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Sonic's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Sonic (SONC)

Q1 2012 Earnings Call

January 04, 2012 5:00 pm ET

Executives

J. Clifford Hudson - Chairman and Chief Executive Officer

Stephen C. Vaughan - Chief Financial Officer and Executive Vice President

W. Scott McLain - President and President of Sonic Industries Services Inc

Claudia San Pedro - Treasurer and Vice President of Investor Relations

Analysts

Peter Saleh - Telsey Advisory Group LLC

Keith Siegner - Crédit Suisse AG, Research Division

Howard W. Penney - Hedgeye Risk Management LLC

Jake R. Bartlett - Susquehanna Financial Group, LLLP, Research Division

Nicole Miller Regan - Piper Jaffray Companies, Research Division

John S. Glass - Morgan Stanley, Research Division

Matthew J. DiFrisco - Lazard Capital Markets LLC, Research Division

Sharon Zackfia - William Blair & Company L.L.C., Research Division

John Dravenstott - KeyBanc Capital Markets Inc., Research Division

Robert M. Derrington - Morgan Keegan & Company, Inc., Research Division

Jeffrey Andrew Bernstein - Barclays Capital, Research Division

Brian J. Bittner - Oppenheimer & Co. Inc., Research Division

Joseph T. Buckley - BofA Merrill Lynch, Research Division

Michael W. Gallo - CL King & Associates, Inc.

Larry Miller - RBC Capital Markets, LLC, Research Division

Will Slabaugh - Stephens Inc., Research Division

Christopher T. O'Cull - SunTrust Robinson Humphrey, Inc., Research Division

Presentation

Operator

Hello, and good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to today's Sonic Corporation First Quarter 2012 Earnings Conference Call. [Operator Instructions] As a reminder, today's conference is being recorded. I would now like to turn the conference over to Ms. Claudia San Pedro, Vice President of Investor Relations. Please go ahead, Ms. San Pedro.

Claudia San Pedro

Good afternoon, everyone. We are pleased to host this conference call regarding results issued this afternoon for the first quarter fiscal year 2012 which ended on November 30, 2011.

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