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Del Frisco's Restaurant's (DFRG) CEO Norman Abdallah on Q1 2018 Results - Earnings Call Transcript

May 07, 2018 4:55 PM ETDel Frisco's Restaurant Group, Inc. (DFRG)
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Del Frisco's Restaurant Group (NASDAQ:DFRG) Q1 2018 Earnings Conference Call May 7, 2018 8:30 AM ET


Neil Thomson - CFO

Norman Abdallah - CEO

Jeff Carcara - CEO, Barteca Restaurant Group


Will Slabaugh - Stephens Inc.

Brian Vaccaro - Raymond James


Good morning, ladies and gentlemen, and thank you for standing by and welcome to the Del Frisco's Restaurant Group Incorporated First Quarter 2018 Earnings Conference Call. Today's conference is being recorded. At this time, all participants are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. Instructions will be provided for you at that time to queue up for a question.

I would now like to turn the conference over to Neil Thomson, Chief Financial Officer. Please go ahead, sir.

Neil Thomson

Thank you, Mindy. Good morning, everyone and thank you for your time and interest in Del Frisco's Restaurant Group. I am joined here today in our restaurant support center by Norman Abdallah, our Chief Executive Officer; and Jeff Carcara Chief Executive Officer of Barteca Restaurant Group. After Norman and I deliver our prepared remarks, all three of us will be happy to take your questions.

As you have probably already seen, we shoot two press releases this morning: the first regarding our intention to acquire Barteca Restaurant Group; and the second outstanding earnings press release. Both may be found in our newly designed corporate website, www.dfrg.com and the Investor Relations section as well as on numerous financial website. We've also uploaded a brief investor presentation on the acquisition and the rationale behind it at our Investor Relations website that will accompany our prepared remarks this morning. We therefore urge you to follow along.

But first, let me read our Safe Harbor statement. As part of our discussion today, we will include forward-looking statements, including

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