Good morning. This is Aaron Broholm, Vice President, Investor Relations for The J.M. Smucker Company. Thank you for listening to our prepared remarks on our fiscal 2023 fourth quarter earnings.

After this brief introduction, Mark Smucker, Chair of the Board, President and Chief Executive Officer, will give an overview of the quarter’s results and an update on strategic initiatives. Tucker Marshall, Chief Financial Officer, will then provide a detailed analysis of the financial results and our fiscal 2024 outlook.

Later this morning, we will hold a separate, live question-and-answer webcast. During today’s discussion, we will make forward-looking statements that reflect our current expectations about future plans and performance. These statements rely on assumptions and estimates, and actual results may differ materially due to risks and uncertainties.

Additionally, please note we will refer to non-GAAP financial measures management uses to evaluate performance internally. I encourage you to read the full disclosure concerning forward-looking statements and details on our non-GAAP measures in this morning’s press release.

Today’s press release, a supplementary slide deck summarizing the quarterly results, management’s prepared remarks, and the Q&A webcast can all be accessed on our Investor Relations website at jmsmucker.com. We invite all interested parties to join us at 9:00 a.m.

Eastern Time today for a live question-and-answer session with management to further discuss our fourth quarter results and outlook for the full 2024 fiscal year. Please contact me if you have additional questions after today’s question-and-answer session. I will now turn the discussion over to Mark Smucker..

uncrustables sandwiches; dog snacks and cat food; and, our coffee portfolio, including expansion into new formats. We will continue to deliver long-term growth while making a meaningful, positive impact in the world and on the lives of those who count on us.

All of which is powered by our unique culture and dedicated employees, who I would like to thank for their outstanding contributions. I’ll now turn it over to Tucker to go over our quarterly financial results and fiscal year 2024 outlook in more detail..

depreciation expense of approximately $225 million, amortization expense of approximately $155 million, share-based compensation expense of $30 million, and other non-cash charges of $15 million.

In closing, we continue to be encouraged by the momentum for our business and brands, and we remain confident in our strategy and ability to deliver on the commitments we outlined today. We are in a strong financial position to deliver sustainable and consistent long-term growth for our shareholders.

And, I would like to express my appreciation for our employees. They have demonstrated their commitment to executing with excellence, and their passion for our Company positions us for continued success. Thank you..

End of Q&A:.