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

Safeway (SWY)

Q1 2012 Earnings Call

April 26, 2012 11:00 am ET

Executives

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

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

Robert L. Edwards - President and Chief Financial Officer

Analysts

John Heinbockel - Guggenheim Securities, LLC, Research Division

Kenneth Goldman - JP Morgan Chase & Co, Research Division

Charles X. Grom - Deutsche Bank AG, Research Division

Edward J. Kelly - Crédit Suisse AG, Research Division

Scott Andrew Mushkin - Jefferies & Company, Inc., Research Division

Meredith Adler - Barclays Capital, Research Division

Charles Edward Cerankosky - Northcoast Research

Karen F. Short - BMO Capital Markets U.S.

Colin Guheen - Cowen and Company, LLC, Research Division

Deborah L. Weinswig - Citigroup Inc, Research Division

Andrew P. Wolf - BB&T Capital Markets, Research Division

Presentation

Operator

Welcome to the Safeway First Quarter Earnings Conference Call. [Operator Instructions] I will now turn the call over to Ms. Melissa Plaisance, Safeway's Senior Vice President of Finance. Please go ahead.

Melissa C. Plaisance

Good morning, everyone, and thank you for joining us for Safeway's First Quarter Earnings Call. With me today are Steve Burd, our Chairman and CEO; and Robert Edwards, President and Chief Financial Officer.

Before I hand the call over to Steve, I'd like to remind you that management will make statements during this call that will include forward-looking statements within the meaning of the Federal Securities laws. Forward-looking statements contain information about our future operating or financial performance. Forward-looking statements are based on our current expectations and assumptions, and involve risks and uncertainties that could cause actual results or events to be materially different from those anticipated. However, we undertake no obligation to update or revise any such statements as a result of new information, future events or otherwise. For a list and description of those risks and uncertainties, please see our filings with the SEC.

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