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4/5/2023
Greetings. Welcome to the Simply Foods Company's fiscal second quarter 2023 conference call. At this time, all participants are in listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero from your telephone keypad. Please note that this conference is being recorded. At this time, I'll now turn the conference over to Mark Bulgarian, Vice President of Investor Relations. Mark, you may now begin.
Thank you, Operator. Good morning. I am pleased to welcome you to the Simply Good Foods Company earnings call for the fiscal second quarter ended February 25th, 2023. Joe Scalzo, Chief Executive Officer, Sean Mara, CFO, and Jeff Tanner, President, COO, and CEO-elect are with me today. Joe and Sean will provide you with an overview of results, which will then be followed by a Q&A session. The company issued its earnings release this morning at approximately 7 a.m. Eastern Time. A copy of the release and accompanying presentation are available under the investor section of the company's website at www.thesimplygoodfoodscompany.com. This call is being webcast and an archive of today's remarks will be available. During the course of today's call, management will make forward-looking statements that are subject to various risks and uncertainties that may cause actual results to differ materially. The company undertakes no obligation to update these statements based on subsequent events. A detailed listing of such risk and uncertainties can be found in today's press release in the company's SEC filings. Note that on today's call, we will refer to certain non-GAAP financial measures that we believe will provide useful information for investors. Due to the company's asset-light, strong cash flow business model, we evaluate our performance on an adjusted basis as it relates to EBITDA and diluted EPS. We have included a detailed reconciliation from GAAP to adjusted items in today's press release. We believe these adjusted measures are a key indicator of the underlying performance of the business. The presentation of this information is not intended to be considered in isolation or as a substitute for the financial information presented in accordance with GAAP. Please refer to today's press release for a reconciliation of the non-GAAP financial measures to the most comparable measures prepared in accordance with GAAP. With that, I'll turn the call over to Joe Scalzo, CEO.
Thank you, Mark. Good morning, and thank you for joining us. Today, I'll recap Simply Good Food's second quarter and provide you with some perspective on the performance of our business. Then Sean will discuss our financial results in a bit more detail before we wrap it up with a discussion of our outlook and take your questions. As most of you know, on January 30th, we announced that Jeff Tanner would be joining us as President and CEO of LECT. Throughout his career, Jeff has been primarily focused on marketing, sales, and innovation within the food sector. So he brings superior experience along with credentials as a terrific leader and, as you'll learn, incredible passion to everything he does. The board and I are confident that under his leadership, the company will continue its track record of growth and profitability, and I look forward to partnering with him to achieve a smooth transition. I'll now turn the call over to Jeff for some introductory remarks.
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