Earnings Call Excerpt
NutriSystem Inc. (NTRI)
Q4 2007 Earnings Call
February 19, 2008 5:00 pm ET
Executives
David Clark - CFO
Mike Hagan - Chairman and CEO
Joe Redling - President and COO
Analysts
Greg Badishkanian - Citigroup
Colin Sebastian - Lazard Capital Markets
Vivian Ma - Oppenheimer & Co.
Laura Richardson - BB&T Capital Markets
Bill Sutherland - Boenning & Scattergood
Presentation
Operator
Good day, ladies and gentlemen, and welcome to the quarter-four 2007 NutriSystem Earnings Call. My name is Nikita and I will be your coordinator for today. (Operator Instructions)
I would now like to turn the presentation over to your host for today's call, Mr. David Clark, Chief Financial Officer. Please proceed, sir.
David Clark
Thank you, operator. Good afternoon, everyone, and thank you for joining us to discuss NutriSystem's full year and fourth quarter 2007 financial results. With me today from management are Mike Hagan, Chairman and Chief Executive Officer; Joe Redling, President and Chief Operating Officer; Tom Connerty, Chief Marketing Officer and Executive Vice President; and as stated earlier, I'm David Clark, Chief Financial Officer.
I would like to remind everyone that this announcement contains forward-looking statements that involve risks and uncertainties. Such information includes statements about NutriSystem's fourth quarter financial results, as well as statements that are preceded by, followed by or include the words believes, plans, intends, expects, anticipates or similar expressions.
Statements regarding NutriSystem's outlook and guidance for the first quarter of 2008 and the full year 2008 and its expectations on the effect of the economy on consumer spending and other similar statements are not statements of historical facts and constitute forward-looking statements. For such statements, NutriSystem claims the protection of the Safe Harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Factors that could cause actual results to differ from those contained in forward-looking statements include, but are not limited to those factors set forth in NutriSystem's Annual Report on Form 10-K for the year ended December 31, 2006, which has been filed with the SEC. NutriSystem is making these statements as of February 19, 2008, and assumes no obligation to publicly update or revise any of the forward-looking information in this announcement.
I would also like to point out that we have a couple of PowerPoint slides available through the call that are webcast on our Investor Relations website that illustrate some points on reactivation and customer economics that we will discuss in a few minutes.
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