Stanley Black & Decker, Inc. (SWK) CEO Jim Loree on Q1 2022 Results - Earnings Call Transcript

Stanley Black & Decker, Inc. (NYSE:SWK) Q1 2022 Earnings Conference Call April 28, 2022 8:00 AM ET

Company Participants

Dennis Lange - Vice President of Investor Relations

Jim Loree - Chief Executive Officer & Director

Don Allan - President & Chief Financial Officer

Conference Call Participants

Jeff Sprague - Vertical Research

Julian Mitchell - Barclays

Michael Rehaut - JPMorgan

Tim Wojs - Baird

Nigel Coe - Wolfe Research

Joe O'Dea - Wells Fargo

David MacGregor - Longbow Research

Eric Bosshard - Cleveland Research

Operator

Welcome to the First Quarter 2022 Stanley Black & Decker, Inc. Earnings Conference Call. My name is Shannon and I will be your operator for today's call. At this time, all participants are in listen-only mode. Later, we will conduct a question-and-answer session. Please note that this conference is being recorded.

I will now turn the call over to the Vice President of Investor Relations, Dennis Lange. Mr. Lange, you may begin.

Dennis Lange

Thank you, Shannon. Good morning, everyone and thanks for joining us for Stanley Black & Decker's 2022 first quarter conference call. On the call, in addition to myself, is Jim Loree, CEO; and Don Allan, President and CFO. Our earnings release which was issued earlier this morning and a supplemental presentation which we will refer to during the call, are available on the IR section of our website. A replay of this morning's call will also be available beginning at 11 a.m. today. The replay number and the access code are in our press release. This morning, Jim and Don will review our 2022 first quarter results and various other matters followed by a Q&A session. Consistent with prior calls, we're going to be sticking with just one question per caller.

And as we normally do, we will be making some forward-looking statements during the call based on our current views. As 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's therefore possible that actual results may materially differ from any forward-looking statements that we may make today. 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 filing.

I'll now turn the call over to our CEO, Jim Loree.