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TheStreet Open House

Furniture Brands International CEO Discusses Q1 2011 - Earnings Call Transcript

Stocks in this article: FBN

Furniture Brands International Inc. ( FBN)

Q1 2011 Earnings Call

May 5, 2011 8:30 am ET

Executives

Ralph Scozzafava – Chairman, Chief Executive Officer

Steve Rolls – Senior Vice President, Chief Financial Officer

Frank Ward – Vice President, Treasurer

Analysts

Todd Schwartzman – Sidoti & Company

Brad Thomas – Keybanc Capital Markets

Barry Vogel – Barry Vogel & Associates

TJ McConville – Raymond James

Presentation

Operator

Good day ladies and gentlemen and welcome to the First Quarter 2011 Furniture Brands International Earnings conference call. My name is Tawanda and I will be your coordinator for today. At this time, all participants are in listen-only mode. Later we will facilitate a question and answer session. If at any time during the call you require operator assistance, please press star followed by zero and a coordinator will be happy to assist you. As a reminder, this conference is being recorded for replay purposes.

I would now like to turn the presentation over to Mr. Frank Ward, Vice President and Treasurer. Please proceed, sir.

Frank Ward

Thank you, Tawanda. Good morning everyone and thanks for joining us today. After I read the Safe Harbor statement, Steve Rolls, our Senior Vice President and Chief Financial Officer will go over the financial results of our first quarter. Ralph Scozzafava, our Chairman and Chief Executive Officer will then follow with a discussion of what we’re doing to drive our sales, control costs, and make the necessary investments in our brands.

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