Sonic's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Sonic (SONC)

Q2 2012 Earnings Call

March 21, 2012 5:00 pm ET

Executives

Claudia San Pedro - Treasurer and Vice President of Investor Relations

J. Clifford Hudson - Chairman and Chief Executive Officer

W. Scott McLain - President and President of Sonic Industries Services Inc

Stephen C. Vaughan - Chief Financial Officer and Executive Vice President

Analysts

Jake R. Bartlett - Susquehanna Financial Group, LLLP, Research Division

Jeffrey Andrew Bernstein - Barclays Capital, Research Division

Brad Ludington - KeyBanc Capital Markets Inc., Research Division

Christopher T. O'Cull - SunTrust Robinson Humphrey, Inc., Research Division

Keith Siegner - Crédit Suisse AG, Research Division

Phan Le - Lazard Capital Markets LLC, Research Division

Will Slabaugh - Stephens Inc., Research Division

John S. Glass - Morgan Stanley, Research Division

Presentation

Operator

Hello, and good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to today's Sonic Corp. Second Quarter 2012 Earnings Conference Call. [Operator Instructions] As a reminder, today's conference is being recorded. I would now like to turn the conference over to Ms. Claudia San Pedro, Vice President of Investor Relations. Please go ahead.

Claudia San Pedro

Good afternoon, everyone. We are pleased to host this conference call regarding results issued this afternoon for the second quarter of fiscal year 2012, which ended on February 29, 2012.

Before we begin, I would like to remind everyone that comments made during this conference call that are not based on historical facts are forward-looking statements. These statements are made in reliance on the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to uncertainties and risks. It should be noted that the company's future results may differ materially from those anticipated and discussed in the forward-looking statements. Some of the factors that could cause or contribute to such differences have been described in the news release issued this afternoon, in the company's annual report on Form 10-K, quarterly reports on Form 10-Q and in other filings with the Securities and Exchange Commission. We refer you to these sources for more information.

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