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TheStreet Open House

Steelcase Management Discusses Q1 2013 Results - Earnings Call Transcript

Steelcase (SCS)

Q1 2013 Earnings Call

June 21, 2012 11:00 am ET

Executives

Raj Mehan

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

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

Terry Lenhardt

Analysts

Chad Bolen

Jack C. Stimac - BB&T Capital Markets, Research Division

Joshua Borstein - Longbow Research LLC

Todd A. Schwartzman - Sidoti & Company, LLC

Presentation

Operator

Good day, everyone, and welcome to Steelcase's First Quarter Fiscal 2013 Conference Call. As a reminder, today's call is being recorded. For opening remarks and introductions, I would like to turn the conference call over to Mr. Raj Mehan, Director of Investor Relations. Please go ahead.

Raj Mehan

Thank you, Stephanie. Good morning, everyone. Thank you for joining us for the recap of our first quarter 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 first quarter earnings release, which crossed the wires yesterday, is accessible on our website. This conference call is being webcast, and presentation slides that accompany this webcast are available on ir.steelcase.com. And the replay of this call will also be posted to the site later today. In addition to our prepared remarks, we'll respond to questions from investors and analysts.

Our discussion today will also include references to non-GAAP financial measures. And 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 our Safe Harbor Statement included in yesterday's release. Certain statements made within the release and during this conference call constitute forward-looking statements. There are risks associated with the use of this information for investment decision-making purposes.

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