Laraine A. Mancini | The Estée Lauder Companies, Inc. |
Fabrizio Freda | The Estée Lauder Companies, Inc. |
Tracey Thomas Travis | The Estée Lauder Companies, Inc. |
Dara W. Mohsenian | Morgan Stanley & Co. LLC |
Lauren R. Lieberman | Barclays Capital, Inc. |
Michael Binetti | Credit Suisse Securities (NYSE:USA) LLC |
Bonnie L. Herzog | Wells Fargo Securities LLC |
Robert Ottenstein | Evercore Group LLC |
Wendy C. Nicholson | Citigroup Global Markets, Inc. |
Nik Modi | RBC Capital Markets LLC |
Linda Bolton Weiser | D.A. Davidson & Co. |
Mark Stiefel Astrachan | Stifel, Nicolaus & Co., Inc. |
Erinn E. Murphy | Piper Jaffray & Co. |
Good day, everyone, and welcome to The Estée Lauder Companies Fiscal 2019 First Quarter Conference Call. Today's call is being recorded and webcast.
For opening remarks and introductions, I would like to turn the call over to the Senior Vice President of Investor Relations, Ms. Rainey Mancini.
Good morning.