Tyson Foods
Q1 2023 Earnings Call
Feb 06, 2023, 9:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good morning, and welcome to the Tyson Foods first quarter 2023 earnings conference call. [Operator instructions] I would now like to turn the conference over to Sean Cornett, vice president, investor relations. Please go ahead, sir.
Sean Cornett -- Vice President, Investor Relations
Good morning, and welcome to Tyson Foods' fiscal first quarter 2023 earnings conference call. Prepared remarks today will be provided by Donnie King, president and chief executive officer; and John R. Tyson, executive vice president and chief financial officer. Additionally, Brady Stewart, group president, fresh meats; Stewart Glendinning, group president, prepared foods; Wes Morris, group president, poultry; and Amy Tu, president, international, and chief administrative officer, will join the live Q&A session.
We prepared presentation slides to supplement our comments, which are available on the investor relations section of the Tyson website and through the link on our webcast. During today's call, we will make forward-looking statements regarding our expectations for the future. These forward-looking statements made during this call are provided pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include comments reflecting our expectations, assumptions, or beliefs about future events or performance that do not relate solely to historical period.
These forward-looking statements are subject to risks, uncertainties, and assumptions which may cause actual results to differ materially from our current projections. Please refer to our forward-looking statements disclaimers on Slide 2, as well as our SEC filings, for additional information concerning risk factors that could cause our actual results to differ materially from our projections. We assume no obligation to update any forward-looking statements. Please note that references to earnings per share, operating income, and operating margin in our remarks are on an adjusted basis, unless otherwise noted.
For reconciliations of these non-GAAP measures to their corresponding GAAP measures. Please refer to our earnings press release. Now, I'll turn the call over to Don.
Donnie King -- President and Chief Executive Officer
Thank you, Sean, and thank you to everyone on the call for joining. Earlier today, we announced our first quarter 2023 results. We delivered solid top-line results with year-over-year revenue and volume growth and continued strength in our share position, providing momentum for the remainder of the fiscal year. Compared to record performance in the prior year, first quarter earnings declined, driven by weaker results in chicken, pork, and beef, which more than offset strong performance in prepared foods.