Lorillard (LO) Q1 2012 Earnings Call April 25, 2012 9:00 am ET Executives Robert Bannon - Director of Investor Relations Murray S. Kessler - Chairman, Chief Executive Officer and President David H. Taylor - Chief Financial Officer and Executive Vice President of Finance & Planning Analysts Matthew C. Grainger - Morgan Stanley, Research Division Nik Modi - UBS Investment Bank, Research Division Judy E. Hong - Goldman Sachs Group Inc., Research Division Vivien Azer - Citigroup Inc, Research Division Thilo Wrede - Jefferies & Company, Inc., Research Division Christopher Growe - Stifel, Nicolaus & Co., Inc., Research Division Andrew Kieley - Deutsche Bank AG, Research Division Ann H. Gurkin - Davenport & Company, LLC, Research Division Christopher Ferrara - BofA Merrill Lynch, Research Division Erik A. Bloomquist - Berenberg Bank, Research Division David J. Adelman - Morgan Stanley, Research Division PresentationOperator
Good day, ladies and gentlemen, and welcome to the Lorillard Inc. First Quarter 2012 Earnings Conference Call. My name is Ashley, and I will be your conference operator for today's call. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes. At this time, I would like to turn the conference over to your host for today's call, Mr. Bob Bannon. You may begin, sir. Robert Bannon Thank you, Ashley, and good morning, everyone. I'm Bob Bannon, Lorillard's Director of Investor Relations, and joining me on today's call are Murray Kessler, Lorillard's Chairman, President and Chief Executive Officer; and David Taylor, its Chief Financial Officer. By now, you should have received a copy of our first quarter 2012 earnings release. It can be found on the company's website, lorillard.com, under News Releases.