Constellation Brands, Inc. (STZ) F1Q11 (Qtr End 05/31/2010) Earnings Call July 1, 2010 10:30 a.m. ET Executives Patty Yahn-Urlaub - VP, IR Rob Sands - President and CEO Bob Ryder - CFO Analysts Vivien Azer - Citigroup Tim Ramey - D.A. Davidson Reza Vahabzadeh - Barclays Capital Lauren Torres - HSBC Lindsay Drucker-Mann - Goldman Sachs Mark Swartzberg - Stifel Nicolaus Kevin Dryer - Gabelli & Company Christine Farkas - Merrill Lynch Carla Casella - JPMorgan PresentationOperator
At this time I would like to welcome everyone to the Constellation Brands first quarter 2011 earnings conference call. (Operator Instructions) I would now like to turn the call over to Patty Yahn-Urlaub, Vice President, Investor Relations. Patty Yahn-Urlaub Good morning everyone and welcome to Constellation's first quarter fiscal 2011 conference call. I am here this morning with Rob Sands, our President and Chief Executive Officer; and Bob Ryder, our Chief Financial Officer. This call complements our news release which has also been furnished to the SEC. During the call, we may discuss financial information on a GAAP comparable organic and constant currency basis. However, discussions will generally focus on comparable basis financial results. Reconciliations between the most directly comparable GAAP measure, and these and other non-GAAP financial measures are included in the news release or otherwise available on the company's website at www.cbrands.com under the Investor section. Please also be aware that we may make forward-looking statements during this call. Although statements represent our best estimates and expectations, actual results could differ materially from our estimates and expectations. For a detailed list of risk factors that may impact the company's estimates, please refer to the news release and Constellation's SEC filings.