John Chevalier | VP, IR |
Jon Moeller | CFO |
David Taylor | Chairman of Board, President & CEO |
Steve Powers | Deutsche Bank |
Lauren Lieberman | Barclays |
Dara Mohsenian | Morgan Stanley |
Nik Modi | RBC Capital Markets |
Wendy Nicholson | Citi |
Jason English | Goldman Sachs |
Ali Dibadj | Bernstein |
Kevin Grundy | Jefferies |
Bonnie Herzog | Wells Fargo |
Bill Chappell | SunTrust |
Jonathan Feeney | Consumer Edge |
Joe Altobello | Raymond James |
Good morning and welcome to Procter & Gamble's Quarter End Conference Call. P&G would like to remind you that today's discussion will include a number of forward-looking statements.
If you will refer to P&G's most recent 10K, 10Q and 8-K reports, you will see a discussion of factors that could cause the Company's actual results to differ materially from these projections. Also as required by Regulation G, Procter & Gamble needs to make you aware that during the discussion, the Company will make a number of references to non-GAAP and other financial measures. Procter & Gamble believes these measures provide investors with useful perspective on the underlying growth trends of the business and has posted on its Investor Relations website www.pginvestor.com, a full reconciliation of non-GAAP and other financial measures.