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Safeway Inc., 2012 Guidance/Update Call, Mar 06, 2012

Safeway Inc. (SWY)

March 06, 2012 8:00 am ET

Executives

Melissa C. Plaisance - Senior Vice President of Finance & Investor Relations

Steven A. Burd - Executive Chairman, Chief Executive Officer, President and Chairman of Executive Committee

Robert L. Edwards - Chief Financial Officer and Executive Vice President

Diane M. Dietz - Chief Marketing Officer and Executive Vice President

William Y. Tauscher - Independent Director and Member of Executive Committee

Analysts

John Heinbockel - Guggenheim Securities, LLC, Research Division

Unknown Analyst

Mark Wiltamuth - Morgan Stanley, Research Division

Kenneth Goldman - JP Morgan Chase & Co, Research Division

Edward J. Kelly - Crédit Suisse AG, Research Division

Presentation

Melissa C. Plaisance

Good morning, everyone. I'm Melissa Plaisance, Senior Vice President of Finance and Investor Relations for Safeway, and on behalf of the management team, I'm very pleased to welcome you to Safeway's 2012 Investor Conference. We have those of you here at the Waldorf in New York, as well as those of you who are listening in via webcast. We welcome you, all.

As you may know, we put out a press release about an hour ago, and we filed an 8-K with a handful of slides that were deemed material. So those will be available for you on www.safeway.com under the Investor Relations tab. And as it has been a tradition for us, we like to kick off the meeting with a brief video that'll give you a sense of many of the topics we're going to cover today.

[Presentation]

Now before we have Steve Burd, our Chairman, President and CEO, come up and begin the meeting, I'd like you to take a listen to the Safe Harbor language.

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