BJ's Wholesale Club Holdings, Inc.

Good morning. My name is Sharon, and I will be your conference operator today. At this time, I would like to welcome everyone to BJ's Wholesale Club Fourth Quarter Fiscal 2019 Earnings Conference Call. 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. If you'd like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you'd like to withdraw your question, press the pound key. We ask that you please limit your questions to one per participant and to re-queue for any follow-up questions. I would now like to turn the call over to Sachin Freja, Vice President, Investor Relations. You may begin your conference.

Good morning, everyone. Thank you for joining BJ's Wholesale Club's fourth quarter fiscal 2019 earnings conference call. Chris Baldwin, Executive Chairman, Lee Delaney, President and CEO, Bob Eddy, Chief Financial and Administrative Officer, and Bill Werner, Senior Vice President, Strategic Planning and Investor Relations are on the call. Please remember that during this call we may make forward-looking statements within the meaning of the federal securities laws. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially from our expectations described on this call and in today's press release. Please see the risk factors section of our Form 10-K filed with the SEC on March 25th, 2019 for a description of those risks and uncertainties. Finally, please note that on today's call, we will refer to certain non-GAAP financial measures that we believe will provide useful information for investors. The presentation of this information is not intended to be considered in isolation or as a substitute for the financial information presented in accordance with GAAP. Please refer to today's press release posted on the Investors section of our website for a reconciliation of these non-GAAP financial measures to the most comparable measures prepared in accordance with GAAP. With that, I'll turn the call over to Chris.

Good morning, and thank you for joining us. On today's call, I'll provide some introductory remarks, and then you'll hear from Lee Delaney, our new president and CEO. After that, Bob will walk you through our results and guidance for fiscal 2020, and we'll take your questions. In December, we announced that Lee would succeed me as chief executive officer at BJ's. Most of you know Lee. He was one of the first people I hired after becoming CEO, and he's been involved in every aspect of our transformation since then. This leadership transition was part of a planned and delivered process to ensure that BJ's is well-positioned to execute against its strategic priorities and drive long-term shareholder value. BJ's performance has improved substantially since 2015, and we see clear opportunities to accelerate our growth, particularly on the top line. We are optimistic about our prospects and are confident in the fundamentals of our business. Lee will move the company forward with a clear emphasis on driving sustainable, profitable growth. In my new role, I am focused on leading our board and continuing to work closely with Lee and Bob on key strategic direction. With that, I'll hand it all over to Lee.