Stanley Black & Decker Earnings Reports

Stanley Black & Decker's Q4 2024 results showed flat revenue compared to the prior year, but with 3% organic growth. The company achieved a gross margin increase of 120 basis points and generated strong free cash flow. Management is preparing countermeasures designed to mitigate the impact from recently announced tariffs.

Stanley Black & Decker reported Q3 2024 results with revenues of $3.8 billion, a 5% decrease year-over-year. Gross margin increased to 29.9%, up 310 basis points from the prior year. GAAP EPS was $0.60, and adjusted EPS was $1.22. The company generated $286 million in cash from operating activities and approximately $200 million in free cash flow.

Stanley Black & Decker reported second-quarter revenues of $4.0 billion, a 3% decrease versus the prior year. However, the company saw improvements in gross margin and strong cash generation, supported by debt reduction.

Stanley Black & Decker reported first-quarter revenues of $3.9 billion, a 2% decrease year-over-year. The company's gross margin increased to 28.6%, up 740 basis points from the prior year. GAAP EPS was $0.13, and adjusted EPS was $0.56. The sale of STANLEY Infrastructure was completed on April 1, with proceeds used to reduce short-term debt.

Stanley Black & Decker's Q4 2023 results showed a revenue of $3.7 billion. The company's gross margin expanded sequentially, driven by supply chain actions and lower shipping costs. The company generated full year cash from operating activities of $1.2 billion and free cash flow of $853 million, with inventory reduced by $1.9 billion since mid-2022.

Stanley Black & Decker's third quarter 2023 results showed a decrease in revenue compared to the previous year, primarily due to lower volume in the Outdoor and DIY sectors. However, the company's gross margin and operating margin improved year-over-year. The company also generated cash from operating activities and free cash flow driven by inventory reductions.

Stanley Black & Decker's Q2 2023 results showed a revenue decrease but significant progress in strategic business transformation, including cost savings, inventory reduction, and gross margin improvements. The company is narrowing its 2023 guidance ranges and remains focused on cash flow generation and long-term growth.

Stanley Black & Decker reported a decrease in first-quarter revenue to $3.9 billion, primarily due to lower consumer and DIY volume, currency impacts, and strategic divestitures. Diluted GAAP EPS was negative, but the company is making progress on cost reduction and inventory optimization.

Stanley Black & Decker's fourth-quarter revenues were $4.0 billion, in line with the prior year. The company reported a GAAP EPS loss of ($0.72) and an adjusted EPS loss of ($0.10). They generated $520 million in free cash flow and reduced inventory by $500 million during the quarter. The company is guiding for a full-year 2023 GAAP EPS of ($1.65) to $0.85.

Stanley Black & Decker announced third quarter 2022 financial results, with revenues of $4.1 billion, up 9% versus prior year. Diluted GAAP EPS was $0.24, and adjusted diluted EPS was $0.76. The company is updating its full year 2022 diluted GAAP EPS guidance range to $0.10 to $0.80 and adjusted diluted EPS to $4.15 to $4.65.

Stanley Black & Decker reported second-quarter revenues of $4.4 billion, a 16% increase compared to the prior year, driven by acquisitions in outdoor power equipment and price realization. The company is implementing a global cost reduction program expected to deliver pre-tax savings of $1 billion by the end of 2023 and grow to approximately $2 billion within 3 years. The company updated its full-year 2022 diluted GAAP EPS guidance range to $0.80 - $2.05 and adjusted diluted EPS to $5.00 - $6.00.

Stanley Black & Decker reported record third quarter revenues of $4.3 billion, up 11% versus prior year, with all segments contributing to 10% organic growth. Diluted GAAP EPS was $2.56, and excluding charges, diluted EPS was $2.77. The company is revising its 2021 diluted GAAP EPS guidance range to $10.20 - $10.45 and adjusted EPS to $10.90 - $11.10.

Stanley Black & Decker reported an outstanding second quarter with a 37% increase in revenues to $4.3 billion. The company experienced double-digit growth across all segments, contributing to a 33% organic growth. Diluted EPS reached $3.08, up 93% versus prior year, and free cash flow was $339 million, up 28% versus prior year.

Stanley Black & Decker reported a strong first quarter in 2021, with revenue reaching $4.2 billion, a 34% increase compared to the prior year. The company's diluted GAAP EPS was $2.98, and excluding charges, the diluted EPS was $3.13, up 161% versus prior year. As a result of this strong performance, the company is raising its 2021 diluted GAAP EPS guidance range to $10.15 - $10.55.

Stanley Black & Decker reported strong Q4 2020 results with a 19% increase in revenue and a 51% increase in diluted EPS, driven by organic growth and margin expansion.

Stanley Black & Decker reported a strong third quarter with revenue up 6% year-over-year, driven by organic growth in Tools & Storage. The company achieved record operating margins and earnings per share through cost control and margin resiliency initiatives. Free cash flow also showed significant improvement.

Stanley Black & Decker's second quarter 2020 results showed a revenue decrease of 16% year-over-year to $3.1 billion due to COVID-19 impacts, though strong cost control and price realization helped mitigate the decline. Diluted GAAP EPS was $1.52, and excluding charges, diluted EPS was $1.60. The company is proceeding with its $1 billion cost reduction program and realized $175 million in savings during the quarter.

Stanley Black & Decker's first quarter results were impacted by COVID-19, leading to a revenue decline of 6%. The company is implementing a cost reduction program expected to deliver $1 billion in annualized savings. Despite the challenges, the company maintains a strong financial position.

Stanley Black & Decker reported Q4 2019 revenues of $3.7 billion, a 2% increase compared to the previous year. The diluted GAAP EPS was $1.32, and excluding charges, the diluted EPS was $2.18. The company delivered a strong 2019 overcoming approximately $445 million in external headwinds.