earnings
confidence high
sentiment neutral
materiality 0.80
Stanley Black & Decker Q3 adj EPS $1.22; guides FY adj EPS $3.90-$4.30
STANLEY BLACK & DECKER, INC.
2024-Q3 EPS reported
$0.66
revenue$11,645,200,000
- Revenue $3.75B (-5% YoY) with Tools & Outdoor -3%, Industrial -18% due to infrastructure divestiture.
- GAAP EPS $0.60; adjusted EPS $1.22. Gross margin 29.9% (+310 bps); adjusted 30.5%.
- Operating cash flow $286M; free cash flow ~$200M. $100M debt reduction in Q3.
- Narrowed FY GAAP EPS to $1.15-$1.75, adj EPS to $3.90-$4.30; FCF reiterated $650M-$850M.
- Supply chain transformation generated $1.4B cumulative run-rate savings; targeting $2B by end of 2025.