Liz Claiborne (LIZ) Q4 2011 Earnings Call February 29, 2012 10:00 am ET Executives William L. McComb - Chief Executive Officer and Executive Director Andrew C. Warren - Chief Financial Officer and Executive Vice President Jennifer Black - President Jennifer Black - Analysts Edward J. Yruma - KeyBanc Capital Markets Inc., Research Division Mary Ross Gilbert - Imperial Capital, LLC, Research Division Janet Kloppenburg Kate McShane - Citigroup Inc, Research Division Jessica Schoen Jessica Schoen - Barclays Capital, Research Division Unknown Analyst Robin S. Murchison - SunTrust Robinson Humphrey, Inc., Research Division James Andrew Chartier - Monness, Crespi, Hardt & Co., Inc., Research Division PresentationOperator
Good morning, everyone, and welcome to the Liz Claiborne Year End 2011 Conference Call hosted by Chief Executive Officer, Bill McComb. After the opening remarks, we will be taking questions. This call is being recorded and is copyrighted material. Therefore, please note that it cannot be recorded, transcribed or rebroadcasted without Liz Claiborne's permission. Your participation implies compliance with this requirement. If you do not agree, simply drop off the line. The please note that there will be a slide presentation accompanying the prepared remarks. The slides and earnings release can be accessed at www.lizclaiborneinc.com in the Investor Relations section. There are separate links to the slides for 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 qualifications set out in this morning's press release, as well as in the company's 2011 annual report on Form 10-K filed with the SEC under the caption Part 2, Item 1A., Risk Factors and statement regarding forward-looking statements.
Liz Claiborne (NYSE:LIZ) hit a new 52-week high Friday as it is currently trading at $13.46, above its previous 52-week high of $12.74 with 5.1 million shares traded as of 2:05 p.m. ET. Average volume has been 2.8 million shares over the past 30 days.