Welcome to the Campbell’s Company Q1 2025 Earnings Conference Call, held on December 4, 2024, at 8:00 AM ET. I’m thrilled to have you with us today. Presenting from our team are Rebecca Gardy, our Chief Investor Relations Officer, Mark Clouse, our CEO, and Carrie Anderson, our CFO.
Joining us for this session, we have conference call participants including Ken Goldman from JPMorgan, Andrew Lazar with Barclays, Peter Galbo from Bank of America, Robert Moskow of TD Cowen, and Jim Salera from Stephens. We anticipate an engaging session, focusing on our financial progress.
As we begin, all participants are in listen-only mode. Post our presentations, we’ll open the floor for a question-and-answer session. Remember, we are recording this call for future reference.
Now, let me hand things over to Rebecca Gardy, our Chief Investor Relations Officer. Rebecca, the floor is yours.
Rebecca Gardy:
Good morning, everyone, and a warm welcome to our first quarter fiscal ’25 earnings conference call at Campbell’s. I’m Rebecca Gardy. Alongside me today are Mark Clouse and Carrie Anderson. Our remarks today have been prerecorded, but following them, we’ll switch gears to a live Q&A session via webcast.
You can find our prepared remarks, along with the slide deck and our earnings press release, uploaded in the Investor Relations section at thecampbellscompany.com. Once the Q&A wraps up, a replay of this webcast will be available in the same spot, with a full transcript posted within 24 hours.
Slide 2 of our presentation outlines today’s agenda. Mark will kick things off by sharing insights into our performance over the first quarter and dive deeper into the performance of each division using in-market data, now sourced through Circana MULO+ starting this quarter. Carrie will take over thereafter, delving into financial results for the quarter and reiterating our guidance for the full fiscal year 2025, which we confirmed just last night.