US Foods Holding Corp. (USFD) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press star one again. We are asking callers limit their questions to one question and one follow-up. Thank you. I would now like to turn the call over to Mike Neese, SVP of Investor Relations. Please go ahead. Thank you, Lacey. Good morning, everyone, and welcome to the U.S. Foods first quarter fiscal 2025 earnings call. On today's call, we have Dave Flipman, our CEO, and Dirk LoCascio, CFO. We will take your questions after our prepared remarks conclude. Please limit yourself to one question and one follow-up. Our earnings release issued this morning and today's presentation can be found on the investor relations page of our website at ir.com. During today's call, unless otherwise stated, we're comparing our first quarter of fiscal year 2025 to the same period in fiscal year 2024. In addition to historical information, certain statements made during today's call are considered forward-looking statements. Please review the risk factors in our Form 10-K for a detailed discussion of the potential factors that could cause our actual results to differ materially from those anticipated in forward-looking statements. Lastly, during today's call, we will refer to certain non-GAAP financial measures. All reconciliations to the most comparable GAAP financial measures are included in the schedules on our earnings press release, as well as in the presentation slides posted on our website. We are not providing reconciliations to forward-looking non-GAAP financial measures. Now I'll turn the call over to Dave. Thanks, Mike. Good morning, ev...