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July 26, 2012 10:00 am ET
William L. McComb - Chief Executive Officer and Executive Director
George M. Carrara - Chief Financial Officer, Chief Operating Officer and Executive Vice President
Andrew C. Warren - Former Chief Financial Officer and Executive Vice President
Edward J. Yruma - KeyBanc Capital Markets Inc., Research Division
Corinna L. Freedman - Wedbush Securities Inc., Research Division
Mary Ross Gilbert - Imperial Capital, LLC, Research Division
Jessica Schoen - Barclays Capital, Research Division
James Andrew Chartier - Monness, Crespi, Hardt & Co., Inc., Research Division
Robin S. Murchison - SunTrust Robinson Humphrey, Inc., Research Division
Carla Casella - JP Morgan Chase & Co, Research Division
Good morning, everyone, and welcome to the Fifth & Pacific Companies, Inc. Second Quarter 2012 Conference Call hosted by Chief Executive Officer Bill McComb. [Operator Instructions] This call is being recorded and is copyrighted material. Therefore, please note that it cannot be recorded, transcribed or rebroadcasted without Fifth & Pacific's permission. Your participation implies compliance with these requirements. If you do not agree, simply drop off the line.
Please note that there will be a slide presentation accompanying the prepared remarks. The slides and earnings release can be accessed at www.fifthandpacific.com in the Investor Relations section. There are separate links to the slides for the webcast and phone participants.
Please note that statements made during this call that relate to the company's future performance and future events are forward-looking statements within the Private Securities Litigation Reform Act. These forward-looking statements are based on current expectations and are subject to the qualifications set out in this morning's press release, as well as in the company's 2011 annual report on Form 10-K previously filed with the SEC and in its second quarter 2012 Form 10-Q under the captions Item 1A, risk factors and statement regarding forward-looking statements, which is being filed with the SEC. The company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.