Bowlero Corp. (NYSE:BOWL) Q1 2023 Earnings Conference Call November 16, 2022 4:30 PM ET
Company Participants
Ashley DeSimone - Partner, ICR, IR
Brett Parker - President and CFO
Thomas Shannon - Founder and CEO
Conference Call Participants
Kevin Heenan - JPMorgan
Ian Zaffino - Oppenheimer
Stefanos Crist - CJS Securities
Eric Handler - MKM Partners
Michael Kupinski - Noble Capital Markets
Operator
Greetings, and welcome to the Bowlero Corp., First Quarter 2023 Earnings Conference Call. It is now my pleasure to introduce your host, Ashley De Simone of ICR. Thank you, Ashley. You may begin.
Ashley DeSimone
Good afternoon. And welcome to the Bowlero Corp., first quarter and fiscal year 2023 earnings conference call. All participants will be in a listen-only mode.
During this call, the company may make certain statements that constitute forward-looking statements. Such statements reflect the company's views with respect to future events as of today, and are based on management's current expectations, estimates, forecasts, projections, assumptions, beliefs and information. These statements are subject to a number of risks and uncertainties that can cause actual events and results to differ materially from those described in the forward-looking statements. For further details concerning these risks and uncertainties, please see our annual report on Form 10-K filed with the SEC on September 15, 2022.
The company expressly disclaims any obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law.
In addition, during today's call, the company will discuss non-GAAP financial measures, which we believe could be useful in evaluating our performance. Reconciliation of adjusted EBITDA to net income calculated under GAAP, can be found in our earnings press release and will be included in our Form 10-Q for the first quarter and fiscal year 2023. Throughout today's conversation, you will hear the company refer to EBITDA and adjusted EBITDA. At all times, the company is referring to adjusted EBITDA, as described therein and reconciled to net income in the associated disclosures.
As a reminder, this conference is being recorded today. I would now like to turn the call over to Brett Parker, President and Chief Financial Officer of Bowlero. Please go ahead.
Brett Parker
Good evening. And welcome to the Bowlero Corporation discussion for Q1 of fiscal year 2023. I am Brett Parker, Vice Chairman, President and CFO of Bowlero Corp. Thank you for joining us today. As always, we value our shareholders and strive to create value for them. To that end, we are looking forward to discussing the strong financial results from the first quarter of our 2023 fiscal year.