Stanley Black & Decker, Inc.


SKU: SWK-1 Category:


In the third quarter, Stanley Black & Decker managed a decent result including an earnings beat. The company enhanced adjusted gross margin, earnings per share, and free cash flow compared to the previous year, demonstrating focused execution and strategic advancements. Its Q3 revenue reached $4 billion, reflecting a decline from the previous year, primarily attributed to lower Outdoor and DIY volume. However, demand for professional tools, automotive, and aerospace fasteners exhibited healthy growth. The company’s US retail point of sale for Tools and outdoor products continued to grow, stabilizing its share position amid market fluctuations. The benefits of inventory optimization and supply chain transformation became evident, positioning the company for future margin improvements. Looking ahead to 2024, Stanley Black & Decker’s team anticipates additional gross margin gains and continues to focus on improving margins in uncertain market conditions. Third-quarter revenue declined 4% in the industrial business segment, attributed to lower volume and the impact of the Q3 2022 Oil and gas business divestiture. Within the Engineered Fastening segment, organic revenues grew, driven by the aerospace and auto sectors, while the Attachment Tool business experienced declines due to customer destocking.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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