{"schema_version":"secwatch.filing_event.v1","accession":"0000093556-23-000011","form_type":"8-K","ticker":"SWK","cik":"0000093556","company_name":"STANLEY BLACK & DECKER, INC.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.930303+00:00","generated_at":"2026-06-15T23:53:19.822703+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Stanley Black & Decker Q1 loss of $1.26 EPS; revenue down 12%; cost savings on track","bullets":["Net sales $3.93B, down 12% YoY; GAAP diluted EPS ($1.26); adjusted diluted EPS ($0.41).","Tools & Outdoor segment profit rate ex-charges 3.0% vs 14.0% YoY; Industrial 11.0% vs 6.4% YoY.","Inventory reduced ~$200M sequentially to $5.7B; targeting $0.75-1B reduction in 2023.","Cost reduction program delivered $230M pre-tax run-rate savings in Q1; on track for $1B by end of 2023.","2023 GAAP EPS guidance narrowed to ($1.65)-$0.60; adjusted EPS reaffirmed $0.00-$2.00; FCF $0.5-1.0B."],"urls":{"canonical":"https://secwatch.observer/filing/0000093556-23-000011","json":"https://secwatch.observer/filing/0000093556-23-000011.json","markdown":"https://secwatch.observer/filing/0000093556-23-000011.md","text":"https://secwatch.observer/filing/0000093556-23-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/93556/000009355623000011/0000093556-23-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/93556/000009355623000011/swk-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T23:53:19.822703+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2c6133180edbd306f6934736b8e2225dc5787b1b","claim":"STANLEY BLACK & DECKER, INC. reported first quarter 2023 results: revenue $3.9 Billion, EPS ($1.26). Guidance reaffirmed.","evidence_excerpt":"Since Mid-2022 New Britain, Connecticut, May 4, 2023 ... Stanley Black & Decker (NYSE: SWK) today announced first quarter 2023 financial results. • First Quarter Revenues of $3.9 Billion, Down Versus Prior Year Due to Lower Consumer & DIY Volume, Currency and Strategic Divestiture • First Quarter Diluted GAAP EPS Was ($1.26); Excluding Charges, First Quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/93556/000009355623000011/0000093556-23-000011-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Revenue","value":"$3.9 Billion"},{"label":"EPS","value":"($1.26)"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}