Barbara Rentler | CEO |
Michael O'Sullivan | President and COO |
Gary Cribb | Group EVP, Stores and Loss Prevention |
John Call | EVP, Finance and Legal |
Michael Hartshorn | EVP and CFO |
Connie Kao | VP, IR |
Matthew Boss | JPMorgan |
Brian Tunick | RBC Capital Markets |
Lorraine Hutchinson | Bank of America |
Kimberly Greenberger | Morgan Stanley |
Ike Boruchow | Wells Fargo |
Paul Trussell | Deutsche Bank |
Paul Lejuez | Citigroup |
Oliver Chen | Cowen & Company |
Marni Shapiro | Retail Tracker |
Laura Champine | Roe Equity Research |
Bob Drbul | Guggenheim Securities |
Michael Binetti | Credit Suisse |
Jamie Merriman | Bernstein |
Good afternoon, and welcome to the Ross Stores First Quarter 2018 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 risk 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 2017 Form 10-K and fiscal 2018 Form 8-K's on file with the SEC.