Maisons du Monde SA Conference Call for Investors and Analysts Transcript

Oct 10, 2023 / 06:30AM GMT
Operator

Good day, and thank you for standing by. Welcome to the Maisons du Monde Conference Call. After the speakers' presentation, there will be a question-and-answer session. (Operator Instructions) Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Francois-Melchior De Polignac, CEO. Please go ahead.

Francois-Melchior De Polignac - Maisons du Monde S.A. - CEO & Director

Thank you. Good morning to all of you, and thank you for joining this call on such short notice. You have no doubt seen the press release we issued yesterday evening. We underperformed in Q3 2023, and we adjusted our full year guidance.

I will first share with you a brief diagnosis of what happened, then move on to the implications for our full year guidance. And last, I will walk you through the incremental actions we are taking to adjust to this new environment. Then of course, Gilles Lemaire and I will be delighted to answer any questions you may have.

So first of all, let me give

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