United Natural Foods, Inc. (NYSE:UNFI) Q4 2023 Earnings Conference Call September 26, 2023 8:30 AM ET

Company Participants

Steve Bloomquist - VP, IR

Sandy Douglas - CEO

John Howard - CFO

Conference Call Participants

Mark Carden - UBS

John Heinbockel - Guggenheim Securities

Leah Jordan - Goldman Sachs

Scott Mushkin - R5 Capital

Kelly Bania - BMO Capital Markets

Peter Saleh - BTIG

Andrew Wolf - CL King

William Kirk - ROTH Capital Partners

Operator

Good morning. My name is Rob and I'll be your conference operator today. At this time, I would like to welcome everyone to the UNFI Fourth Quarter Fiscal 2023 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]

Thank you. Steve Bloomquist, Vice President of Investor Relations, you may begin your conference.

Steve Bloomquist

Good morning, everyone, and thank you for joining us on UNFI's fourth quarter fiscal 2023 earnings conference call. By now you should have received a copy of the earnings release issued earlier this morning. The press release and earnings presentation, which management will speak to, are available under the Investors section of the company's website. We've also included a supplemental disclosure file in Microsoft Excel with key financial information.

Joining me for today's call are Sandy Douglas, our Chief Executive Officer; and John Howard, our Chief Financial Officer. Sandy and John will provide a strategy and business update, after which we will take your questions.

Before we begin, I'd like to remind everyone that comments made by management during today's call may contain forward-looking statements. These forward-looking statements include plans, expectations, estimates, and projections that might involve significant risks and uncertainties. These risks are discussed in the company's earnings release and SEC filings. Actual results may differ materially from the results discussed in these forward-looking statements.

And lastly, I'd like to point out that during today's call, management will refer to certain non-GAAP financial measures. Definitions and reconciliations to the most comparable GAAP financial measures are included in our press release and the end of our earnings presentation.

I'd like to now ask you to turn to Slide 6 of our presentation, as I turn the call over to Sandy.

Sandy Douglas

Thanks, Steve. We appreciate everyone joining us for our fourth quarter call. In my remarks this morning, I'll provide a brief overview of our results, the operating environment, and then provide an update on the actions that we're taking to continue to reset and restore our profitability and improve the value we create for our customers, suppliers and in parallel, our shareholders.