Durga Doraisamy | VP, IR |
Kevin Johnson | President & CEO |
Patrick Grismer | CFO |
Rosalind Brewer | COO & Group President, Americas |
John Culver | Group President, International Channel Development in Global Coffee & Tea |
Sharon Zackfia | William Blair |
David Tarantino | Robert W. Baird |
John Glass | Morgan Stanley |
David Palmer | RBC Capital Markets |
Sara Senatore | AllianceBernstein |
John Ivankoe | JPMorgan |
Matthew DiFrisco | Guggenheim Securities |
Jeffrey Bernstein | Barclays |
Karen Holthouse | Goldman Sachs |
Andrew Charles | Cowen & Company |
Good afternoon. My name is Hector, and I will be your conference operator today. I would like to welcome everyone to Starbucks Coffee Company's First Quarter Fiscal Year 2019 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session.