---
schema_version: "secwatch.filing_event.v1"
accession: "0000093556-24-000088"
form_type: "8-K"
ticker: "SWK"
cik: "0000093556"
company_name: "STANLEY BLACK & DECKER, INC."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:41:58.109267+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Stanley Black & Decker Q1: revenue -2%, GAAP EPS $0.13, adj. EPS $0.56; gross margin +740bps

## Summary
- Revenue $3.87B (-2% YoY); GAAP EPS $0.13 (vs -$1.26 loss), adjusted EPS $0.56.
- Gross margin 28.6% (up 740bps); adjusted gross margin 29.0% (up 590bps) on lower destocking and supply chain benefits.
- Tools & Outdoor segment margin 7.8% (vs 0.6% prior); Engineered Fastening organic sales +5%.
- Closed STANLEY Infrastructure sale for $760M on Apr 1; proceeds used to reduce short-term debt.
- Reiterated 2024 guidance: adj EPS $3.50-$4.50, FCF $0.6-$0.8B; cost program on track for $1.5B savings by year-end.

## SEC filing metadata
- accession: 0000093556-24-000088
- form_type: 8-K
- ticker: SWK
- cik: 0000093556
- company_name: STANLEY BLACK & DECKER, INC.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93556/000009355624000088/0000093556-24-000088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93556/000009355624000088/swk-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000093556-24-000088
- JSON: https://secwatch.observer/filing/0000093556-24-000088.json
- Plain text: https://secwatch.observer/filing/0000093556-24-000088.txt

## Key facts
- Earnings Releases
  STANLEY BLACK & DECKER, INC. reported first quarter 2024 results: revenue $3.9 Billion, EPS GAAP EPS Was $0.13; Adjusted EPS* Was $0.56. Guidance reaffirmed.
  - Period: first quarter 2024
  - Revenue: $3.9 Billion
  - EPS: GAAP EPS Was $0.13; Adjusted EPS* Was $0.56
  - Guidance: reaffirmed
  - Result: reported results
  source text: May 2, 2024 ... Stanley Black & Decker (NYSE: SWK) , a worldwide leader in tools and outdoor, today announced first quarter 2024 financial results. • First Quarter Revenues of $3.9 Billion, Down 2% Versus Prior Year as Growth in DEWALT and Engineered Fastening was More Than Offset by Lower Infrastructure Volume and Muted Consumer and DIY Demand • First Quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/93556/000009355624000088/0000093556-24-000088-index.htm

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