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The Hershey's CEO Discusses Q1 2012 Results - Earnings Call Transcript

The Hershey (HSY)

Q1 2012 Earnings Call

April 24, 2012 8:30 am ET

Executives

Mark K. Pogharian - Director of Investor Relations

John P. Bilbrey - Chief Executive Officer, President, Chief Operating Officer and Director

Humberto P. Alfonso - Chief Financial Officer, Chief Administrative Officer and Executive Vice President

Analysts

Mineo Sakan - UBS Investment Bank, Research Division

Jason English - Goldman Sachs Group Inc., Research Division

Kenneth Goldman - JP Morgan Chase & Co, Research Division

Robert Moskow - Crédit Suisse AG, Research Division

Andrew Lazar - Barclays Capital, Research Division

David Driscoll - Citigroup Inc, Research Division

Bryan D. Spillane - BofA Merrill Lynch, Research Division

Christopher Growe - Stifel, Nicolaus & Co., Inc., Research Division

Unknown Analyst

Vincent Andrews - Morgan Stanley, Research Division

Gretchen Guo

Thilo Wrede - Jefferies & Company, Inc., Research Division

John Baumgartner

Eric R. Katzman - Deutsche Bank AG, Research Division

Jonathan P. Feeney - Janney Montgomery Scott LLC, Research Division

Presentation

Operator

Good morning. My name is Theresa, and I will be your conference operator today. At this time, I would like to welcome everyone to the Hershey Company First Quarter 2012 Results Conference Call. [Operator Instructions] I would now like to turn the call over to Mr. Mark Pogharian to begin. Please go ahead, sir.

Mark K. Pogharian

Thank you, Theresa. Good morning, ladies and gentlemen. Welcome to the Hershey Company's First Quarter 2012 Conference Call. J.P. Bilbrey, President and CEO; Bert Alfonso, Executive Vice President and CFO and Chief Administrative Officer; and I will represent Hershey on this morning's call. We welcome those of you listening via the webcast.

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