2024-05-21 11:58:05 ET
Macy's, Inc. (M)
Q1 2024 Earnings Call Transcript
May 21, 2024, 08:00 AM ET
Company Participants
Pamela Quintiliano - VP of IR
Tony Spring - Chairman and CEO
Adrian Mitchell - COO and CFO
Conference Call Participants
Matthew Boss - JPMorgan Chase
Warren Cheng - Evercore ISI
Ashley Helgans - Jefferies
Tracy Kogan - Citi
Dana Telsey - Telsey Advisory Group
Chuck Grom - Gordon Haskett
Oliver Chen - TD Cowen
Brooke Roach - Goldman Sachs
Bob Drbul - Guggenheim Partners
Presentation
Operator
Greetings and welcome to the Macy's Inc. First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the call over to Pamela Quintiliano, Vice President of Investor Relations. Pamela, you may begin.
Pamela Quintiliano
Thank you, operator. Good morning, everyone, and thanks for joining us. With me on the call today are Tony Spring, our Chairman and CEO, and Adrian Mitchell, our COO and CFO. Along with our first quarter 2024 press release, a presentation has been posted on the Investors section of our website, macysinc.com, and is being displayed live during today's webcast. Unless otherwise noted, the comparisons we provide will be versus 2023. All references to our prior expectations, outlook or guidance refer to information provided on our February 27 earnings call, unless otherwise noted. In addition, all references to comp sales growth throughout today's prepared remarks represent comparable owned plus license plus marketplace sales growth and owned plus license sales growth for our store locations unless otherwise noted.
All forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the expectations and assumptions mentioned today. A detailed discussion of these factors and uncertainties is contained in our filings with the Securities and Exchange Commission.
In discussing the results of our operations, we will be providing certain non-GAAP financial measures. You can find additional information regarding these non-GAAP financial measures, as well as others on the Investors section of our website. Today's call is being webcast on our website. A replay will be available approximately two hours after the conclusion of this call....
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Macy's, Inc. (M) Q1 2024 Earnings Call Transcript