Stanley Black & Decker (SWK) Q1 2012 Earnings Call April 19, 2012 10:00 am ET Executives Kathryn H. White Vanek - Former Vice President of Investor Relations John F. Lundgren - Chief Executive Officer, President, Director and Chairman of Executive Committee James M. Loree - Chief Operating Officer and Executive Vice President Donald Allan - Chief Financial Officer and Senior Vice President Analysts Jason Feldman - UBS Investment Bank, Research Division Stephen Kim - Barclays Capital, Research Division Michael Rehaut - JP Morgan Chase & Co, Research Division Mike Wood - Macquarie Research Daniel Oppenheim - Crédit Suisse AG, Research Division Kenneth R. Zener - KeyBanc Capital Markets Inc., Research Division Eric Bosshard - Cleveland Research Company Sam Darkatsh - Raymond James & Associates, Inc., Research Division Nicole DeBlase - Morgan Stanley, Research Division Richard M. Kwas - Wells Fargo Securities, LLC, Research Division David S. MacGregor - Longbow Research LLC Joshua K. Chan - Robert W. Baird & Co. Incorporated, Research Division Michael Kim - Imperial Capital, LLC, Research Division PresentationOperator
Welcome to the Q1 2012 Stanley Black & Decker Inc. Earnings Conference Call. My name is Sandra, and I'll be your operator for today's call. [Operator Instructions] Please note that this conference is being recorded. I will now turn the call over to Vice President of Investor Relations, Kate Vanek. Ms. Vanek, you may begin. Kathryn H. White Vanek Thank you so much Sandra, and good morning, everybody. Thank you all so much for joining us for the Stanley Black & Decker first quarter 2012 conference call. On the call, in addition to myself, is John Lundgren, President and CEO; Jim Loree, Executive Vice President and COO; and Don Allan, Senior Vice President and CFO. Our earnings release, which was issued after yesterday's close and a supplemental presentation which we will refer to during the call, are available on the IR portion of our website as well as on our iPhone and iPad app. This morning, John, Jim and Don will review Stanley's 2012 first quarter results and various other topical matters followed by a Q&A session. We encourage you to make one question. You can have one follow up after that. As always, please feel free to contact me with any follow-up questions after today's call. And as I normally have to do, we will be making some forward-looking statements during this call. Such statements are based on assumptions of future events that may not prove to be accurate, and as such, they involve risk and uncertainty. It is, therefore, possible that actual results may differ materially from any forward-looking statements that we might make today and we direct you to the cautionary statements in the 8-K that we filed with our press release and in our most recent '34 Act.