Tiffany Willis | Vice President of Investor Relations |
Howard Schultz | Interim Chief Executive Officer |
Brady Brewer | Executive Vice President and Chief Marketing Officer |
Rachel Ruggeri | Executive Vice President and Chief Financial Officer |
Belinda Wong | Chairwoman and Chief Executive Officer, Starbucks China |
Frank Britt | Executive Vice President, Chief Reinvention Officer |
Michael Conway | Group President of International and Channel Development |
Sara Trilling | Executive Vice President and President, Starbucks North America |
Jeffrey Bernstein | Barclays |
Sara Senatore | Bank of America |
David Palmer | Evercore ISI |
John Ivankoe | JPMorgan |
Andrew Charles | Cowen |
Peter Saleh | BTIG |
Lauren Silberman | Credit Suisse |
Danilo Gargiulo | Bernstein |
Jon Tower | Citigroup |
Brian Harbour | Morgan Stanley |
Good afternoon. My name is Diego, and I will be your conference operator today. I would like to welcome everyone to Starbucks First Quarter Fiscal Year 2023 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session.