Safeway (SWY) Q1 2012 Earnings Call April 26, 2012 11:00 am ET Executives Melissa C. Plaisance - Senior Vice President of Finance & Investor Relations Steven A. Burd - Executive Chairman, Chief Executive Officer and Chairman of Executive Committee Robert L. Edwards - President and Chief Financial Officer Analysts John Heinbockel - Guggenheim Securities, LLC, Research Division Kenneth Goldman - JP Morgan Chase & Co, Research Division Charles X. Grom - Deutsche Bank AG, Research Division Edward J. Kelly - Crédit Suisse AG, Research Division Scott Andrew Mushkin - Jefferies & Company, Inc., Research Division Meredith Adler - Barclays Capital, Research Division Charles Edward Cerankosky - Northcoast Research Karen F. Short - BMO Capital Markets U.S. Colin Guheen - Cowen and Company, LLC, Research Division Deborah L. Weinswig - Citigroup Inc, Research Division Andrew P. Wolf - BB&T Capital Markets, Research Division PresentationOperator
Welcome to the Safeway First Quarter Earnings Conference Call. [Operator Instructions] I will now turn the call over to Ms. Melissa Plaisance, Safeway's Senior Vice President of Finance. Please go ahead. Melissa C. Plaisance Good morning, everyone, and thank you for joining us for Safeway's First Quarter Earnings Call. With me today are Steve Burd, our Chairman and CEO; and Robert Edwards, President and Chief Financial Officer. Before I hand the call over to Steve, I'd like to remind you that management will make statements during this call that will include forward-looking statements within the meaning of the Federal Securities laws. Forward-looking statements contain information about our future operating or financial performance. Forward-looking statements are based on our current expectations and assumptions, and involve risks and uncertainties that could cause actual results or events to be materially different from those anticipated. However, we undertake no obligation to update or revise any such statements as a result of new information, future events or otherwise. For a list and description of those risks and uncertainties, please see our filings with the SEC.