J.C. Penney Company, Inc. JCP Q4 2009 Earnings Call Transcript
Greetings and welcome to the JCPenney, Incorporated Fourth Quarter 2009 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 Instructions). As a reminder this conference is being recorded. It is now my pleasure to introduce your host Phil Sanchez, Vice President of Investor Relations for JCPenney Company, Incorporated. Thank you, Mr. Sanchez, you may begin.