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G&K Services CEO Discusses F1Q2011 Results – Earnings Call Transcript

G&K Services, Inc. ( GKSR)

F1Q2011 Earnings Call Transcript

November 2, 2010 11:00 am ET

Executives

Shayn Carlson – Director, IR

Doug Milroy – CEO

Jeff Wright – EVP and CFO

Analysts

Andrew Steinerman – J.P. Morgan

Chris McGinnis – Sidoti & Company

Alek Gasiel – Barrington Research

Presentation

Operator

Good morning. My name is Philip, and I will be your conference operator today. At this time, I would like to welcome everyone to the G&K Services fiscal 2011 first quarter earnings 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. (Operator Instructions) Thank you. Mr. Carlson, you may begin the conference.

Shayn Carlson

Good morning. I am Shayn Carlson, Director of Investor Relations for G&K Services. Thank you for joining our call today to discuss fiscal 2011 first quarter results. With me today is Doug Milroy, our Chief Executive Officer; and, Jeff Wright, our Executive Vice President and Chief Financial Officer. After a discussion of first quarter results, we will open the call for questions.

Before we begin, all statements made on this call concerning our intentions, expectations, or predictions about future results or events are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect our current expectations or beliefs and are subject to risks and uncertainties that could cause actual results or events to vary from stated expectations, which could be material and adverse. You are cautioned to not place undue reliance on these statements and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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