PSS World Medical Inc. F1Q10 (Qtr End 6/26/09) Earnings Call Transcript

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2009-07-23 14:24:23.0

Tags: Forward-looking Statement, PSS World Medical Inc., Call Transcript, Earnings, Investor Relations, Financial Workbook, Financial Accounting, Finance, Seeking Alpha

Earnings Call Excerpt

PSS World Medical Inc. (PSSI)

F1Q10 Earnings Call

July 23, 2009 8:30 AM ET

Executives

Robert C. Weiner - Vice President, Investor Relations

David A. Smith - Chairman and Chief Executive Officer

David M. Bronson - Executive Vice President and Chief Financial Officer

Gary A. Corless - Executive Vice President, Chief Operating Officer

Kevin P. English - Senior Vice President, Supplier Operations

Scott Helfrich – Vice President, Strategic Sales Development

Analysts

John Kreger - William Blair & Company

Atif Rahim – JP Morgan

Richard Close - Jefferies & Co.

Robert M. Willoughby - Banc of America-Merrill Lynch

Glen Santangelo – Credit Suisse

Larry Marsh – Barclays Capital

Eric Coldwell – Baird

Alex Beckler - Goldman Sachs

John Ransom - Raymond James & Associates, Inc.

Presentation

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the PSS World Medical’s first quarter fiscal year 2010 conference call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question-and-answer question. (Operator Instructions). As a reminder, this conference is being recorded Thursday, July 23, 2009. It is my pleasure to introduce Robert Weiner. Please go ahead sir.

Robert C. Weiner

Good morning everyone. Thank you for joining our fiscal year 2010 first quarter call. Today on the call, our speakers are David Smith, Chairman and CEO; Gary A. Corless, Chief Operating Officer; and David Bronson, Executive Vice President and CFO.

We issued our fiscal year 2010 first quarter press release last evening. The release and our Financial Workbook for our first quarter are available on our website at www.pssworldmedical.com. The Financial Workbook contains GAAP and non-GAAP financial measures that provide greater detail into each business and the overall operation.

Now, I'll read the forward-looking statement. During this call, we may make a number of forward-looking statements regarding revenue, gross margin, operating expenses, operating margins, earnings per share and other matters that are not historical facts.

These statements involve a number of risks and uncertainties that could cause actual results to differ materially from what is expressed or forecasted. For a list and descriptions of certain of these risks and uncertainties, we refer you to the forward-looking statement disclosures in today's press release and to the other information provided in our most recent Form 10-K and other SEC filings, copies of which are available from the SEC, from our Investor Relations section on the website or from us in Investor Relations.

 

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