secwatch.observer — SEC 8-K summary
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Issuer:     STANLEY BLACK & DECKER, INC. (SWK)
CIK:        0000093556
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0000093556-24-000179
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stanley Black & Decker Q3 adj EPS $1.22; guides FY adj EPS $3.90-$4.30
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93556/000009355624000179/0000093556-24-000179-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93556/000009355624000179/swk-20241029.htm
  HTML page:      https://secwatch.observer/filing/0000093556-24-000179

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer