Rite Aid Corporation's (RAD) CEO Heyward Donigan on Q1 2023 Results - Earnings Call Transcript

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Q1: 2022-06-23 Earnings Summary

EPS of -$0.60 beats by $0.10
 | Revenue of $6.01B (-2.38% Y/Y) beats by $286.07M

Rite Aid Corporation (RAD) Q1 2023 Earnings Conference Call June 23, 2022 8:30 AM ET

Company Participants

Byron Purcell - Investor Relations
Heyward Donigan - President & CEO
Matt Schroeder - EVP & CFO
Andre Persaud - EVP & CRO, Elixir
Chris DuPaul - COO, Elixir

Conference Call Participants

George Hill - Deutsche Bank
Elizabeth Anderson - Evercore
William Reuter - Bank of America
Karru Martinson - Jefferies
Jenna Giannelli - Goldman Sachs
Carla Casella - JPMorgan

Operator

Good morning. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Rite Aid Corporation Fiscal Year 2023 First Quarter Earnings Conference Call. [Operator Instructions]

I would now like to turn the meeting over to Byron Purcell. Please go ahead.

Byron Purcell

Thank you, Regina, and good morning, everyone. We welcome you to our fiscal 2023 first quarter earnings conference call. Heyward Donigan , President and Chief Executive Officer; and Matt Schroeder, Executive Vice President and Chief Financial Officer will begin the call with prepared remarks.

Andre Persaud, Executive Vice President and Chief Retail Officer; and Chris DuPaul, Chief Operating Officer, Elixir will also join the call during the question-and-answer session.

As we mentioned in our release, we are providing slides related to the material we'll be discussing today. These slides are provided on our website, investors.riteaid.com. While management will not be speaking directly to these slides, these slides are meant [Technical Difficulty]

Before we start, I'd like to remind you that today's conference call includes certain forward-looking statements. These forward-looking statements are presented in the context of certain risks and uncertainties that can cause actual results to differ. These risks and uncertainties are described in our press release and Item 1A of our most recent annual report on Form 10-K and

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