SpartanNash Company (NASDAQ:SPTN) Q1 2023 Earnings Conference Call June 1, 2023 8:30 AM ET

Company Participants

Kayleigh Campbell - Head of IR

Tony Sarsam - President and CEO

Jason Monaco - EVP and CFO

Conference Call Participants

Charles Cerankosky - Northcoast Research

Rob Dickerson - Jefferies

Benjamin Wood - BMO Capital Markets

Andrew Wolf - C.L. King & Associates

Peter Saleh - BTIG

Jessica Taylor - Deutsche Bank

Operator

Welcome to the SpartanNash First Quarter 2023 Earnings Conference Call. At this time all participants will be in a listen-only mode. Later we will conduct a question-and-answer session. I would now like to turn the call over to Kayleigh Campbell, Head of Investor Relations.

Kayleigh Campbell

Good morning and welcome to the SpartanNash Company’s First Quarter 2023 Earnings Conference Call. On the call today from the company are President and Chief Executive Officer, Tony Sarsam; and Executive Vice President and Chief Financial Officer, Jason Monaco. By now everyone should have access to the earnings release, which was issued this morning at approximately 07:00 A.M. Eastern Time. For a copy of the earnings release, as well as the company's supplemental earnings presentation, please visit SpartanNash's website at www.spartannash.com/investors. This call is being recorded and a replay will be available on the company's website.

Before we begin, the company would like to remind you that today's discussion will include a number of forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. We will refer to SpartanNash's earnings release from this morning, as well as the company's most recent SEC filings. We'll see a discussion of factors that could cause the company's actual results to differ materially from these forward-looking statements.

Please remember that all forward-looking statements made today reflect our current expectations only and SpartanNash undertakes no obligation to update or revise these forward-looking statements. The company will also make a number of references to non-GAAP financial measures. The company believes these measures provide investors with useful perspective on the underlying growth trends of the business and it has included in the earnings release a full reconciliation of certain non-GAAP financial measures to the most comparable GAAP measures, which can be found on SpartanNash’s website at www.spartannash.com/investors. And now it is my pleasure to turn the call over to Tony.

Tony Sarsam

Thank you Kayleigh and good morning everyone. I'd like to start by welcoming our new class of summer interns to the SpartanNash family. This is our largest cohort yet and we're excited to continue growing our internship program. This pipeline of diverse young leaders brings fresh perspectives and creative problem solving to our business. These interns will receive meaningful assignments and mentorship to help them grow and hopefully stay at SpartanNash. It is going to be a great summer.