The Valspar Corporation (VAL)
F3Q12 Earnings Call
August 14, 2012 11:00 a.m. ET
Lori Walker – SVP and CFO
Gary Hendrickson – President and CEO
Saul Ludwig – Northcoast Research
Steven Schwartz – First Analysis
Ram Sivalingam - Deutsche Bank
Brian Maguire - Goldman Sachs
John Mcnulty – Credit Suisse
Ivan Marcuse – Keybanc Capital Markets
Eugene Fedotoff - Longbow Research
Nils Wallin – CLSA
Phil Kirkman - Susquehanna International Group
Michael Hamilton - RBC Wealth Management
Kevin Hocevar - Northcoast Research
Ladies and gentlemen, thank you for standing by. Welcome to the third quarter conference call. At this time, all participants are in a listen-only mode. Later, we will take your questions. (Operator Instructions) As a reminder, this conference is being recorded.
I’d now like to turn the conference over to our host, CFO Lori Walker. Please go ahead.
Good morning, and welcome to our fiscal 2012 third quarter earnings conference call. Gary Hendrickson, our Chairman 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 that contains much of the information that we'll be covering in the call. This call is subject to 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 begin by covering our results for the quarter, Gary will provide some context and then we’ll respond to your questions.