Rite Aid Corporation's (RAD) Q2 2023 Earnings Call Transcript

Rite Aid Corporation (RAD) Q2 2023 Earnings Conference Call September 29, 2022 8:30 AM ET

Company Participants

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

Conference Call Participants

Elizabeth Anderson - Evercore ISI
Lisa Gill - J.P. Morgan Chase
George Hill - Deutsche Bank
William Reuter - Bank of America Securities
Karru Martinson - Jefferies
Carla Casella - J.P. Morgan Chase

Operator

Good day and welcome to the Rite Aid Corporation Fiscal Year 2023 Second Quarter Earnings Conference Call. Please note today’s conference is being recorded. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks there will be a question-and-answer session. [Operator Instructions]. At this time I will turn the conference over to Byron Purcell, Vice President of Investor Relations and Treasurer. Mr. Purcell, you may begin your conference.

Byron Purcell

Thank you, Erica and good morning, everyone. We welcome you to our fiscal 2023 second 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 to facilitate your review of the company’s results and to be used as a reference document following the call.

Before we start, I'd like to remind you that today's conference call will include