Irene Holman | VP, IR |
Donald Macpherson | Chairman & CEO |
Tom Okray | SVP & CFO |
Ryan Merkel | William Blair |
David Manthey | Baird |
Deane Dray | RBC Capital Markets |
Christopher Glynn | Oppenheimer |
Patrick Baughman | JPMorgan |
Adam Uhlman | Cleveland Research Company |
Chris Dankert | Longbow Research |
Karen Lau | Gordon Haskett |
Robert Barry | Buckingham Research |
Mario Cortellacci | Jefferies |
Michael McGinn | Wells Fargo |
Justin Bergner | Gabelli & Company |
Greetings. Welcome to the W.W. Grainger Fourth Quarter 2019 Earnings Conference Call. At this time all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation.