Nautilus (NLS) Q4 2022 Earnings Call Transcript

It has taken root, and our individuals have delivered unimaginable and tangible outcomes. I’m happy with how we have now moved the corporate to an thrilling new place. And being nimble and agile have delivered sturdy working leads to the face of an extremely dynamic collection of challenges. We’re already a vastly totally different firm in comparison with fiscal ’20 and are rising from the pandemic a lot stronger and nicely positioned to navigate near-term challenges.

We are going to draw on our experiences to maintain our deal with the long term, persevering with North Star momentum whereas, on the identical time, navigating a brand new set of surprising short-term challenges, together with present retailer stock ranges and risky macroeconomic situations. We’ve a number of levers to actively handle these challenges, together with gross margin enchancment and environment friendly value construction, focus and disciplined execution. This method will maintain our long-term technique shifting ahead and likewise put us on path to ship constructive adjusted EBITDA for the again half of fiscal 2023. I will now flip it over to Aina who will give us extra element on our fourth quarter financials and our steering for fiscal yr 2023.

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