Ross Stores (ROST) Q2 2012 Earnings Call August 16, 2012 11:00 am ET Executives Michael Balmuth - Vice Chairman and Chief Executive Officer John G. Call - Chief Financial Officer, Principal Accounting Officer and Group Senior Vice President Gary L. Cribb - Executive Vice President of Stores & Loss Prevention Michael B. O'Sullivan - President and Chief Operating Officer Analysts Brian J. Tunick - JP Morgan Chase & Co, Research Division Rick B. Patel - BofA Merrill Lynch, Research Division Jaime M. Katz - Morningstar Inc., Research Division Jeffrey S. Stein - Northcoast Research Kimberly C. Greenberger - Morgan Stanley, Research Division David M. Mann - Johnson Rice & Company, L.L.C., Research Division Richard Ellis Jaffe - Stifel, Nicolaus & Co., Inc., Research Division Jason Smith Omar Saad - ISI Group Inc., Research Division Evren Dogan Kopelman - Wells Fargo Securities, LLC, Research Division Daniel Jacome - Oppenheimer & Co. Inc., Research Division Roxanne Meyer - UBS Investment Bank, Research Division Alex J. Fuhrman - Piper Jaffray Companies, Research Division Daniel Hofkin - William Blair & Company L.L.C., Research Division Mark K. Montagna - Avondale Partners, LLC, Research Division David J. Glick - The Buckingham Research Group Incorporated Marni Shapiro - The Retail Tracker Dana Lauren Telsey - Telsey Advisory Group LLC Paul Lejuez - Nomura Securities Co. Ltd., Research Division PresentationOperator
Good morning, and welcome to the Ross Stores Second Quarter 2012 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 2011 Form 10-K and fiscal 2012 Form 10-Q and 8-Ks on file with the SEC.