Waldencast plc ( NASDAQ: WALD ) Q1 2024 Earnings Conference Call May 22, 2024 8:30 AM ET Company Participants Allison Malkin - Investor Relations, ICR Michel Brousset - Founder & Chief Executive Officer Manuel Manfredi - Chief Financial Officer Conference Call Participants Jonna Kim - TD Cowen Dana Telsey - Telsey Advisory Group Linda Bolton Weiser - D.A. Davidson Operator Greetings.

Welcome to Waldencast's First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation.

[Operator Instructions] Please note this conference is being recorded. I will now turn the conference over to Allison Malkin of ICR. Thank you.

You may begin. Allison Malkin Thank you, and welcome to the Waldencast plc first quarter fiscal 2024 earnings call. With me today are Michel Brousset, Founder and Chief Executive Officer; and Manuel Manfredi, Chief Financial Officer.

For today's call, Michel will begin with an update on our business and vision and our performance within the context of the beauty market. Manuel will follow with a review of our fiscal year 2023 and first quarter performance as well as our outlook for the remainder of 2024. Then, Michel will share our strategic growth initiatives for our Milk Makeup and Obagi Skincare brand.

After the prepared remarks, the operator will open the call to take questions. Before we start, I would like to remind you that management will make certain state.