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Steelcase's CEO Discusses Q3 2012 Results - Earnings Call Transcript

Steelcase (SCS)

Q3 2012 Earnings Call

December 22, 2011 11:00 am ET

Executives

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

Raj Mehan -

Unknown Executive -

Terry Lenhardt -

David C. Sylvester - Chief Financial Officer and Senior Vice President

Analysts

Budd Bugatch - Raymond James & Associates, Inc., Research Division

Todd A. Schwartzman - Sidoti & Company, LLC

Leah Villalobos - Longbow Research LLC

Jeffrey Matthews - RAM Partners, L.P.

Matthew S. McCall - BB&T Capital Markets, Research Division

Presentation

Operator

Good day, everyone, and welcome to Steelcase's Third Quarter Fiscal 2012 Conference Call. As a reminder, today's call is being recorded. For opening remarks and introductions, I would now like to turn the call over to Mr. Raj Mehan, Director of Investor Relations.

Raj Mehan

Thank you, Javon. Good morning, everyone, and happy holidays. Thank you for joining us for the recap of our third 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; Mark Mossing, Corporate Controller and Chief Accounting Officer; and Terry Lenhardt, Vice President Finance for the Americas and EMEA segments.

Our third quarter earnings release, which crossed the wires yesterday, is accessible on our website. This conference call is being webcast. Presentation slides that accompany this webcast are available on ir.steelcase.com, and a replay of this call will also be posted to the site later today. In addition to our prepared remarks, we will respond to questions from investors and analysts. Our discussion today will include references to non-GAAP financial measures. These measures are presented because management uses this information to monitor and evaluate financial results and trends. Therefore, management believes this information is also useful for investors. Reconciliations to the most comparable GAAP measures are included in the earnings release and webcast slides. At this time, we're incorporating by reference into this conference call and subsequent transcript the text of our Safe Harbor Statement included in yesterday's release.

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