Good morning, ladies and gentlemen. Welcome to DAVIDsTEA's Q1 results webcast for fiscal 2024. Today's webcast is being recorded and is in a listen-only mode. Before we get started, I would like to remind you of the company's safe harbor language. This presentation includes forward-looking statements about expectations for the performance of the business in the coming quarter and year. Each forward-looking statement contained in this presentation is subject to risks and uncertainties that could cause actual results to differ materially from those projected in such statements. Additional information regarding these factors appears under the heading Risk Factors and Uncertainties in the Management's Discussion and Analysis of financial condition and results of operations, the MD&A, for our fiscal year ended February 3, 2024, which was filed with the Canadian regulatory authorities and is available on www.sedarplus.ca, as well as in the investor relations section of the company's website at www.davidstea.com. The forward-looking statements in this discussion speak only as of today's date, and the company undertakes no obligation to update or revise any of these statements. If any non-IFRS financial measure is used on this call, a reconciliation to the most directly comparable IFRS financial measure will be detailed in the MD&A. As a reminder, all dollar amounts referred to are in Canadian dollars unless otherwise indicated. Now, I would like to turn the call over to Sarah Segal, Chief Executive Officer and Chief Brand Officer of DAVIDsTEA. Thank you, operator. Good morning, everyone. Despite tough economic conditions, reducing sales 6.1% year over year to CAD 13.4 million in the Q1 of 2024, we are committed to turning our business around based on a number of inflection points. First of all, brick-and-mortar sales delivered mid-single-digit growth for a second consecutive quarter in Q1 2024. In-store sales were up 6.2% and 6.3% in the Q1 of 2024 and Q4 of 2023, respectively, on a year-over-year basis. Our specialty teas and brand equity resonates strongly with consumers in store as shoppers want a sensory experience, smelling and sampling our teas to help discover and buy. Therefore, we are reiterating our focus towards an in-store growth strategy with the goal of doubling our store footprint in the next three years. We have secured lease agreements for this fall related to the opening of two new stores in the Montreal area, one downtown and the other in Mount Royal, that will raise our store count to 20 across Canada. Second, we have expanded from a regional to national strategy to address the U.S. wholesale market. If you recall, we initiated our wholesale expansion into the Northeast U.S. in the second half of 2023, with the release of four flavors of premium tea sachets at Stop & Shop supermarket stores, and Roche Bros. supermarkets. We have since extended our reach across the U.S. on the strength of new partnerships with supermarket chains and distributors. One such signed-up distributor, KeHE, ranks among the largest pure-play wholesale food distributors in North America. It has access to more than 31,000 doors, including natural food stores, independent grocery stores, and chains, e-commerce retailers, and other specialty product retailers. Given a massive U.S. wholesale market, combined with increasing our tea assortment at 4,000+ locations in Canada, we expect this channel to grow in 2024. A third inflection point revolves around the recent launch of our cold brew sparkling iced tea collection for the ready-to-drink market in North America. The inaugural launch of our ready-to-drink collection features sparkling versions of bestseller Organic Cream of Earl Grey, energizing Queen of Tarts--Organic Queen of Tarts, and caffeine-free Magic Potion. These bring a unique product offering to market, with the cans being infused directly with our DAVIDsTEA blends, that have a long product following. By making our premium teas available in a convenient format like a can, we are significantly expanding our addressable market by tapping into the multi-billion dollar RTD sector. As a result, we believe this strategic initiative will fuel both online and in-store sales. In summary, DAVIDsTEA is still facing a number of headwinds, including challenging economic conditions, reducing overall demand, changing consumer behavior online, a short-term liquidity issue that Frank Zitella, President, Chief Financial and Operating Officer of DAVIDsTEA, will address in his prepared comments. For my part, I firmly believe the growth drivers that I've outlined earlier should bolster revenue growth and gradually lead to profitability. I will now turn the webcast over to Frank. Thank you, Sarah, and good morning, everyone. Before reviewing our Q1 results, I'd like to address our liquidity position. At quarter end, DAVIDsTEA had cash in the amount of CAD 8.8 million and working capital of CAD 28.7 million. During our previous quarterly webcast, we outlined negotiations with a commercial lender to provide up to CAD 12 million in the form of a revolving line of credit. At this point, we have terminated negotiations with the commercial lender without reaching an agreement. As a result, we will pursue cost reduction and working capital strategy more aggressively, while not compromising on growth opportunities related to upcoming quarters. Turning to our financial results. Consolidated sales decreased 6.1% to CAD 13.4 million in the Q1 of 2024, as unfavorable economic conditions negatively affected online and wholesale revenue, while brick-and-mortar sales grew mid-single digits on higher average ticket value. In Canada, which represented 80% of total revenues, sales were down CAD 0.5 million year-over-year, while U.S. sales declined by CAD 0.4 million. Online sales dropped by CAD 0.9 million in Q1 2024, or 11.7% year-over-year, as we continue to observe a leveling out of pandemic-driven online sales in addition to lower average ticket value. Online sales represented 50% of total revenues in the Q1 of 2024, compared to 53% in the same period last year. Wholesale channel sales decreased 9.7% to CAD 2.2 million in the Q1 of 2024, representing 16% of total revenue. For their part, brick-and-mortar sales increased 6.2% to CAD 4.5 million in Q1 2024, accounting for one-third of total revenues. As Sarah mentioned, we've reported mid-single-digit growth for brick-and-mortar sales for 2 consecutive quarters. Despite a lower revenue level year-over-year, gross profit as a percentage of sales improved 300 basis points to 43.3% in the Q1, due to lower freight, shipping, and fulfillment costs per unit. Sales, general, and administrative expenses increased by 7.6% to CAD 8.4 million compared to the prior year quarter. Included in SG&A this quarter was CAD 0.6 million of professional fees in connection with the revolving line of credit. As a percentage of sales, SG&A expenses rose to 62.9% in the Q1 of 2024, from 54.9% in the Q1 of 2023, due to a deleveraging of fixed costs against a lower sales level. Now, turning to the bottom line. Net loss amounted to CAD 2.6 million in the Q1 of 2024, compared to a loss of CAD 2 million in the Q1 of 2023. Adjusted EBITDA for the Q1 was negative CAD 0.8 million, compared to negative CAD 0.9 million for the same period in 2023. To wrap up, we have several growth initiatives on the horizon, but in the short term, we need to implement tight cost control measures and efficiently manage our working capital to support a path towards profitable growth. This concludes the review of our Q1 results. We encourage investors wishing to obtain additional color about DAVIDsTEA to contact investor relations, who will coordinate access to management. Thank you for joining us today.