ANN INC (ANN) Q4 2011 Earnings Call March 09, 2012 8:30 am ET Executives Judith Lord - Vice President of Investor Relations 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 Brian J. Tunick - JP Morgan Chase & Co, Research Division Michelle Tan - Goldman Sachs Group Inc., Research Division Jennifer Black Robin S. Murchison - SunTrust Robinson Humphrey, Inc., Research Division Neely J.N. Tamminga - Piper Jaffray Companies, Research Division Paul Lejuez - Nomura Securities Co. Ltd., Research Division PresentationOperator
Good morning, ladies and gentlemen, and welcome to ANN INC.'s Fourth Quarter 2011 Earnings Conference Call. At the request of the company, today's conference call is being recorded. [Operator Instructions] I would now like to turn the call over to Judy Lord, Vice President, Investor Relations. Please go ahead. Judith Lord Thank you, Teresa. Good morning, everyone, and thank you for joining us to review our results for the fourth quarter and fiscal year 2011. 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 fiscal year, followed by a brief summary of our strategic priorities for fiscal 2012. Then Mike will discuss our financial results and outlook, and after that, we'll open it up for your questions. Before turning it over to Kay, we would like to remind you that our discussion this morning includes forward-looking statements, which are subject to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the company's current expectations as of March 9, 2012, concerning future events and are subject to a number of factors and uncertainties that could cause actual results to differ materially.