Mary Winn Pilkington | VP, IR and Public Relations |
Gregory Sandfort | CEO |
Kurt Barton | SVP and CFO |
Steve Barbarick | President and CMO |
Steven Forbes | Guggenheim Securities, LLC |
Peter Benedict | Robert W. Baird & Co. |
Seth Sigman | Credit Suisse |
Elizabeth Suzuki | Bank of America Merrill Lynch |
Christopher Horvers | JPMorgan Securities LLC |
Michael Lasser | UBS Securities LLC |
Benjamin Bienvenu | Stephens Inc. |
Alan Rifkin | BTIG |
Paul Kearney | Wolfe Research |
Matthew McClintock | Barclays |
Matthew Fassler | Goldman Sachs |
Good afternoon, ladies and gentlemen, and welcome to Tractor Supply Company's Conference Call to discuss Fourth Quarter 2017 Results. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session, and instructions will be given at that time. We do ask that all participants limit themselves to one question. Please be advised that reproduction of this call in whole or in part is not permitted without written authorization of Tractor Supply Company.