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Franklin Covey's CEO Discusses FQ4 2011 Results - Earnings Call Transcript

Franklin Covey Company ( FC)

FQ4 2011 Earnings Call

November 8, 2011 05:00 pm ET

Executives

Bob Whitman – Chairman, President & Chief Executive Officer

Steve Young –Chief Financial Officer

Derek Hatch – Corporate Controller

Analysts

John Lewis – Waitrose

Joe Janssen – Barrington Research

[Don Hickman] – [Latinburg]

Bill Gibson – Legend Merchant

Jaime DeYoung – Credit Suisse

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the FQ4 2011 Franklin Covey Co. Earnings Conference Call. My name is Justhania and I’ll be your conference operator for today. (Operator instructions.) As a reminder, this conference is being recorded for replay purposes. I would now like to turn the conference over to Mr. Derek Hatch, Corporate Controller. Please proceed, Sir.

Derek Hatch

Thank you. I’d like to welcome everyone out to our earnings call this afternoon for Q4 and the fiscal year ended August 31, 2011. Before we get started I’d like remind everyone that this presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

Forward-looking statements are based upon management’s current expectations and are subject to various risks and uncertainties including but not limited to the ability of the company to stabilize and grow revenues, the ability of the company to hire productive sales professionals, general economic conditions, competition in the company’s targeted marketplace, market acceptance of new products or services and marketing strategies, changes in the company’s market share, changes in the size of the overall market for the company’s products, changes in the training and spending policies of the company’s clients and other factors identified and discussed in our most recent annual report on Form 10(k) and other periodic reports which are filed with the Securities and Exchange Commission.

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