---
schema_version: "secwatch.filing_event.v1"
accession: "0000093556-23-000028"
form_type: "8-K"
ticker: "SWK"
cik: "0000093556"
company_name: "STANLEY BLACK & DECKER, INC."
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T07:34:07.447942+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Stanley Black & Decker Q3 adj. EPS $1.05, revenue $4.0B; raises adj. EPS guidance

## Summary
- GAAP EPS from cont. ops $0.03; adjusted EPS $1.05; revenue $3.95B, down 4% YoY.
- Gross margin 26.8% (GAAP); adj. gross margin 27.6%, up 290 bps YoY and 400 bps sequentially.
- Tools & Outdoor adj. op. margin 9.3% (+250 bps); Industrial adj. op. margin 12.2% (+110 bps).
- Cost reduction program $875M run-rate savings to date; inventory cut $1.7B since mid-2022.
- FY2023 GAAP EPS guidance lowered to ($1.45)-($1.00); adj. EPS raised to $1.10-$1.40.

## SEC filing metadata
- accession: 0000093556-23-000028
- form_type: 8-K
- ticker: SWK
- cik: 0000093556
- company_name: STANLEY BLACK & DECKER, INC.
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93556/000009355623000028/0000093556-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93556/000009355623000028/swk-20231027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000093556-23-000028
- JSON: https://secwatch.observer/filing/0000093556-23-000028.json
- Plain text: https://secwatch.observer/filing/0000093556-23-000028.txt

## Key facts
- Earnings Releases
  STANLEY BLACK & DECKER, INC. reported Full Year 2023 results: EPS ($1.45) to ($1.00) (From ($1.25) to ($0.50)), Raising Adjusted EPS* to $1.10 to $1.40 (From $0.70 to $1.30). Guidance lowered.
  - Period: Full Year 2023
  - EPS: ($1.45) to ($1.00) (From ($1.25) to ($0.50)), Raising Adjusted EPS* to $1.10 to $1.40 (From $0.70 to $1.30)
  - Guidance: lowered
  - Result: guidance update
  source text: Updating 2023 EPS Guidance Ranges: Full Year GAAP EPS Now Expected to be ($1.45) to ($1.00) (From ($1.25) to ($0.50)), Raising Adjusted EPS* to $1.10 to $1.40 (From $0.70 to $1.30); Maintaining Free Cash Flow* Range of $0.6 Billion to $0.9 Billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/93556/000009355623000028/0000093556-23-000028-index.htm
- Earnings Releases
  STANLEY BLACK & DECKER, INC. reported third quarter 2023 results: revenue $4.0 Billion, EPS $0.03. Guidance lowered.
  - Period: third quarter 2023
  - Revenue: $4.0 Billion
  - EPS: $0.03
  - Guidance: lowered
  - Result: reported results
  source text: 27, 2023 ... Stanley Black & Decker (NYSE: SWK) , a worldwide leader in tools and outdoor, today announced third quarter 2023 financial results. • Third Quarter Revenues of $4.0 Billion, Down Versus Prior Year Primarily Due to Lower Outdoor and DIY Volume as Well as Attachment Tool Customer Destocking • Third Quarter Gross Margin Was 26.8%; Third Quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/93556/000009355623000028/0000093556-23-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.