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TheStreet Open House

Steelcase's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Steelcase (SCS)

Q1 2012 Earnings Call

June 23, 2011 11:00 am ET

Executives

James Hackett - Chief Executive Officer, President, Director and Member of Executive Committee

Raj Mehan - IR

David Sylvester - Chief Financial Officer and Senior Vice President

Analysts

Mark Rupe - Longbow Research LLC

Chad Bolen - Raymond James

Todd Schwartzman - Sidoti & Company, LLC

Unknown Analyst -

Presentation

Operator

Good day, everyone, and welcome to Steelcase's First Quarter 2012 Conference Call. [Operator Instructions] For opening remarks and introduction, I would like to turn the conference call over to Mr. Raj Mehan, Director of Investor Relations.

Raj Mehan

Thank you, Gerard. Good morning, everyone. Thanks for joining us for the recap of our first quarter fiscal year 2012 financial results. Here with me today are Jim Hackett, our President and Chief Executive Officer; Dave Sylvester, our Chief Financial Officer; and Mark Mossing, Corporate Controller and Chief Accounting Officer.

Our first quarter earnings release which crossed the wires yesterday is accessible on our website. As a reminder, as of the end of the first quarter of fiscal year 2012, we realigned our reportable segments for financial reporting purposes, primarily as a result of the previously announced organizational changes to strengthen our position as a globally integrated enterprise. The prior period segment data contained in the news release has been reclassified to reflect this realignment. In addition, for the benefit of the investment community, supplementary tables which contain reclassified quarterly information for the prior year and annual information for the last 4 years can be found in our May 27, 2011 Form 8-K filing and in the Investor Relations section of our website under Events and Presentations.

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