Jon Moeller | Vice Chairman, COO and CFO |
David Taylor | Chairman of the Board, President and CEO |
John Chevalier | VP, IR |
Olivia Tong | Bank of America |
Lauren Lieberman | Barclays |
Dara Mohsenian | Morgan Stanley |
Jason English | Goldman Sachs |
Steve Powers | Deutsche Bank |
Nik Modi | RBC |
Bonnie Herzog | Wells Fargo |
Steven Strycula | UBS |
Ali Dibadj | Bernstein |
Andrea Teixeira | JPMorgan |
Bill Chappell | SunTrust |
Kaumil Gajrawala | Credit Suisse |
Kevin Grundy | Jefferies |
Caroline Levy | Macquarie |
Mark Astrachan | Stifel |
Jonathan Feeney | Consumer Edge |
Robert Ottenstein | Evercore ISI |
Jon Andersen | William Blair |
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 10-K, 10-Q 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 underlying business trends and has posted on its Investor Relations website www.pginvestor.com a full reconciliation of non-GAAP financial measures.