The Cooper Companies, Inc. (NYSE:COO) Q4 2022 Earnings Call Transcript

Albert White: Great. Thank you. I’ll give you one closing remark, and that’s that if FX rates stay where they’re at, I am certainly happy that we’re going to spend less time talking about currency. I mean last year, currency was negative to us around $2.32, I think, so a pretty significant hit to EPS and a big hit to the top line. As Brian mentioned, FX is still a decent negative to us in Q1, but then it actually starts turning the other direction to the point where it actually starts moving positive. If that holds where it’s at right now, that’s going to put us in a good position to get back to the back half of this year, where all else being equal and holding steady, we could be back up to double-digit growth. So I’m excited to get currency behind us.

I’m excited about what the team is doing right now and the momentum that we have and the investment activity that we’re putting dollars behind, I think our business is in a really, really good place right now. So with that, I’ll thank everyone for the call and say happy holidays and look forward to speaking with everybody in the future. Thank you.

Operator: This concludes today’s conference call. Thank you for your participation. You may now disconnect.