Lancaster Colony Corporation (LANC) F4Q2010 Earnings Call Transcript August 19, 2010 10:00 am ET Executives Earle Brown – IR Jay Gerlach – Chairman, President and CEO John Boylan – VP, CFO, Treasurer and Assistant Secretary Analysts Alex Bisson – Northcoast Research Shaumo Sadhukhan [ph] – Meritage Brian [ph] – Janney Montgomery Scott Greg Halter – Great Lakes Review A.J. Strasser – Cooper Creek Partners PresentationOperator
Good morning. My name is Kelly and I will be your conference operator today. At this time, I would like to welcome everyone to the Lancaster Colony Corporation's fiscal year and fourth quarter 2010 earnings conference call. Conducting today's call will be Jay Gerlach, Lancaster Colony Chairman and CEO, and John Boylan, Vice President, Treasurer and CFO. 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) Thank you. And now to begin your conference, here is Earle Brown, Lancaster Colony’s Investor Relations. Earle Brown Thank you. Good morning. Let me also say thank you for joining us today for the Lancaster Colony fiscal year and fourth quarter 2010 conference call. Now please bear with me while we take care of a few details. As with other presentations of this type, today's discussion by Jay Gerlach, Chairman and CEO, and John Boylan, Vice President, Treasurer and CFO, will contain forward-looking statements of what may happen in the future, including statements relating to Lancaster Colony's sales prospects, growth rates, expected future levels of profitability, as well as the extent of share repurchases and business acquisitions to be made by the company.