 Alliance Data Systems Corporation NYSE:ADS Q2 2020 Earnings Conference Call July 23, 2020, 08:30 AM ET Company Participants Vicky Nakhla - AdvisIRy Partners Ralph Andretta - President CEO Tim King - EVP CFO Conference Call Participants Sanjay Sakhrani - KBW Andrew Bauch - Wolfe Research Bob Napoli - William Blair Eric Wasserstrom - UBS David Scharf - JMP Securities Dominic Gabriele - Oppenheimer William Ryan - Compass Point Mihir Mehta - Bank of America John Hecht - Jefferies Presentation Operator Good morning. 