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Waldencast plc. (WALD) Q3 2024 Earnings Call Transcript

Waldencast plc. (NASDAQ:WALD) Q3 2024 Earnings Conference Call November 21, 2024 8:30 AM ET

Company Participants

Allison Malkin – Investor Relations, ICR
Michel Brousset – Founder and Chief Executive Officer
Manuel Manfredi – Chief Financial Officer

Conference Call Participants

Jonna Kim – TD Cowen
Dana Telsey – Telsey Advisory Group
Sydney Wagner – Jefferies
Susan Anderson – Canaccord Genuity
Linda Bolton Weiser – D.A. Davidson
Lillian Moffett – Raymond James

Operator

Greetings and welcome to the Waldencast Third Quarter and First Nine Months 2024 Earnings Call. At this time, all participants are in a listen-only mode. [Operator Instructions] A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It’s now my pleasure to turn the call over to Allison Malkin with ICR. Allison, please go ahead.

Allison Malkin

Thank you, and welcome to the Waldencast plc third 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 discuss the company’s performance within the context of the beauty market.

Manuel will follow with a review of the third quarter and year-to-date performance and provide our fiscal 2024 outlook. Following this, Michel will share the strategic growth initiatives for our Milk Makeup and Obagi Medical brands. 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 statements today, which are forward-looking, including statements about the outlook of Waldencast business and other matters referenced in the company’s earnings release issued yesterday. Each forward-looking statement is subject to risks and uncertainties that could cause actual results to differ materially from those projected in or implied by

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