Stanley Black & Decker Q4 GAAP EPS ($0.72); FY23 adjusted EPS guidance $0.00-$2.00

STANLEY BLACK & DECKER, INC.

2022-FY EPS reported $6.76 revenue$16,947,400,000

Full year 2022 revenue $16.9B (+11%); Q4 revenue $4.0B flat; Q4 GAAP EPS ($0.72), adjusted diluted EPS ($0.10).
Tools & Outdoor segment profit rate ex-charges 1.0% (vs 11.4% prior year); Industrial profit rate 11.5% (+220 bps YoY).
Inventory reduced $500M in Q4; Q4 free cash flow $520M; debt reduced by $0.5B in the period.
Global Cost Reduction Program: $200M savings in H2 2022; on track for $1B by end 2023, $2B by 2025.
FY2023 guidance: GAAP EPS ($1.65)-$0.85; adjusted EPS $0.00-$2.00; free cash flow $0.5B-$1.0B.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

STANLEY BLACK & DECKER, INC. updated its fourth quarter and full year 2022 guidance (reaffirmed).

Period: fourth quarter and full year 2022
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On February 2, 2023, Stanley Black & Decker, Inc. issued a press release announcing fourth quarter and full year 2022 results.

View on SEC.gov

Browse all earnings releases →

STANLEY BLACK & DECKER, INC. filing history →

Source: SEC EDGAR

accession 0000093556-23-000003

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.