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Stage Stores' (SSI) CEO Michael Glazer on Q3 2015 Results - Earnings Call Transcript


Good morning and welcome to Stage Stores' Conference Call. At this time, all participants are in a listen-only mode. Later, the company will conduct a question-and-answer session and instructions will follow at that time. As a reminder, this conference call is being recorded.

I would now like to introduce your moderator for today's conference call, Ms. Randi Sonenshein, Senior Vice President of Finance and Strategy. Ms. Sonenshein, please begin your conference.

Randi Sonenshein - SVP, Finance and Strategy

Thank you, operator. Good morning, and welcome to Stage Stores' Third Quarter Conference Call. With us on the call this morning is Michael Glazer, President and Chief Executive Officer; Oded Shein, Chief Financial Officer; and Steve Lawrence, Chief Merchandising Officer. Michael and Oded will begin with prepared remarks and we will all then be available to take questions.

Our comments this morning include adjusted results not derived in accordance with GAAP. Non-GAAP results have been adjusted to exclude the impact of our corporate headquarters’ consolidation and asset disposals associated with our store remodels in the third quarter of 2015. Reconciliation of GAAP...