DSW Inc. ( DSW) Q4 2011 Earnings Call March 20, 2012 8:30 am ET Executives Michael MacDonald – President, Chief Executive Officer Douglas Probst – Executive Vice President, Chief Financial Officer Analysts Steve Marotta – CL King & Associates David Mann – Johnson Rice Scott Krasik – BB&T Capital Mark Montagna – Avondale Partners Chris Svezia – Susquehanna Financial Jeff VanSinderen – B. Riley & Co. Jeff Black - Citigroup Claire Gallacher – Auriga Patrick McKeever – MKM Partners PresentationOperator
Good morning and welcome to the DSW Fourth Quarter and Fiscal Year 2011 Financial Results conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today’s presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your touchtone phone. To withdraw your question, please press star then two. Please note that various remarks made about the future expectations, plans and prospects of the Company constitute forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those listed in today’s press release and in DSW’s public filings with the SEC. This event is being recorded. I would now like to turn the conference over to Mr. Doug Probst, CFO of DSW. Please go ahead, sir. Douglas Probst Thank you and good morning. Welcome to DSW’s fourth quarter earnings conference call. With me today in Columbus is Mike MacDonald, our CEO. Debbie Ferreé, our Vice Chairperson and Chief Merchandising Officer, is not with us today as she is travelling overseas with members of our supply chain team.