Sally Beauty Holdings, Inc. (NYSE:SBH) Q4 2020 Earnings Conference Call November 12, 2020 8:30 AM ET
Jeff Harkins – Vice President, Investor Relations
Chris Brickman – President and Chief Executive Officer
Aaron Alt – President, Sally Beauty Supply and Chief Financial Officer
Conference Call Participants
Steph Wissink – Jefferies
Oliver Chen – Cowen
Rupesh Parikh – Oppenheimer
Mark Altschwager – Baird
Simeon Gutman – Morgan Stanley
Jonathan Keypour – Bank of America
William Reuter – Bank of America
Carla Casella – J.P. Morgan
Ladies and gentlemen, thank you for standing by and welcome to the Sally Beauty Holdings Fourth Quarter Conference Call. At this time, all lines are in a listen-only mode. [Operator instructions] And as a reminder, today’s conference call is being recorded. I would now like to turn the conference over to Mr. Jeff Harkins. Please go ahead.
Thank you. Good morning everyone, and welcome to the Sally Beauty Holdings fourth quarter earnings conference call. Before we begin, I would like to remind everyone that we have made a presentation available for today’s call that can be viewed from the link provided on our earnings press release this morning or on our investor site at sallybeautyholdings.com/investorrelations. I would also like to remind you that certain comments, including matters such as forecasted financial information, contracts or business and trend information made during this call may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended.
Many of these forward-looking statements can be identified by the use of words such as believe, project, expect, can, may, estimate, should, plan, target, intend, could, will, would, anticipate, potential, confident, optimistic and similar words or phrases. These statements are subject to a number of factors that could cause actual results to differ materially from expectations. Those factors are described in Sally Beauty Holdings’ filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K.
The company does not undertake any obligation to publicly update or revise its forward-looking statements. The company has provided a detailed explanation and reconciliations of its adjusting items and non-GAAP financial measures in its earnings press release and on its website.
With me on the call today are Chris Brickman, President and Chief Executive Officer; Aaron Alt, President of Sally Beauty Supply and Chief Financial Officer; and Marlo Cormier, Senior Vice President of Finance and Chief Accounting Officer.
Chris will start by offering some thoughts on our very respectable fourth quarter. He will also touch on our thoughts about the current economic environment and our outlook on fiscal year 2021, and finish with our focus, our key focus and investments in fiscal year 2021 as we move towards the completion of our transformation plan. Aaron will then discuss our fourth quarter and full year financial results, touch on our cash liquidity, and also provide some perspective on fiscal year 2021.