Earnings Call Excerpt
Gymboree Corporation (GYMB)
Q3 2008 Earnings Call
November 19, 2008 4:30 pm ET
Executives
Kip Garcia - President
Matthew McCauley – Chairman, Chief Executive Officer
Jeffrey Harris - Vice President of Finance
Blair Lambert – Chief Operating Officer, Chief Financial Officer
Analysts
Betty Chen – Wedbush Morgan
John Zolidis – Buckingham Research
Brian Tunick – J.P. Morgan
Margaret Whitfield – Stern Agee
Thomas Filandro – SIG
Linda Tsai – MKM Partners LLC
Dana Telsey – Telsey Advisory Group
Rick Patel – Merrill Lynch
John Morris – Wachovia
Janet Kloppenberg - JJK Research
Marni Shapiro – Retail Tracker
Bill [Gazellin] – Titan Capital Management
Presentation
Operator
Good afternoon. My name is Heather and I will be your conference operator today. At this time I would like to welcome everyone to the third quarter 2008 earnings call for the Gymboree Corporation. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks there will be a question-and-answer session.
(Operator Instructions)
Mr. Harris you may begin your conference.
Jeffrey Harris
Thank you. Welcome to the Gymboree Corporation’s third quarter 2008 earnings call. I am Jeff Harris, Vice President of Finance for Gymboree. On the call with me today are Matthew McCauley, Chairman and CEO; Kip Garcia, President and Blair Lambert, COO and CFO.
Blair will first make a few comments about our third quarter financial performance and plans for the remainder of 2008. Kip will discuss product performance during the quarter and update you on our merchandising initiatives. Matt will then provide some additional background and update you on our strategic plans for the remainder of 2008 and beyond. After our presentation is finished we will all be happy to take your questions.
Before we get started, I want to point out that our presentation today contains forward-looking statements including statements about trends in operations, future sales expectations and future financial performance. Actual results could differ materially from those forecast as a result of a number of factors including those set forth in our annual report on Form 10K for the year ended February 2, 2008 filed with the SEC. I would also like to point out that we intend to continue to comply with the SEC regulation FD. As such we will not be providing guidance or projections outside of public forums. You should also be aware that your participation in the Q&A session constitutes your permission to transcribe and re-broadcast any comments you may make.
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