Constellation Brands' CEO Discusses Q4 2012 Results - Earnings Call Transcript

Constellation Brands (STZ)

Q4 2012 Earnings Call

April 05, 2012 10:30 am ET

Executives

Patty Yahn-Urlaub - Vice President of Investor Relations

Robert Sands - Chief Executive Officer, President and Director

Robert P. Ryder - Chief Financial Officer, Principal Accounting Officer and Executive Vice President

Analysts

Kaumil S. Gajrawala - UBS Investment Bank, Research Division

Judy E. Hong - Goldman Sachs Group Inc., Research Division

Lauren Torres - HSBC, Research Division

Timothy S. Ramey - D.A. Davidson & Co., Research Division

Brett Cooper - Consumer Edge Research, LLC

Reza Vahabzadeh - Barclays Capital Inc.

Mark Swartzberg - Stifel, Nicolaus & Co., Inc., Research Division

Gary Albanese - Auriga USA LLC, Research Division

Kevin V. Dreyer - GAMCO Investors, Inc.

Bryan D. Spillane - BofA Merrill Lynch, Research Division

Presentation

Operator

Good morning. My name is Maria, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Constellation Brands Fourth Quarter and Fiscal Year 2012 Full Year Earnings Report. [Operator Instructions]

I would now turn the conference over to Patty Yahn-Urlaub, Vice President of Investor Relations, for opening comments. Please go ahead.

Patty Yahn-Urlaub

Thank you, Maria. Good morning, everyone, and welcome to Constellation's Fourth Quarter and Fiscal Year End 2012 Conference Call. I'm here this morning with Rob Sands, our President and Chief Executive Officer; and Bob Ryder, our Chief Financial Officer.

This call complements our news release, which has been also been furnished to the SEC. During this call, we may discuss financial information on a GAAP, comparable, organic and constant-currency basis. However, discussions will generally focus on comparable financial results. Reconciliations between the most directly comparable GAAP measure and these and other non-GAAP financial measures are included in the news release or otherwise available on the company's website at www.cbrands.com under the Investors section in Financial History.

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