Walmart, Inc. ( NYSE: WMT ) Raymond James Institutional Investors Broker Conference Call March 6, 2018 10:25 AM ET Executives Brett Biggs - CFO and EVP Analysts Beryl Bugatch - Raymond James & Associates Beryl Bugatch Good morning. I'm Budd Bugatch with Raymond James. It's my privilege and pleasure to welcome you today to the Walmart presentation here, our 39th Annual Institutional Investors Conference here in Orlando. With us today from Walmart, we've got Brett Biggs, EVP and CFO; Steve Smith, Vice President of IR and soon to be CFO of Walmart -- of Sam's Club. Also with us from the company, we've got Stefano Rosso, CFO of Chile; Kary Brunner from the IR team; and Melanie Belford, who's with Sam's Club in Finance. Brett, without further ado, I'm going to let you start and then we'll get to the presentation. Brett Biggs Great. Thanks, Budd.