The Wendy's (WEN) Q4 2011 Earnings Call March 01, 2012 10:00 am ET Executives John D. Barker - Chief Communications Officer and Senior Vice President Stephen E. Hare - Chief Financial Officer and Senior Vice President Emil J. Brolick - Chief Executive Officer, President and Director Analysts Michael W. Gallo - CL King & Associates, Inc. Joseph T. Buckley - BofA Merrill Lynch, Research Division Jason West - Deutsche Bank AG, Research Division Christopher T. O'Cull - SunTrust Robinson Humphrey, Inc., Research Division Jeffrey Andrew Bernstein - Barclays Capital, Research Division David Palmer - UBS Investment Bank, Research Division Mitchell J. Speiser - Buckingham Research Group Incorporated Reza Vahabzadeh - Barclays Capital, Research Division John W. Ivankoe - JP Morgan Chase & Co, Research Division Sara H. Senatore - Sanford C. Bernstein & Co., LLC., Research Division PresentationOperator
Good morning, and welcome to The Wendy's Company's Q4 2011 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Mr. John Barker, Chief Communications Officer. Please go ahead, sir. John D. Barker Thank you. Good morning, everybody. I'm happy you could join us for the call. This morning, we issued our audited fourth quarter and full year 2011 earnings release and we filed our Form 10-K. And as we noted in the release, the audited results were the same as the preliminary results we issued on January 30. The agenda today, we'll start with the review of our fourth quarter and full year financial results from our Chief Financial Officer, Steve Hare. And then our President and CEO, Emil Brolick, will give an update on Wendy's Recipe to Win and the progress that we have on many of our key initiatives. And then finally, we will open up the line for questions.