ConAgra Brands, Inc.

Good morning, everyone, and welcome to the ConAgra Brands Q1 fiscal year 2025 Q&A conference call. All participants will be in a listen-only mode. Should you need assistance, please say no to a conference specialist by pressing the star key followed by zero. After today's quick presentation, there will be an opportunity to ask questions. To ask a question, you may press star and then one. To withdraw your questions, you may press star and two. Please also note today's event is being recorded. At this time, I'd like to turn the floor over to Liz Napier. Ma'am, please go ahead.

Thanks, Jamie. Good morning, everyone. Thanks for joining us today for our live question and answer session on today's results. Once again, I'm joined this morning by Sean Connolly, our CEO, and Dave Marburger, our CFO. We may be making some forward-looking statements and discussing non-GAAP financial measures during this session. Please see our earnings release, prepared remarks, presentation materials, and filings with the SEC, which can be found in the investor relations section of our website for more information, including descriptions of our risk factors, gap to non-gap reconciliations, and information on our comparability items. Jamie, please introduce the first question.

And our first question today comes from Ken Goldman from J.P. Morgan. Please go ahead with your question.