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August 29, 2012 8:30 am ET
Roxane Barry - Director of Investor Relations
Theophlius Killion - Chief Executive Officer and Director
Thomas A. Haubenstricker - Chief Financial Officer and Senior Vice President
Matthew W. Appel - Chief Administrative Officer
Rick B. Patel - BofA Merrill Lynch, Research Division
Jeffrey S. Stein - Northcoast Research
David Wu - Telsey Advisory Group LLC
William R. Armstrong - CL King & Associates, Inc.
Steven J. Kernkraut - Berman Capital Management LP
Good morning, my name is Regina, and I will be your conference operator today. I would like to welcome everyone to Zale Corporation's Fourth Quarter and Fiscal Year 2012 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Roxane Barry, Director of Investor Relations. Please go ahead.
Good morning, and thank you for joining us. Participating in today's call will be Theo Killion, Chief Executive Officer; Matt Appel, Chief Administrative Officer; and Tom Haubenstricker, Chief Financial Officer. We have posted a slide presentation for today's call on the Investor Relations homepage on our website, zalecorp.com.
Before we begin, I'll read our Safe Harbor statement. Our commentary and responses to your questions on this conference call will contain forward-looking statements, including statements relating to our sales, margins, commodity costs and other expenses, operating and net earnings and other goals, plans and objectives. These forward-looking statements are not guarantees of future performance, and a variety of factors could cause our actual results to differ materially from the anticipated or expected results expressed in these forward-looking statements. Additional information concerning other factors that could cause actual results to differ materially from those contained in the forward-looking statements is available in our quarterly report on Form 10-Q for the fiscal quarter ended April 30, 2012.