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March 20, 2012 11:00 am ET
Stuart Haselden -
James S. Scully - Chief Administration Officer, Chief Financial Officer and Principal Accounting Officer
Libby Wadle - Executive Vice President of Retail & Factory
Karen Eltrich - Goldman Sachs Group Inc., Research Division
William M. Reuter - BofA Merrill Lynch, Research Division
Carla Casella - JP Morgan Chase & Co, Research Division
Grant Jordan - Wells Fargo Securities, LLC, Research Division
Todd Harkrider - UBS Investment Bank, Research Division
Emily E. Shanks - Barclays Capital, Research Division
Greetings, and welcome to the J. Crew Incorporated Fourth Quarter and Pro Forma Fiscal 2011 Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mr. Stuart Haselden, Treasurer of J. Crew Incorporated. Thank you. Mr. Haselden, you may begin.
Thank you for joining us to review our fourth quarter and fiscal 2011 results. With me today are Jim Scully, Chief Administrative Officer and Chief Financial Officer; Libby Wadle, Head of our J. Crew Brand; and other members of our management team.
Before we begin, I would like to remind you the company's Safe Harbor language, with which I am sure you are familiar. The statements contained in this conference call which are not historical fact may be deemed to constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual future results might differ materially from those projected in such statements due to a number of risks and uncertainties, all of which are described in the company's filings with the SEC and in the press release issued in connection with today's call.