Scholastic Corporation

first quarter fiscal year 2023 results. During the program today, all participants are in listen-only mode. As a reminder, today's program may be recorded. And now I'd like to introduce your host for today's program, Jeff Matthews, Executive Vice President, Corporate Development and Investor Relations. Please go ahead, sir.

Hello, and welcome everyone to Scholastic's fiscal 2023 first quarter earnings call.

I'm excited to be back at Scholastic, a company defined by its incredible people and mission. Over the coming months, I look forward to reconnecting with and getting to know again Scholastic's investment community as we work to reach a new level of understanding of our shareholders' perspectives and communicate our strategy, opportunity, and progress. Today on the call, I'm joined by Peter Warrick, our President and Chief Executive Officer, and Ken Cleary, our Chief Financial Officer. As usual, we have posted the accompanying investor presentation on our IR website at investor.scholastic.com, which you may download now if you have not done so already. We would like to point out that certain statements made today will be forward-looking. These forward-looking statements, by their nature, are subject to various risks and uncertainties, and actual results may differ materially from those currently anticipated. In addition, we will be discussing some non-GAAP financial measures, as defined in Regulation G. The reconciliation of his measures to the most directly comparable GAAP measures may be found in the company's earnings release and the company's financial tables, filed this afternoon on a Form 8-K. This earnings release has also been posted to our investor relations website. We encourage you to review the disclaimers in the release and investor in the company's annual and quarterly reports, followed with the SEC. Should you have any questions after today's calls, please send them directly to me at our IR email address, investor underscore relations at Scholastic.com. And now I'd like to turn the call over to Peter to begin this afternoon's presentation.