Earnings Call Excerpt
Regal Entertainment Group (RGC)
Q4 2008 Earnings Call
February 19, 2009 9:30 am ET
Executives
Michael Campbell – Chairman of the Board, Chief Executive Officer
Amy Miles – Executive Vice President, Chief Financial Officer and Treasurer
Don De Laria – Vice President, Investor Relations
Analysts
Tony Wible – Janney Montgomery Scott
Analyst for James Marsh – Piper Jaffray
David Miller – Caris & Co.
Barry Scott – Credit Suisse
Ben [Mobile] – Thomas Weisel Partners
Analyst – Waterstone Capital Partners
Jake Hindelong – Monness, Crespi, Hardt & Co.
Eric Wold – Merriman, Curhan Ford & Co.
Jeffrey Logsdon – BMO Capital Markets
Barton Crockett – Lazard Capital Markets
David Gober – Morgan Stanley
Presentation
Operator
Welcome everyone to the Regal Entertainment Group fourth quarter 2008 earnings release conference call with our hosts, Mike Campbell, Chief Executive Officer of Regal Entertainment Group and Amy Miles, Chief Financial Officer of Regal Entertainment Group. (Operator Instructions)
I would now like to turn the call over to Don DeLaria, Vice President of Investor Relations.
Don De Laria
Hi and good morning. Before I begin today I would like to remind our listeners this conference call contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 as amended and section 21E of the Securities Exchange Act of 1934 as amended. All statements other than statements of historical fact communicated during this conference call may constitute forward-looking statements.
These forward-looking statements involve risks and uncertainties. Important factors that can cause actual results to differ materially from the company’s expectations are disclosed in the risk factors contained in the company’s annual report on form 10K dated February 26, 2008. All forward-looking statements are expressively qualified in their entirety by such factors.
Now I’ll turn the call over to Mike Campbell.
Michael Campbell
Thanks Don. Welcome and thank you for dialing in to our fourth quarter conference call. Today I will provide an overview of the industry and Regal’s fourth quarter results, a brief recap of the 2008 fiscal year and review current trends in the exhibition industry including some of our expectations regarding box office trends for the remainder of the first quarter and the summer 2009 film slate and also an update regarding the digital cinema roll out. Following my remarks Amy will provide a summary review of our financial results and as always we will complete the call with a question-and-answer session.
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