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TheStreet Open House

Newell Rubbermaid's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Newell Rubbermaid (NWL)

Q1 2012 Earnings Call

April 27, 2012 10:00 am ET

Executives

Nancy O'Donnell - Vice President of Investor Relations

Michael B. Polk - Chief Executive Officer, President and Director

Juan R. Figuereo - Chief Financial Officer and Executive Vice President

Analysts

Christopher Ferrara - BofA Merrill Lynch, Research Division

Constance Marie Maneaty - BMO Capital Markets U.S.

William Schmitz - Deutsche Bank AG, Research Division

Jason Gere - RBC Capital Markets, LLC, Research Division

Joseph Altobello - Oppenheimer & Co. Inc., Research Division

William B. Chappell - SunTrust Robinson Humphrey, Inc., Research Division

Lauren R. Lieberman - Barclays Capital, Research Division

Lauren DeSanto - Morningstar Inc., Research Division

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

Dara W. Mohsenian - Morgan Stanley, Research Division

Linda Bolton-Weiser - Caris & Company, Inc., Research Division

Presentation

Operator

Good morning, and welcome to Newell Rubbermaid's First Quarter 2012 Earnings Conference Call. [Operator Instructions] As a reminder, today's conference is being recorded. A live webcast of this call is available at newellrubbermaid.com on the Investor Relations homepage, under Events and Presentations. A slide presentation is also available for download. I will now turn the call over to Nancy O'Donnell, Vice President of Investor Relations. Ms. O'Donnell, you may begin.

Nancy O'Donnell

Great, thanks. Welcome, everyone, and thank you for joining Newell Rubbermaid's first quarter earnings call. On the call with me today are Mike Polk, President and Chief Executive Officer; and Juan Figuereo, Chief Financial Officer.

Before we begin, I'd like to remind you that our discussion this morning includes forward-looking statements. Actual results or outcomes could differ materially from management's current expectations and plans. The company undertakes no obligation to publicly update or revise any forward-looking statements. Please review the cautionary statements in the earnings release and our most recent 10-K. In addition during the call today, we will refer to certain non-GAAP or adjusted financial measures including, but not limited to, normalized operating margin and normalized earnings per share. We present this non-GAAP information for the purpose of enabling investors to better understand and analyze our ongoing results of operations. For further information on reconciliations to comparable financial measures under GAAP, please refer to our earnings release and the accompanying supplemental information available on the Investor Relations area of our website, as well as our filings with the SEC.

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