Tim Hortons Q2 2007 Earnings Call Transcript

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2007-08-06 05:00:30.0

Tags: Tim Hortons Inc.

Earnings Call Excerpt

Tim Hortons Inc. (THI)
Q2 2007 Earnings Call
August 3, 2007 8:00 AM ET

Executives

Rachel Douglas - Director of Public Affairs
Paul D. House - Chairman, Chief Executive Officer and President
Cynthia J. Devine - Chief Financial Officer, Principal Accounting Officer and Executive Vice President of Finance

Analysts

Irene Nattel - RBC Capital Markets
Steven Kron - Goldman Sachs
Jim Durran - National Bank Financial
David Hartley - BMO Capital Markets
Adina Bloom - TD Newcrest
Turan Quettawala - Scotia Capital
Joe Buckley - Bear Stearns
Glenn (inaudible) - City Investment Research
Winston Lee - Credit Suisse
Richard Piticco - CIBC World Markets
Rachel Rothman - Merrill Lynch

Presentation

Operator

Ladies and gentlemen, thank you for standing by and welcome to the Q2 2007 Tim Hortons Earnings Conference Call. During the presentation, all participants will be able to listen on remote. Afterwards we will conduct a question and answer session. At that time, if you have a question please press the ?one? followed by the ?four? on the telephone. If at any time during the conference you need to reach an operator, please press ?star? ?zero.?

As a reminder, this conference is being recorder, Friday, August the third, 2007. And it is now my pleasure to turn the conference over to Rachel Douglas, Director of Public Affairs. Please proceed.

Rachel Douglas - Director of Public Affairs

Good morning, everyone. And thanks for joining Tim Hortons second quarter financial results conference call. On the call today will be Paul House, Chairman and CEO of Tim Hortons, followed by our Executive Vice President and Chief Financial Officer, Cynthia Devine.

This call will last approximately 45 minutes. Paul will provide some general comments on the business over the quarter, followed by Cynthia, who will provide more detail on the financial results. After their remarks we will open the call for questions.

During the Q&A session, we ask that you limit yourself to one question and one follow-up, in order to allow everyone who wants to ask a question the opportunity to do so. After your question you’re welcome to get back in the queue for any other questions you may have.

I’d like to refer you to the Safe Harbor statement attached to the press release issued today and I’d like to remind everyone that certain information that we discuss today regarding future performance, such as financial expectations, goals, plans and developments, is forward-looking. Various factors could affect the company’s results and cause those results to differ materially from those expressed from our forward-looking statement.

 

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