Dr Pepper Snapple Group's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Dr Pepper Snapple Group (DPS)

Q1 2012 Earnings Call

April 25, 2012 11:00 am ET

Executives

Carolyn Ross - Vice President of Investor Relations

Larry D. Young - Chief Executive Officer, President, Director, Member of Special Award Committee and Member of Capital Transaction Committee

Martin M. Ellen - Chief Financial Officer and Executive Vice President

Analysts

Stephen Powers - Sanford C. Bernstein & Co., LLC., Research Division

John A. Faucher - JP Morgan Chase & Co, Research Division

Brett Cooper - Consumer Edge Research, LLC

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

William Schmitz - Deutsche Bank AG, Research Division

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

Bryan D. Spillane - BofA Merrill Lynch, Research Division

Brendan Metrano - Wells Fargo Securities, LLC, Research Division

Dara W. Mohsenian - Morgan Stanley, Research Division

Damian Witkowski - Gabelli & Company, Inc.

Caroline S. Levy - Credit Agricole Securities (USA) Inc., Research Division

Presentation

Operator

Good morning, and welcome to Dr Pepper Snapple Group's First Quarter 2012 Earnings Conference Call. [Operator Instructions] Today's call is being recorded and includes a slide presentation which can be accessed at www.drpeppersnapple.com. The call and slides will also be available for replay and download after the call has ended. [Operator Instructions] It is now my pleasure to introduce Carolyn Ross, Vice President, Investor Relation. Carolyn, you may begin.

Carolyn Ross

Thank you, Jackie, and good morning, everyone. Before we begin, I would like to direct your attention to the Safe Harbor statement and remind you that this conference call contains forward-looking statements, including statements concerning our future financial and operational performance. These forward-looking statements should also be considered in connection with cautionary statements and disclaimers contained in the Safe Harbor statement in this morning's earnings press release and our SEC filings. Our actual performance could differ materially from these statements, and we undertake no duty to update these forward-looking statements.

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