Greg Lemenchick | Director, IR |
Todd Penegor | President and CEO |
Gunther Plosch | CFO |
Brian Bittner | Oppenheimer |
Will Slabaugh | Stephens Inc. |
Andrew Charles | Cowen & Company |
David Palmer | Evercore ISI |
Matthew Difrisco | Guggenheim Securities |
Gregory Francfort | Bank of America Merrill Lynch |
Nicole Miller | Piper Jaffray |
Dennis Geiger | UBS |
Chris O'Cull | Stifel Nicolaus |
Katherine Fogertey | Goldman Sachs |
Andrew Strelzik | BMO Capital Markets |
Patrice Chen | JPMorgan |
Jake Bartlett | SunTrust |
Good morning. Welcome to the Wendy's Company Earnings Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator instructions] Thank you.