Richard Galanti | Executive Vice President, Chief Financial Officer |
Simeon Gutman | Morgan Stanley |
Chris Horvers | JPMorgan |
Chuck Grom | Gordon Haskett |
Karen Short | Barclays |
Michael Lasser | UBS |
Paul Lejuez | Citi |
Oliver Chen | Cowen |
John Heinbockel | Guggenheim Partners |
Scott Mushkin | R5 Capital |
Rupesh Parikh | Oppenheimer |
Scot Ciccarelli | RBC Capital |
Mike Baker | D.A. Davidson |
Peter Benedict | Baird |
Kelly Bania | BMO Capital |
Laura Champine | Loop Capital |
Blake Anderson | Jefferies |
Greg Melich | Evercore ISI |
Robert Moskow | Credit Suisse |
Ladies and gentlemen, thank you for standing by and welcome to the Costco Q4 Earnings Call. At this time all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions]. I would now like to hand the conference over to Richard Galanti.