Rite Aid Corporation (RAD) Q3 2023 Earnings Call Transcript

Rite Aid Corporation (RAD) Q3 2023 Results Conference Call December 21, 2022 8:30 AM ET

Company Participants

Byron Purcell - Vice President, Investor Relations and Treasurer
Heyward Donigan - President & Chief Executive Officer
Matt Schroeder - Executive Vice President and Chief Financial Officer
Andre Persaud - Executive Vice President and Chief Retail Officer
Chris DuPaul - Chief Operating Officer, Elixir

Conference Call Participants

Elizabeth Anderson - Evercore ISI
George Hill - Deutsche Bank
Lisa Gill - JPMorgan
William Reuter - Bank of America
Carla Casella - JPMorgan
Karru Martinson - Jefferies

Operator

Good morning. My name is Rob, and I will be your conference operator today. At this time, I would like to welcome everyone to the Rite Aid Corporation Third Quarter Fiscal Year 2023 Earnings Conference Call. 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] Thank you.

Byron Purcell, Vice President, Investor Relations and Treasurer, you may begin your conference.

Byron Purcell

Thank you, Rob, and good morning, everyone. We welcome you to our fiscal 2023 third 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 of 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, investor.rideaid.com. While management will not be speaking directly to the slides, these slides are meant to facilitate your review of the Company's results and use as a reference document following the call.

Before we start, I'd like