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Staples Management Discusses Q1 2012 Results - Earnings Call Transcript

Staples (SPLS)

Q1 2012 Earnings Call

May 16, 2012 9:00 am ET

Executives

Chris Powers

Ronald L. Sargent - Chairman, Chief Executive Officer and Chairman of Executive Committee

Michael A. Miles - President, Chief Operating Officer and President of Staples International

Christine T. Komola - Chief Financial Officer, Principal Accounting Officer and Senior Vice President

Demos Parneros - President of US Retail Stores

Joseph G. Doody - President of North American Delivery

Analysts

Gary Balter - Crédit Suisse AG, Research Division

Bradley B. Thomas - KeyBanc Capital Markets Inc., Research Division

Daniel T. Binder - Jefferies & Company, Inc., Research Division

Christopher Horvers - JP Morgan Chase & Co, Research Division

Gregory S. Melich - ISI Group Inc., Research Division

Michael Lasser - UBS Investment Bank, Research Division

Kate McShane - Citigroup Inc, Research Division

Colin McGranahan - Sanford C. Bernstein & Co., LLC., Research Division

Matthew J. Fassler - Goldman Sachs Group Inc., Research Division

David Gober - Morgan Stanley, Research Division

Alan M. Rifkin - Barclays Capital, Research Division

Jeremy Ridder Brunelli - Consumer Edge Research, LLC

Joseph I. Feldman - Telsey Advisory Group LLC

Gregory Hessler

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the First Quarter 2012 Staples Inc. Earnings Conference Call. My name is Anne, and I will be your coordinator for today's call. As a reminder, this conference is being recorded for replay purposes. [Operator Instructions] I would now like to turn the presentation over to Mr. Chris Powers, Director of Investor Relations. Please proceed, sir.

Chris Powers

Thanks, Anne. Good morning, everyone, and thanks you for joining us for our first quarter 2012 earnings announcement. During today's call, we will discuss certain non-GAAP metrics to provide investors with useful information about our financial performance. Please see the Financial Measures and Other Data section of the Investor Information portion of www.staples.com for an explanation and reconciliation of such measures and other calculations of financial measures that we use to analyze our business.

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