Mike Flores | McDonald's Corp. |
Stephen J. Easterbrook | McDonald's Corp. |
Kevin M. Ozan | McDonald's Corp. |
Sara Harkavy Senatore | Sanford C. Bernstein & Co. LLC |
Andrew Charles | Cowen and Company, LLC |
Jeffrey Bernstein | Barclays Capital, Inc. |
Brian Bittner | Oppenheimer & Co., Inc. |
David E. Tarantino | Robert W. Baird & Co., Inc. |
Karen Holthouse | Goldman Sachs & Co. LLC |
Nicole Miller Regan | Piper Jaffray & Co. |
Will Slabaugh | Stephens Inc. |
Alton K. Stump | Longbow Research LLC |
Gregory R. Francfort | Bank of America Merrill Lynch |
Matthew DiFrisco | Guggenheim Securities LLC |
John Glass | Morgan Stanley & Co. LLC |
John William Ivankoe | JPMorgan Securities LLC |
Chris O'Cull | Stifel, Nicolaus & Co., Inc. |
Matthew Robert McGinley | Evercore Group LLC |
Hello and welcome to McDonald's Second Quarter 2018 Investor Conference Call. At the request of McDonald's Corporation, this conference is being recorded.
Following today's presentation, there will be a question-and-answer session for investors. I would now like to turn the conference over to Mr. Mike Flores, Investor Relations Officer for McDonald's Corporation.