Start Time: 10:00 January 1, 0000 11:06 AM ET
Sysco Corporation (NYSE:SYY)
Q1 2024 Earnings Conference Call
October 31, 2023, 10:00 AM ET
Company Participants
Kevin Hourican - President and CEO
Kenny Cheung - CFO
Kevin Kim - VP of IR
Conference Call Participants
Edward Kelly - Wells Fargo
Lauren Silberman - Deutsche Bank
Joshua Long - Stephens Inc.
Jeffrey Bernstein - Barclays
Kelly Bania - BMO Capital Markets
John Heinbockel - Guggenheim Securities
Kendall Toscano - Bank of America
Operator
Welcome to Sysco's First Quarter Fiscal Year 2024 Conference Call. As a reminder, today's call is being recorded. We will begin with opening remarks and introductions.
I would like to turn the call over to Kevin Kim, Vice President of Investor Relations. Please go ahead.
Kevin Kim
Good morning, everyone, and welcome to Sysco's first quarter fiscal year 2024 earnings call. On today's call, we have Kevin Hourican, our President and CEO; and Kenny Cheung, our CFO.
Before we begin, please note that statements made during this presentation that state the company's or management's intentions, beliefs, expectations or predictions of the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act, and actual results could differ in a material manner. Additional information about factors that could cause results to differ from those in the forward-looking statements is contained in the company's SEC filings. This includes, but is not limited to, risk factors contained in our annual report on Form 10-K for the year ended July 1, 2023, subsequent SEC filings and the news release issued earlier this morning. A copy of these materials can be found in the Investors section at sysco.com.
Non-GAAP financial measures are included in our comments today and our presentation slides. The reconciliation of these non-GAAP measures to the corresponding GAAP measures is included at the end of the presentation slides and can also be found in the Investors section of our Web site. During the discussion today, unless otherwise stated, all results are compared to the same quarter in the prior year. To ensure we have sufficient time to answer all questions, we'd like to ask each participant to limit their time today to one question and one follow up.
At this time, I'd like to turn the call over to Kevin Hourican.
Kevin Hourican
Thank you, Kevin, and good morning, everyone. Thank you for joining our call today. Our prepared remarks will cover the following themes; competence in reiterating fiscal year '24 guidance, another record quarter of disciplined financial performance with a focus on profitable growth, disciplined ROIC and balanced capital allocation priorities. These themes all confirmed Sysco's strength as the market leader.