SUPERVALU (SVU) Q1 2011 Earnings Call July 27, 2010 10:00 am ET Executives Kenneth Levy - Pamela Knous - Chief Financial Officer and Executive Vice President Craig Herkert - Chief Executive Officer, President and Director Analysts Edward Kelly - Crédit Suisse AG Meredith Adler - Barclays Capital Scott Mushkin - Jefferies & Company, Inc. Karen Short - BMO Capital Markets U.S. Ajay Jain - UBS Mark Wiltamuth - Morgan Stanley Deborah Weinswig - Citigroup Inc Neil Currie - UBS Investment Bank Charles Cerankosky - Northcoast Research PresentationOperator
Good morning. My name is Carmen, and I will be your conference operator today. At this time, I would like to welcome everyone to SUPERVALU's First Quarter 2011 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Ken Levy, Vice President of Investor Relations. Sir, you may begin. Kenneth Levy Thank you, Carmen. I want to welcome everyone to SUPERVALU's First Quarter 2011 Earnings Conference Call. Joining me on today's call are Craig Herkert, SUPERVALU's Chief Executive Officer and President; and Pam Knous, Executive Vice President and Chief Financial Officer. Following prepared remarks, we will open up the call for your questions. [Operator Instructions] The information presented and discussed today includes forward-looking statements, which are made under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties related to such statements are detailed in our most recent 10-K filing. A replay of today's call will be available on our corporate website at www.supervalu.com. With that, I will now turn the call over to Craig Herkert.