Procter & Gamble (NYSE:PG) Q2 2012 Earnings Call January 27, 2012 8:30 AM ET
Executives
Jon R. Moeller - Chief Financial Officer
Robert A. McDonald - Chairman, Chief Executive Officer, President and Member of Proxy Committee
Teri L. List-Stoll - Senior Vice President and Treasurer
Analysts
Timothy A. Conder - Wells Fargo Securities, LLC, Research Division
Christopher Ferrara - BofA Merrill Lynch, Research Division
William B. Chappell - SunTrust Robinson Humphrey, Inc., Research Division
Linda Bolton-Weiser - Caris & Company, Inc., Research Division
Jason Gere - RBC Capital Markets, LLC, Research Division
Dara W. Mohsenian - Morgan Stanley, Research Division
Ali Dibadj - Sanford C. Bernstein & Co., LLC., Research Division
Lauren R. Lieberman - Barclays Capital, Research Division
Nik Modi - UBS Investment Bank, Research Division
William Schmitz - Deutsche Bank AG, Research Division
Alice Beebe Longley - Buckingham Research Group, Inc.
Javier Escalante - Consumer Edge Research, LLC
Mark S. Astrachan - Stifel, Nicolaus & Co., Inc., Research Division
Constance Marie Maneaty - BMO Capital Markets U.S.
John A. Faucher - JP Morgan Chase & Co, Research Division
Operator
Good day, ladies and gentlemen. [Operator Instructions] Good morning, and welcome to Procter & Gamble's Quarter-End Conference Call. Today’s discussion will include a number of forward-looking statements. If you will refer to P&G’s most recent 10-K, 10-Q and 8-K reports, you will see a discussion of factors that could cause the company’s actual results to differ materially from these projections.
As required by Regulation G, P&G needs to make you aware that during the call, the company will make a number of references to non-GAAP and other financial measures. Management believes these measures provide investors valuable information on the underlying growth trends of the business.
Organic refers to reported results, excluding the impacts of acquisitions and divestitures and foreign exchange
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