General Mills, Inc.

Greetings and welcome to the General Mills first quarter fiscal 2001 earnings conference call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question and answer session. At that time, if you would like to register, please press the 1 followed by the 4 on your telephone. If you require operator assistance at any time during the conference, please press star 0. As a reminder, this conference is being recorded today, Wednesday, September 23rd, 2020. It is now my pleasure to turn the conference over to Jeb Seaman, Vice President of Investor Relations. Please go ahead, sir.

Thanks, France, and good morning to everyone. Thanks for joining us today for our Q&A session on first quarter results. I hope everyone had time to review our press release, listen to the prepared remarks, and view our presentation materials, which are available on our Investor Relations site. It's important to note that in this Q&A session, we may make forward-looking statements that are based on our current views and assumptions, including facts and assumptions related to the potential impact of the COVID-19 pandemic on our results in fiscal 21. Please refer to this morning's press release for factors that could impact forward-looking statements and for reconciliations of any non-GAAP information which may be discussed on today's call. I'm here virtually with Jeff Harmoning, our chairman and CEO, Kofi Bruce, our CFO, and John Newdy, group president of our North America retail segment. We're holding this call from different locations, so we'll cross our fingers that technology cooperates. And with that, let's go ahead and get to the first question. Fran, can you get us started, please?

Absolutely. Ladies and gentlemen, if you would like to register for questions, please press the 1 followed by the 4 on your telephone. You will hear a three-tone prompt to acknowledge your request. If your question has been answered and you would like to withdraw, please press the 1 and the 3. And our first question is from the line of Chris Grohe with Stiefel. Please begin.