Stanley Black & Decker Inc at Morgan Stanley Laguna Conference Transcript

Sep 13, 2023 / 05:30PM GMT
Joshua Charles Pokrzywinski - Morgan Stanley, Research Division - Equity Analyst

Good morning, everybody. Thanks for joining us on day 2. We're going to keep things rolling with the team from Stanley Black & Decker. We have Stanley's new CFO, Patrick Hallinan, joining us as well as familiar face in Investor Relations. Everyone knows Dennis Lange.

So Patrick, if you want to just kind of give us some opening remarks. I know you have some slides online, maybe with refer to folks at home can click along. But maybe give us a lay of the way in first, and then, we'll dive into some Q&A.

Patrick D. Hallinan - Stanley Black & Decker, Inc. - Executive VP & CFO

I think -- I've spent the morning here today, first time at this conference. A lot of the attendees probably know the company as well or better than I do at this point. But obviously, a company in the midst of a transition. Don and the Board streamlined the portfolio, focusing on two businesses, the tools and outdoor business, that's about 85% of our revenue, and Industrial business, that's

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