Jamie Caulfield | Senior Vice President of Investor Relations |
Ramon Laguarta | Chairman, President and Chief Executive Officer |
Hugh Johnston | Vice Chairman, Executive Vice President and Chief Financial Officer |
Lauren Lieberman | Barclays |
Judy Hong | Goldman Sachs |
Bryan Spillane | Bank of America |
Ali Dibadj | Bernstein |
Andrea Teixeira | JPMorgan |
Bonnie Herzog | Wells Fargo |
Vivien Azer | Cowen & Company |
Caroline Levy | Macquarie |
Steve Powers | Deutsche Bank |
Robert Ottenstein | Evercore ISI |
Amit Sharma | BMO Capital Markets |
Bill Chappell | SunTrust |
Laurent Grandet | Guggenheim |
Kevin Grundy | Jefferies |
Sean King | UBS |
Good morning and welcome to PepsiCo's First Quarter 2019 Earnings Conference Call.
Your lines have been placed on listen-only until the question-and-answer session. [Operator Instructions] Today's call is being recorded and will be archived at www.pepsico.com. It is now my pleasure to introduce Mr. Jamie Caulfield, Senior Vice President of Investor Relations.