Buffalo Wild Wings (BWLD) Q2 2012 Earnings Call July 24, 2012 5:00 pm ET Executives Mary J. Twinem - Chief Financial Officer, Principal Accounting Officer, Executive Vice President and Treasurer Sally J. Smith - Chief Executive Officer, President, Director and Member of Executive Committee Analysts Brian J. Bittner - Oppenheimer & Co. Inc., Research Division Jason West - Deutsche Bank AG, Research Division David E. Tarantino - Robert W. Baird & Co. Incorporated, Research Division David Dorfman - Morgan Stanley, Research Division Jeffrey D. Farmer - Wells Fargo Securities, LLC, Research Division Will Slabaugh - Stephens Inc., Research Division Jeffrey Andrew Bernstein - Barclays Capital, Research Division Matthew J. DiFrisco - Lazard Capital Markets LLC, Research Division Larry Miller - RBC Capital Markets, LLC, Research Division PresentationOperator
Good afternoon, ladies and gentlemen. Welcome to the Buffalo Wild Wings Second Quarter 2012 Conference Call. [Operator Instructions] I would like to remind everyone that this conference is being recorded. I would now like to turn the conference over to Ms. Mary Twinem, Chief Financial Officer and Executive Vice President of Buffalo Wild Wings. Please go ahead, ma'am. Mary J. Twinem Good afternoon, and thank you for joining us as we review our second quarter 2012 results. I'm Mary Twinem, Chief Financial Officer and Executive Vice President of Buffalo Wild Wings. Joining me today is Sally Smith, our President and Chief Executive Officer. By now, everyone should have access to our second quarter earnings release. Before we get started, I remind you that during the course of today's call, various remarks we make about future expectations, plans and prospects for the company constitute forward-looking statements for purposes of the Safe Harbor provisions under the Private Securities Litigation Reform Act of 1995. Actual results may vary materially from those contained in forward-looking statements based on a number of factors, including, but not limited to, our ability to achieve and manage our planned expansion; the sales at our company-owned and franchise locations; our ability to successfully operate in new markets, including non-U.S. markets; unforeseen obstacles in developing sites, including nontraditional and non-U.S. locations; the cost of commodities; the success of our key initiatives and our advertising and marketing campaigns; our ability to control restaurant labor and other restaurant operating costs; economic conditions, including changes in consumer preferences or consumer discretionary spending; and other factors disclosed from time to time in our filings with the U.S. Securities and Exchange Commission.