O'Reilly Automotive (ORLY) Q3 2011 Earnings Call October 27, 2011 11:00 am ET Executives Ted F. Wise - Co-President and Chief Operating Officer Thomas G. McFall - Chief Financial Officer, Principal Accounting Officer and Executive Vice President of Finance Gregory L. Henslee - Chief Executive Officer and Co-President Analysts Scot Ciccarelli - RBC Capital Markets, LLC, Research Division Alan M. Rifkin - Barclays Capital, Research Division Matthew J. Fassler - Goldman Sachs Group Inc., Research Division Kate McShane - Citigroup Inc, Research Division Simeon Gutman - Crédit Suisse AG, Research Division Michael Baker - Deutsche Bank AG, Research Division Anthony F. Cristello - BB&T Capital Markets, Research Division Daniel R. Wewer - Raymond James & Associates, Inc., Research Division Brian W. Nagel - Oppenheimer & Co. Inc., Research Division PresentationOperator
Good morning. My name is Jared and I'll be your conference operator today. At this time, I would like to welcome everyone to the O'Reilly Automotive Third Quarter Earnings Call. [Operator Instructions] Mr. McFall, you may begin your conference. Thomas G. McFall Thank you, Jared. Good morning, everyone and welcome to our conference call. Before I introduce Greg Henslee, our CEO, we have a brief statement. The company claims the protection of the safe harbor for forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by forward-looking words such as expect, believe, anticipate, should, plan, intend, estimate, project, will or similar words. In addition, statements contained within this conference call that are not historical facts are forward-looking statements, such as statements discussing among other things, expected growth, store development, integration expansion strategy, business strategies, future revenue and future performance. These forward-looking statements are based on estimates, projections, beliefs and assumptions and are not guarantees of future events and results. Such statements are subject to risks, uncertainties and assumptions, including but not limited to, competition, product demand, the market for auto parts, the economy in general, inflation, consumer debt levels, governmental approvals, our increased debt levels, credit ratings on our public debt, our ability to hire and retain qualified employees, risks associated with the performance of acquired businesses such as CSK Auto Corporation, weather, terrorist activities, war and the threat of war. Actual results may materially differ from anticipated results described or implied in these forward-looking statements. Please refer to the Risk Factors section of the company's Form 10-K for the year ended December 31, 2010 for more details. At this time, I'd like to introduce Greg Henslee.