Maarten Jager | Executive Vice President and Chief Financial Officer |
Jose Luis Laparte | Chief Executive Officer and President |
Sherry Bahrambeygui | Interim Chief Executive Officer |
Robert Price | Executive Chairman of the Board |
Jonathan Braatz | Kansas City Capital Associates |
Ronald Bookbinder | IFS Securities |
Nicolas Alfonso | Compass Group Plc |
Good day, and welcome to PriceSmart, Incorporated Earnings Release Conference Call for the Fourth Quarter of Fiscal Year 2018, ending on August 31, 2018. All participants are currently in a listen-only mode. After remarks from our company representatives, Robert Price, Executive Chairman of the Board of Directors; Sherry Bahrambeygui, Director; Jose Luis Laparte, President and Chief Executive Officer; and Maarten Jager, Executive Vice President and Chief Financial Officer, you will be given an opportunity to ask questions as time permits. [Operator Instructions] As a reminder, this conference call is being recorded on Friday, October 26, 2018. A digital replay will be available through November 2, 2018, following the conclusion of the call by dialing 1 877 344-7529 for domestic callers or 1 412 317-0088 for international callers, and entering replay access code 10123807.