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Fortune Brands' CEO Discusses Q2 2011 Results - Earnings Call Transcript

Fortune Brands (FO)

Q2 2011 Earnings Call

August 04, 2011 10:00 am ET

Executives

Matthew Shattock - Chief Executive Officer of Beam Global Spirits & Wine Business

Bruce Carbonari - Chairman, Chief Executive Officer and Chairman of Executive Committee

Christopher Klein - Chief Executive Officer of Fortune Brands Home & Security and President of Fortune Brands Home & Security

Craig Omtvedt - Chief Financial Officer and Senior Vice President

Analysts

Judy Hong - Goldman Sachs Group Inc.

Christine Farkas - BofA Merrill Lynch

Michael Rehaut - JP Morgan Chase & Co

Eric Bosshard - Cleveland Research Company

Peter Lisnic - Robert W. Baird & Co. Incorporated

Matthew McGinley - ISI Group Inc.

Vivien Azer - Citigroup Inc

Timothy Ramey - D.A. Davidson & Co.

Presentation

Operator

Good morning. My name is Sean, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Fortune Brands First Quarter (sic) [Second Quarter] Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Mr. Bruce Carbonari, Chairman and CEO of Fortune Brands. Sir, you may begin your call.

Bruce Carbonari

Thanks, Sean. Good morning. Welcome to our discussion of Fortune Brands 2011 second quarter results. Before we begin, please note that our presentation includes forward-looking statements. The statements are subject to risks and uncertainties, including those listed in the cautionary language at the end of our news release and our actual results could differ materially from those targeted.

This presentation also includes certain non-GAAP measures that are reconciled to the most closely comparable GAAP measures in our news release or in the supplemental information linked to the Webcast page on our website.

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