Robert Quartaro | Vice President of Investor Relations |
Mike Jackson | Chairman, Chief Executive Officer and President |
Cheryl Miller | Chief Financial Officer |
Carl Liebert | Incoming Chief Executive Officer and President |
John Murphy | Bank of America Merrill Lynch |
Rick Nelson | Stephens |
Derek Glynn | Consumer Edge Research |
Chris Bottiglieri | Wolfe Research |
Rajat Gupta | JP Morgan |
Bret Jordan | Jefferies |
Armintas Sinkevicius | Morgan Stanley |
Colin Langan | UBS |
Welcome to AutoNation's Fourth Quarter 2018 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the presentation, we will conduct a question-and-answer session. [Operator Instructions]. Today's conference is being recorded.