KB Home (NYSE:KBH) Q1 2023 Earnings Conference Call March 22, 2023 5:00 PM ET
Company Participants
Jill Peters - Senior Vice President of Investor Relations
Jeffrey Mezger - Chairman, President and Chief Executive Officer
Robert McGibney - Executive Vice President and Chief Operating Officer
Jeff Kaminski - Executive Vice President and Chief Financial Officer
Conference Call Participants
Stephen Kim - Evercore ISI
Matthew Bouley - Barclays Bank PLC
Michael Dahl - RBC Capital Markets
John Lovallo - UBS
Alan Ratner - Zelman & Associates LLC
Rafe Jadrosich - Bank of America Merrill Lynch
Paul Przybylski - Wolfe Research LLC
Michael Rehaut - JPMorgan Chase & Co
Buck Horne - Raymond James & Associates, Inc.
Alex Barron - Housing Research Center
Operator
Good afternoon. My name is John, and I'll be your conference operator today. I would like to welcome everyone to the KB Home 2023 First Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. Following the Company's opening remarks, we will open the lines for questions. Today's conference call is being recorded and will be available for replay at the Company's website, kbhome.com through April, 22.
And now, I'd like to turn the call over to Jill Peters, Senior Vice President of Investor Relations. Thank you. Jill, you may begin.
Jill Peters
Thank you, John. Good afternoon, everyone, and thank you for joining us today to review our results for the first quarter of fiscal 2023. On the call, are Jeff Mezger, Chairman, President and Chief Executive Officer; Rob McGibney, Executive Vice President and Chief Operating Officer; Jeff Kaminski, Executive Vice President and Chief Financial Officer; Bill Hollinger, Senior Vice President and Chief Accounting Officer; and Thad Johnson, Senior Vice President and Treasurer.
During this call, items will be discussed that are considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future results and the Company does not undertake any obligation to update them. Due to various factors, including those detailed in today's press release and in our filings with the Securities and Exchange Commission, actual results could be materially different from those stated or implied in the forward-looking statements.
In addition, a reconciliation of the non-GAAP measure of adjusted housing gross profit margin which excludes inventory related charges and any other non-GAAP measure referenced during today's discussion to its most directly comparable GAAP measure can be found in today's press release and/or on the Investor Relations page of our website at kbhome.com.