The Talbots (TLB) Q1 2012 Earnings Call May 29, 2012 4:30 pm ET Executives Julie Lorigan - Senior Vice President of Investor and Media Relations Trudy F. Sullivan - Chief Executive Officer, President and Director Michael Scarpa - Chief Operating Officer, Chief Financial Officer, Principal Accounting Officer and Treasurer PresentationOperator
Good afternoon, ladies and gentlemen. On behalf of Talbots, we would like to welcome you to The Talbots Inc. Conference Call covering the first quarter 2012 earnings results. I would now like to turn the call over to Julie Lorigan, Senior Vice President of Investor and Media Relation. Julie Lorigan Thank you. Good afternoon, everyone, and welcome to the Talbots Inc. First Quarter Conference Call. As our Talbots Board of Directors continues its evaluation of strategic alternatives, today's call is prerecorded and listen-only. We will not be taking questions at the conclusion of our prepared remarks. With us this afternoon, we have Trudy Sullivan, President and CEO; and Mike Scarpa, Talbots' Chief Financial Officer and Chief Financial Officer. We will be disclosing non-GAAP financial measures in this presentation. For a reconciliation of these non-GAAP measures to the corresponding GAAP measures, please see the table attached to our earnings release, which is available under the Investor Relations section of our website. As a reminder, certain statements to be made today are forward-looking. These are based on assumptions and expectations of future events, which may not prove to be accurate. They involve substantial risks and uncertainties. Actual results may differ materially from those expected or implied. These forward-looking statements may be identified by forward-looking terminologies as expect, achieve, plan, look, projected, believe, anticipate, outlook, will, intend, potential or similar statements or variations of such term. All of our outlook and financial expectations and plans, as well as our assumptions underlying this information, constitute forward-looking information. We direct you to the cautionary statements being read at the end of this presentation and included in our earnings release issued on Friday, May 25, 2012, as well as on our recent SEC filings, all of which are available under the Investor Relations section of our website. A replay will be available immediately after the conclusion of this call until the end of the day, June 1, 2012. The webcast will also be available on the Investor Relations page of our website. With that, I would like to now turn it over to Trudy.