Wal-Mart Stores, Inc. (WMT) April 12, 2012 7:45 am ET Executives Carol Schumacher - Vice President of Investor Relations C. Douglas McMillon - Executive Vice President, Chief Executive Officer of Walmart International and President of Walmart International Catherine R. Smith - Chief Financial Officer David Cheesewright - Executive Vice President, Chief Executive Officer of Asda and President of Asda Judith McKenna - Chief Finance Officer and Chief Operating Officer Shelley G. Broader - Chief Executive Officer and President Bill Tofflemire - Jim Thompson - Chief Operating Officer Gino DiGioacchino - Trudy Fahie - Bob Hakeem - William S. Simon - Executive Vice President, Chief Executive Officer of Walmart U S and President of Walmart U S Analysts Robert S. Drbul - Barclays Capital, Research Division Gregory S. Melich - ISI Group Inc., Research Division Deborah L. Weinswig - Citigroup Inc, Research Division Craig Johnson John Heinbockel - Guggenheim Securities, LLC, Research Division Mark Wiltamuth - Morgan Stanley, Research Division Wayne L. Hood - BMO Capital Markets U.S. Unknown Analyst Colin McGranahan - Sanford C. Bernstein & Co., LLC., Research Division Michael Exstein - Crédit Suisse AG, Research Division David S. Strasser - Janney Montgomery Scott LLC, Research Division Charles X. Grom - Deutsche Bank AG, Research Division Christopher Horvers - JP Morgan Chase & Co, Research Division Margaret Gilliam PresentationCarol Schumacher
Good morning. I'm Carol Schumacher. I'm with Walmart Investor Relations. And on behalf of the entire Walmart team, both the corporation and Walmart Canada, we welcome you into our meeting. This is our International Conference for the Investment Community. And as you know, the purpose of this meeting is to do a really deep dive into one of our countries so that you will have the opportunity to learn much more about the business and to be able to meet with the management team running that business. For those of you who are here live in the meeting with us, we will be handing out hard copies of the slides for easy notetaking. Also remember, at the end of the meeting, that we'll be giving those who are here a USB drive with copies of the presentations, the information you'll be getting on the store tours as well as a lot of other information about Walmart Canada, so make sure that you pick that up before you leave.