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Hanesbrands' Management Discusses Q4 2011 Earnings Results - Earnings Call ...

Hanesbrands, Inc. ( HBI ) Q4 2011 and Year End 2011 Earnings Call February 15, 2011 4:30 PM ET

Operator

At this time I would like to welcome everyone to the Hanesbrands’ fourth quarter 2011 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks there will be a question and answer session. (Operator Instructions) Charlie Stack, Chief Investor Relations Officer you may begin your conference.

Charlie Stack

Welcome to the Hanesbrands’ quarterly investor conference call and webcast. We are pleased to be here today to provide an update on our progress after the fourth quarter of 2011. Hopefully everyone has had a chance to review the news release we issued earlier today. The news release and the audio replay of the webcast of this call can be found in the investors section of our www.Hanesbrands.com website.

I want to remind everyone that we may make forward-looking statements on the call today either in our prepared remarks or in the associated question and answer session. These statements are based on current expectations and are subject to certain risks and uncertainties that may cause actual results to differ materially. These risks are detailed in our various filings with the SEC such as our most recent Forms 10K and 10Q as well as our news releases and other communications.

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Article Directory|Submit Articles » The Well Timed Strategy ...

Click: Download The Well Timed Strategy: Managing the Business Cycle for Competitive Advantage “In The Well-Timed Strategy, Navarro provides a useful primer on business cycle risks and opportunities. ” “The overriding approach to real estate success used to be ‘location, location, location,’ but it is an absolute fact that ‘timing, timing, timing’ is the ultimate driver behind maximizing return on investment....

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In a slower growth environment, expense management is a critical factor in remaining competitive and producing value for our shareholders. Now let me turn the call over to Beth Mooney to provide some overview comments on the quarter and her thoughts on