Ross Stores (ROST) Q4 2011 Earnings Call March 15, 2012 11:00 am ET Executives Michael Balmuth - Vice Chairman and Chief Executive Officer John G. Call - Chief Financial Officer, Principal Accounting Officer and Senior Vice President Michael B. O'Sullivan - President and Chief Operating Officer Katie Loughnot - Vice President of Investor & Media Relations Analysts Jeffrey S. Stein - Northcoast Research Tracy Kogan - Nomura Securities Co. Ltd., Research Division Tracy Kogan Maren Kasper - Wells Fargo Securities, LLC, Research Division Rick B. Patel - BofA Merrill Lynch, Research Division Brian J. Tunick - JP Morgan Chase & Co, Research Division Kimberly C. Greenberger - Morgan Stanley, Research Division David M. Mann - Johnson Rice & Company, L.L.C., Research Division Laura A. Champine - Collins Stewart LLC, Research Division Richard Ellis Jaffe - Stifel, Nicolaus & Co., Inc., Research Division Marni Shapiro - The Retail Tracker Marni Shapiro Omair Asif - Barclays Capital, Research Division Jeffrey P. Klinefelter - Piper Jaffray Companies, Research Division Mark K. Montagna - Avondale Partners, LLC, Research Division Adrianne Shapira - Goldman Sachs Group Inc., Research Division Dana Lauren Telsey - Telsey Advisory Group LLC David J. Glick - The Buckingham Research Group Incorporated Patrick McKeever - MKM Partners LLC, Research Division PresentationOperator
Good morning, and welcome to the Ross Stores Fourth Quarter and Fiscal Year 2011 Earnings Release Conference Call. The call will begin with prepared comments by management, followed by a question-and-answer session. [Operator Instructions] Before we get started, on behalf of Ross Stores, I would like to note that the comments made on this call will contain forward-looking statements regarding expectations about future growth and financial results, including sales and earnings forecasts and other matters that are based on the company's current forecast of aspects of its future business. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from historical performance or current expectations. Risk factors are included in today's press release and the company's fiscal 2010 Form 10-K, fiscal 2011 Form 10-Qs and fiscal 2011 and 2012 form 8-Ks on file with the SEC.