Sonic Automotive, Inc. (SAH)
Q2 2012 Earnings Conference Call
July 23, 2012 11:00 AM ET
David Smith - Executive Vice President, Director
David Cosper - Vice Chairman, Chief Financial Officer
Jeff Dyke - Executive Vice President, Operations
Rick Nelson – Stephens
Brett Hoselton – KeyBanc
Colin Langan – UBS
Scott Stember - Sidoti & Company
Clint Fendley – Davenport
John Murphy – Bank of America Merrill Lynch
Good morning and welcome to the Sonic Automotive’s Second Quarter Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer period. (Operator Instructions)
As a reminder, ladies and gentlemen, this call is being recorded today, Monday, July 23, 2012. Presentation materials which management will be reviewing on the conference call can be accessed on the company’s website at www.sonicautomotive.com by clicking on the Investor Relations tab under our company and choosing Webcast and Presentations on the right side of the page.
At this time, I would like to refer to the Safe Harbor statement under the Private Securities Litigation Reform Act of 1995. During this conference call, management may discuss financial projections, information or expectations about the company’s products or market, or otherwise make statements about the future. Such statements are forward-looking and subject to a number of risk and uncertainties that could cause actual results to differ materially from those statements made. These risks and uncertainties are detailed in the company’s filings with the Securities and Exchange Commission. Thank you.