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ANN INC Management Discusses Q2 2012 Results - Earnings Call Transcript

ANN INC (ANN)

Q2 2012 Earnings Call

August 17, 2012 8:30 am ET

Executives

Judith Lord

Katherine Lawther Krill - Chief Executive Officer, President and Executive Director

Michael J. Nicholson - Chief Financial Officer, Principal Accounting Officer, Executive Vice President and Treasurer

Analysts

Kimberly C. Greenberger - Morgan Stanley, Research Division

Dana Lauren Telsey - Telsey Advisory Group LLC

Roxanne Meyer - UBS Investment Bank, Research Division

Janet Kloppenburg

Lorraine Maikis Hutchinson - BofA Merrill Lynch, Research Division

Brian J. Tunick - JP Morgan Chase & Co, Research Division

Anna A. Andreeva - FBR Capital Markets & Co., Research Division

Robin S. Murchison - SunTrust Robinson Humphrey, Inc., Research Division

Marni Shapiro - The Retail Tracker

Betty Y. Chen - Wedbush Securities Inc., Research Division

Presentation

Operator

Good morning, ladies and gentlemen, and welcome to the ANN INC.'s Second Quarter 2012 Earnings Conference Call. At the request of the company, today's call is being recorded. [Operator Instructions] Following the prepared remarks by the company, you will have the opportunity to ask questions. I would now like to turn the call over to Judy Lord, Vice President, Investor Relations. Please go ahead.

Judith Lord

Good morning, everyone. We're very pleased you could join us this morning to review our results for the second quarter of fiscal 2012. I'm here this morning with Kay Krill, ANN INC.'s President and CEO; and Mike Nicholson, our CFO. Kay will begin with an overview of the quarter and a brief update on our strategic initiatives, followed by Mike, who will discuss our financial results and outlook. After that, we'll open it up for your questions.

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