Manhattan Associates, Inc. (NASDAQ:MANH) Q4 2022 Earnings Call Transcript

Blair Abernethy: Okay. Great. And in terms of the macro environment, just €“ is the retail €“ I’m just wondering of your key verticals, is there anyone you would call out to say, hey, this is a little bit squishier than some of the others?

Eddie Capel: No, I don’t think so, Blair. Again, we’re all reading, frankly, the same articles and watching the same news feeds. There’s a little bit of squishiness everywhere. But as a function of that, in order to compete, then you’ve got to be close to the customer, you got to be able to provide €“ or our customers have to provide excellent service, maximum utilization of the biggest piece of working capital they have, which is the inventory on hand. And bringing those two things together, customer demand and available inventory. So it’s €“ we’re as you know, providing mission-critical systems to our customers. And yes, the €“ frankly, there’s winners and losers across the customer base. But the fortunate thing is we’re much more diverse today, frankly, than we were maybe 10 or 12 years ago, and that’s helpful to us.

Blair Abernethy: Yes. That’s great. Thanks for the extra color.

Eddie Capel: Thank you.

Operator: We have reached the end of the question-and-answer session. I’d now like to turn the call over to Eddie Capel for closing comments.

Eddie Capel: Very good. Thank you, Robert. Well, again, as always, we appreciate you taking the time to join us this afternoon, particularly since it’s our year-end earnings call. We’re very pleased with the 2022 results. We appreciate your support throughout the year, and we’re excited about as the path ahead. So we look forward to talking to everybody in about 90 days or so. Thanks a lot.

Operator: This concludes today’s conference. You may disconnect your lines at this time, and we thank you for your participation.