Good afternoon, and thank you for joining the First Quarter 2018 Earnings Conference Call for Herbalife Nutrition Limited. On the call today is Rich Goudis, the company's CEO; Des Walsh, the company's Executive Vice Chairman; John DeSimone, the company's Co-President and Chief Strategic Officer; Dr. John Agwunobi, the company's Co-President and Chief Health and Nutrition Officer; and Eric Monroe, the company's Director, Investor Relations. I would now like to turn the call over to Eric Monroe to read the company's Safe Harbor language.

Before we begin, as a reminder, during this conference call, comments may be made that includes some forward-looking statements. These statements involve risk and uncertainty and, as you know, actual results may differ materially from those discussed or anticipated. We encourage you to refer to today's earnings release and our SEC filings for a complete discussion of risks associated with these forward-looking statements in our business. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any future events or circumstances or to reflect the occurrence of unanticipated events except as required by law. In addition, during this call, certain financial performance measures may be discussed that differ from comparable measures contained in our financial statements, prepared in accordance with U.S. generally accepted accounting principles, referred to by the Securities and Exchange Commission as non-GAAP financial measures. We believe that these non-GAAP financial measures assist management and investors in evaluating our performance and preparing period-to-period results of operations in a more meaningful and consistent manner, as discussed in greater detail in the supplemental schedules to our earnings release. Please refer to the Investor Relations section of our website, herbalife.com, for additional supplemental information and to find our press release for this quarter which contains a reconciliation of these measures. Additionally, when management makes reference to volumes during this conference call, they are referring to volume points. I will now turn the call over to our CEO, Rich Goudis. [05F4FP-E Rich Goudis]: Good afternoon, everyone. Thank you for joining our first call as Herbalife Nutrition Limited. We're excited about the name change, which was approved by shareholders at our April General Meeting, because we believe this new name is more reflective of our purpose to make the world healthier and happier and…

Thank you, Rich. Today, I will start by discussing the company's first quarter 2018 reported and adjusted results which will include key market highlights. I will then review the second quarter and full-year 2018 guidance, and conclude by providing a brief update on our share repurchase program. First quarter reported net sales of $1.2 billion represented an increase of 6.8% compared to the prior year. Volume points for the first quarter were $1.4 billion. And despite a very challenging comparison, it nearly matched the prior year's first quarter led by the U.S. returning to growth ahead of plan. This is also the third quarter in a row where five of our six regions showed sequential improvements in volume point trends. We reported net income of $82.1 billion or $1.08 per diluted share for the first quarter of 2018, compared to a reported net income of $85.2 million or $0.98 per diluted share for the first quarter of 2017. Adjusted earnings per diluted share were $1.40, compared to $1.24 per share for the first quarter of 2017. The adjusted diluted EPS figures continue to exclude items we consider to be outside of normal company operations what, we believe, will be useful to investors when analyzing period-over-period comparisons of our results. Please refer to our first quarter 2018 earnings press release issued today for additional details on these adjustments. Our first quarter adjusted diluted EPS exceeded the high end of our guidance range of $0.90 to $10. This EPS beat was driven by higher-than-expected sales, as well as excess tax benefits from the exercise of equity grants, partially offset by lower gross margins. Reported gross margin for the first quarter of 79.6% decreased by approximately 180 basis points compared to the prior-year period. This decrease was driven primarily by foreign currency fluctuations…

Our first question comes from the line of Doug Lane with Lane Research.

Our next question is from the line of Mike Swartz with SunTrust.

Our next question is from the line of Tim Ramey with Pivotal Research.

Our final question comes from the line of Beth Kite with Citi.

And there are no more questions. At this time, I would like to turn the call back over to Mr. Rich Goudis for closing remarks. [05F4FP-E Rich Goudis]: Okay, thank you. Listen, this is clearly an exciting time for our company, and we look forward to updating you on our business in August. Thank you.

And, ladies and gentlemen, this does conclude today's conference call. You may now disconnect.