Starbucks
Q1 2023 Earnings Call
Feb 02, 2023, 5:00 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good afternoon. My name is Diego, and I will be your conference operator today. I would like to welcome everyone to Starbucks' first quarter fiscal year 2023 conference call. [Operator instructions] I will now turn the call over to Tiffany Willis, vice president of investor relations.
Ms. Willis, you may now begin your conference.
Tiffany Willis -- Vice President, Investor Relations
Thank you, Diego, and good afternoon, everyone, and thank you for joining us today to discuss Starbucks' first quarter fiscal year 2023 results. Today's discussion will be led by Howard Schultz, interim chief executive officer; Brady Brewer, executive vice president and chief marketing officer; and Rachel Ruggeri, executive vice president and chief financial officer. And for Q&A, we'll be joined by Frank Britt, executive vice president, chief strategy and transformation officer; Sara Trilling, executive vice president and president of Starbucks North America; Michael Conway, group president of international and channel development; and Belinda Wong, chairwoman of Starbucks China, who is joining us today from on the ground in China. This conference call will include forward-looking statements, which are subject to various risks and uncertainties and that could cause our actual results to differ materially from these statements.
Any such statements should be considered in conjunction with cautionary statements in our earnings release and risk factors discussed in our filings with the SEC, including our latest annual report on Form 10-K and quarterly reports on Form 10-Q. Starbucks assumes no obligation to update any of these forward-looking statements or information. GAAP results in first quarter fiscal year 2023 and the comparative period include several items related to strategic actions, including restructuring and impairment charges, transaction and integration costs, and other items. These items are excluded from our non-GAAP results.
All numbers referenced on today's call are on a non-GAAP basis unless otherwise noted or there is no non-GAAP adjustment related to the metric. For non-GAAP financial measures mentioned in today's call, please refer to the earnings release and our website at investor.starbucks.com to find reconciliations of those non-GAAP measures to their corresponding GAAP measures. This call is being webcast, and an archive of the webcast will be available on our website through Friday, March 3rd, 2023. And for calendar planning purposes, please note that our second quarter fiscal year 2023 earnings call has been tentatively scheduled for Tuesday, May 2nd, 2023.