Gildan Activewear Inc.

and welcome to the Q1 2024 Gildan ActiveWare Earnings Conference Call. After the presentation, there will be a question and answer session, and if you would like to ask a question during this time, simply press star 1 on your telephone keypad. Please be advised that today's conference is being recorded. I would now like to hand the conference over to Jessie Hayham, Vice President, Head of Investor Relations. Please go ahead. Thank you.

Good afternoon, everyone. Earlier, we issued a press release announcing our results for the first quarter of 2024, along with our interim shareholder report containing management's discussion and analysis, as well as consolidated financial statements. These documents are expected to be filed with the Canadian Securities and Regulatory Authorities and the U.S. Securities Commission today, and they'll also be available on our corporate website. Joining me on the call today are Vince Tyree, President and CEO of Gildan, Rod Harries, Executive Vice President and Chief Financial and Administrative Officer, and Chuck Ward, President Sales, Marketing, and Distribution. This afternoon, we'll take you through the results for the quarter, and then a question and answer session will follow. Before we begin, please take note that certain statements included in this conference call may constitute forward-looking statements which involve unknown and known risks, uncertainties, and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. We refer you to the company's filings with the U.S. Securities and Exchange Commission and Canadian Securities Regulatory Authorities. During this call, we will also discuss certain non-GAAP financial measures. Reconciliations to the most directly comparable IFRS measures are provided in today's earnings release, as well as our MDNA. And now, I'll turn it over to Vince.

Thanks, Jesse, and good afternoon, everyone. This quarter, I saw firsthand the hard work and dedication of our teams as we delivered on our goals and demonstrated resilience as a company. Our first quarter performance was in line with our expectations with several bright spots, including continued market momentum and ring-spun and fleece products. We saw good momentum in activewear overall, which was offset by some softness in hosiery and underwear, but this was expected, and to a certain extent, led to a broader market weakness. so I'm pleased with our competitive positioning and the team's execution, which drove significant year-over-year improvement in our key financial metrics. We met our top-line expectations, maintained solid margins and a healthy balance sheet, all a testament to our strong business model. Some of you joined us on April 15th when I shared key elements of my vision for the future, which will enable us to embark on a new chapter of sustainable growth, driving strong free cash flow generation and shareholder returns. So before diving into the details of our first quarter results, allow me to summarize these elements on which we are now laser focused. One, we will continue to focus on our supply chain excellence and on driving successful execution of our investments in Bangladesh while remaining true to our back to basics principles and our commitment to innovation and ESG. Two, we have a renewed focus on our brands and on enhancing our commercial capabilities to deliver the best offering to our customers across the board. Three, we are increasing our emphasis on serving our retail partners in becoming the supplier of choice. Four, we will apply a focused, be local approach from product to pricing to supply chain to regain and gain share in targeted international markets. And lastly, we will make people and their development a priority, ensuring that the next generation of leaders have the space and support to grow to their full potential. So bottom line, our key focus priorities are clear. We're off to a good start to the year. I look forward to taking your questions a little later during the Q&A session. And with that, I will turn it over to Rod.