True Religion Apparel Q1 2010 Earnings Call Transcript

True Religion Apparel (TRLG) Q1 2010 Earnings Call May 04, 2010 4:30 pm ET

Operator
Greetings and welcome to the True Religion Apparel Inc. 2010 first quarter earnings conference call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. (Operator’s instructions) As a reminder this conference is being recorded.
It is now pleasure to introduce to your host, Laura Miller, of ICR. Thank you, Ms. Miller, you may now begin.
Laura Miller

Thank you. Good afternoon everyone and thank you for joining us today to discuss True Religion Apparel’s first quarter 2010 financial results. By now everyone should have access to the earnings release, which went out today at approximately 4:00 pm Eastern Time. If you have not received the release, it is available on the Investor Relations portion of True Religion’s website at www.truereligionbrandjeans.com by clicking on the investor relations tab.
This call is being webcast and the replay will be available and archived on the company’s website. Please note that all of the information discussed on the call today is covered under the Safe Harbor provision of the Private Securities Litigation Reform Act. We caution listeners that during this call True Religion management will be providing financial guidance and making other forward-looking statements regarding future financial results and business opportunities.
The company’s actual future results maybe very different from our current expectations. We encourage you to read the 2009 10-K, the upcoming 2010 first quarter 10-Q and other reports that we filed periodically with the SEC. These documents contain a discussion of the risks facing our business including factors that could cause these forward-looking statements to not come true. The company does not currently intend to update these forward-looking statements except as required by law.
With that said, it is my please to turn the call over to True Religion’s Chairman, Chief Executive Officer and Chief Merchant, Jeff Lubell.