today's statements may be forward-looking, and actual results may differ materially due to a number of risks and uncertainties, including those discussed in our most recent quarterly report on Form 10Q, filed today, November 16, 2022. Any forward-looking statements represent our views only as of today, and we assume no obligation to update any forward-looking statements if our views change. By now, you should have access to our third quarter 2022 earnings release, which can be found at membershipcollectivegroup.com in the news and events section. Additionally, we have posted our third quarter 2022 earnings presentation, which can also be found in the news and events section on our site. During the call, we also refer to certain non-GAAP financial measures. These non-GAAP measures should be considered in addition to and not as a substitute for or in isolation from our GAAP results. reconciliation to the most comparable gap measures are available in today's earnings press release. Now, let me hand it over to Nick.

Thanks, Thomas, and good morning, everyone. I'm talking to you for the first time as just the founder and not the CEO. It was four years ago we hired Andrew Carney to help me deliver the significant growth we had planned, and I'm so pleased to announce that he is now stepping into the CEO role. Well done, Andrew. Having worked closely with Andrew, I'm super confident that the MCG will go from strength to strength under his leadership. And I really look forward to working with him and the rest of the team to help support that success. As I step back from the day-to-day running of the company, I will focus on doing what I have loved doing for the last 27 years, designing new houses, keeping members at the heart of everything we do and motivating our people. With my recent diagnosis and successful recovery from prostate cancer, I spoke with our executive chairman and the board and agreed the time was right for me to transition. Since I started Sowerhouse, I've always been obsessed about what our members want and I'm really proud of what we have achieved. Andrew, over to you.