Earnings Labs

Stanley Black & Decker, Inc. (SWK)

Q3 2008 Earnings Call· Thu, Oct 23, 2008

$78.61

-1.53%

Key Takeaways · AI generated
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Same-Day

-3.57%

1 Week

+0.16%

1 Month

-10.48%

vs S&P

-3.21%

Transcript

Transcript

Operator

Executives Mark M. Rothleitner - Vice President-Investor Relations & TreasurerNolan D. Archibald – Chairman of the Board, President & Chief Executive OfficerStephen F. Reeves – Chief Financial Officer & Senior Vice PresidentAnalysts Nishu Sood - Deutsche BankAnalyst for David Goldberg - UBS SecuritiesDavid S. MacGregor - Longbow ResearchSam Darkatsh - Raymond JamesPeter Lisnic - Robert W. BairdDennis McGill - Zelman & AssociatesOperator My name is Regina and I will be your conference operator for today. At this time I would like to welcome everyone to the Black & Decker third quarter conference call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks there will be a question and answer session. (Operator Instructions) I would now like to turn the call over to Mr. Mark Rothleitner, Vice President Investor Relations and Treasurer.Mark M. Rothleitner Welcome to Black & Decker’s third quarter conference call. On today’s call our Chief Executive Officer, Nolan D. Archibald and our Chief Financial Officer, Stephen F. Reeves will discuss our third quarter results and outlook for the remainder of 2008. Their comments should take about 15 minutes and then we will answer your questions. In keeping with SEC requirements, I advise that during this call we will be making forward-looking statements that involve risks and uncertainties. For a more detailed discussion of the risks and uncertainties that may affect the Black & Decker Corporation, please review the reports we have filed with the SEC. In addition we will be referring to non-GAAP financial measures within the meaning of SEC Regulation G. A reconciliation of the differences between these measures with the most directly comparable financial measures calculated in accordance with GAAP is included on the corporation’s website under the Investor Relations section. And now, I will turn it over to…