Steve Schmitt | IR |
Doug McMillon | President & CEO |
Brett Biggs | EVP & CFO |
Simeon Gutman | Morgan Stanley |
Robbie Ohmes | Bank of America Merrill Lynch |
Karen Short | Barclays |
Oliver Chen | Cowen & Company |
Chris Horvers | JPMorgan |
Michael Lasser | UBS |
Scott Mushkin | Wolfe Research |
Matt Fassler | Goldman Sachs |
Kate McShane | Citi |
Dan Binder | Jeffries |
Paul Trussell | Deutsche Bank |
Ben Bienvenu | Stephens |
Peter Benedict | Robert Baird |
Bob Drbul | Guggenheim Securities |
Greg Melich | MoffettNathanson |
Edward Kelly | Wells Fargo |
Chuck Grom | Gordon Haskett |
Greetings and welcome to Walmart's Fiscal Year 2018 Fourth Quarter Earnings Release. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. I’d now like to turn the conference over to your host Steve Schmitt with Investor Relations.