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The Valspar's CEO Discusses F1Q12 Results - Earnings Call Transcript

The Valspar Corporation (VAL)

F1Q12 (Qtr End 01/27/2012) Earnings Call

February 14, 2012 11:00 am ET

Executives

Lori Walker - SVP and CFO

Gary Hendrickson - President and CEO

Analysts

Silke Kueck - JPMorgan

Nils Wallin - CLSA

Abhi Rajendran - Credit Suisse

Don Carson - Susquehanna Financial

Rosemarie Morbelli - Gabelli & Company

Chris Nocella - Barclays Capital

Saul Ludwig - Northcoast Research

James Sheehan - Deutsche Bank

Bob Koort - Goldman Sachs

P. J. Juvekar - Citi

Steve Schwartz - First Analysis

Dmitry Silversteyn - Longbow Research

Andrew Don - KeyBanc Capital Markets

Mike Hamilton - RBC

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the first quarter earnings conference call. (Operator Instructions) And I would now like to turn the conference over to our host, Lori Walker, Senior Vice President and Chief Financial Officer.

Lori Walker

Good morning and welcome to our earnings conference call. Today we'll be covering results for the first quarter. Gary Hendrickson, our President and Chief Executive Officer, is with me on our call this morning.

Before we begin, I'll direct your attention to the press release we issued this morning, which contains much of the information that we'll be covering in the call. This call is subject to the forward-looking statements language contained in our press release and our comments may include forward-looking statements as that term is defined by Securities law.

This morning I'll cover our results for the quarter. Gary will make a few comments. And then we'll respond to your questions.

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