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February 23, 2012 8:30 am ET
Wesley S. McDonald - Former Chief Financial Officer, Principal Accounting Officer and Senior Executive Vice President
Kevin Mansell - Chairman, Chief Executive Officer, President and Member of Executive Committee
Erika K. Maschmeyer - Robert W. Baird & Co. Incorporated, Research Division
Adrianne Shapira - Goldman Sachs Group Inc., Research Division
Deborah L. Weinswig - Citigroup Inc, Research Division
Richard Ellis Jaffe - Stifel, Nicolaus & Co., Inc., Research Division
Jeffrey P. Klinefelter - Piper Jaffray Companies, Research Division
Charles X. Grom - Deutsche Bank AG, Research Division
Wayne L. Hood - BMO Capital Markets U.S.
Lizabeth Dunn - Macquarie Research
Dana Lauren Telsey - Telsey Advisory Group LLC
Daniel T. Binder - Jefferies & Company, Inc., Research Division
Michael Exstein - Crédit Suisse AG, Research Division
Patrick McKeever - MKM Partners LLC, Research Division
Good morning. My name is Christie, and I will be your conference operator today. At this time, I would like to welcome everyone to the Kohl's Fourth Quarter and Fiscal 2011 Earnings Call. [Operator Instructions] Certain statements made on this call, including projected financial results, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Kohl's intends forward-looking terminologies such as believe, expect, may, will, should, anticipate, plans or similar expressions to identify forward-looking statements.
Such statements are subject to risks and uncertainties, which could cause Kohl's actual results to differ materially from those projected in such forward-looking statements. Such risks and uncertainties include, but are not limited to, those that are described in Item 1A in Kohl's most recent annual report on Form 10-K/A, and as maybe supplemented from time to time in Kohl's other filings with the SEC, all of which are expressly incorporated herein by reference.