McDonald's (MCD) Q1 2012 Earnings Call April 20, 2012 10:00 am ET Executives Kathy Martin - James A. Skinner - Vice Chairman, Chief Executive Officer and Chairman of Executive Committee Donald Thompson - President, Chief Operating Officer and Director Peter J. Bensen - Chief Financial Officer and Executive Vice President Analysts David Palmer - UBS Investment Bank, Research Division David E. Tarantino - Robert W. Baird & Co. Incorporated, Research Division Jason West - Deutsche Bank AG, Research Division Andrew M. Barish - Jefferies & Company, Inc., Research Division Jeffrey Andrew Bernstein - Barclays Capital, Research Division John S. Glass - Morgan Stanley, Research Division Matthew J. DiFrisco - Lazard Capital Markets LLC, Research Division Joseph T. Buckley - BofA Merrill Lynch, Research Division Sara H. Senatore - Sanford C. Bernstein & Co., LLC., Research Division John W. Ivankoe - JP Morgan Chase & Co, Research Division Keith Siegner - Crédit Suisse AG, Research Division Steve Marrs - Citizens Business Bank Howard W. Penney - Hedgeye Risk Management LLC PresentationOperator
Hello, and welcome to McDonald's April 20, 2012, Investor Conference Call. At the request of McDonald's Corporation, this conference is being recorded. [Operator Instructions] I would now like to turn the conference over to Ms. Kathy Martin, Vice President of Investor Relations for McDonald's Corporation. Ms. Martin, you may begin. Kathy Martin Thank you, and good morning, everyone. With me on the call are: Chief Executive Officer Jim Skinner; Chief Operating Officer Don Thompson; and Chief Financial Officer Pete Bensen. Today's conference call is being webcast live and recorded for replay via phone, webcast and podcast.