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UniFirst Corporation CEO Discusses F4Q10 Results - Earnings Call Transcript

UniFirst Corporation ( UNF)

F4Q10 (Qtr End 08/28/10) Earnings Conference Call

October 19, 2010 10 AM ET


Steve Sintros – Chief Financial Officer and Vice President of Finance

Ron Croatti – Chairman, Chief Executive Officer and President


Andrew Steinman – JP Morgan

John Healey – North Coast Research

Justin Hott – Robert W. Baird

Chris McGinnis – Sidoti & Company


Operator: Ladies and gentlemen, thank you for standing by. Welcome to the UniFirst Q4 Earnings Results Conference Call. (Operator Instructions) I would now like to turn the conference over to Steve Sintros, Chief Financial Officer. Go ahead, sir.

Steve Sintros

Thank you, and welcome to the UniFirst Corporation conference call to review our Q4 results for fiscal 2010, and to discuss our expectations going forward. I’m Steve Sintros, UniFirst’s Chief Financial Officer. Joining me is Ron Croatti, UniFirst’s President and Chief Executive Officer. This call will be on a listen-only mode until we complete our prepared remarks.

Now, before I turn the call over to Ron I would like to give a brief disclaimer. This conference call may contain forward-looking statements that reflect the company’s current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties. The words “anticipate,” “optimistic,” “believe,” “estimate,” “expect,” “intend,” and similar expressions that indicate future events and trends identify forward-looking statements.

Actual future results may differ materially from those anticipated depending on a variety of factors including but not limited to volatility in employment levels and general economic conditions, the continued availability of credit, the performance of acquisitions, fluctuations in the costs of materials, fuel, and labor; and the outcome of future and pending litigation and environmental matters. I refer you to the discussion of these points in our most recent filings with the Securities and Exchange Commission.

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