The market expects Stanley Black & Decker (SWK) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 29, might help the stock move higher if these key numbers are b ...

| RPM Interna ... | 113.30 | -1.00 (-0.87%) | 84.63万股 | 145.50亿 -7.10% | = == | | --- | --- | --- | --- | --- | --- | | us RPM | 113.30 | 0.00 (0.00%) 盘后 | | | | | 3M公司 | 155.84 | -1.48 (-0.94%) | 240.16万股 | 838.70亿 +21.91% | 0 … | | us MMM | 155.83 | -0.01 (-0.01%) 盘后 | | | | | 斑马技术 | 327.14 | -3.21 (-0.97%) | 41.75万股 | 166.36亿 -15.30% | == | | US ZBRA | 310.79 | -16.35 (-5.00%) 盘后 | | | | | 梅特勒-托利多 | 1223.93 | -12.31 (-1.00%) | 11.88万股 | 254.37 亿 +0.02% | = == | | us MTD | 1223.93 | 0.00 (0.00%) 盘后 | | | ...

Core Viewpoint - Analyst Nigel Coe from Wolfe Research upgraded Stanley Black & Decker from "underperform" to "peer perform," indicating a potential stabilization in the stock's performance [1][3] Group 1: Market Analysis - Coe suggests that the demand for Stanley's products is likely at a low point, or "trough," and anticipates a rebound, particularly if the Federal Reserve cuts interest rates [3] - The company is currently experiencing its third consecutive year of declining sales, but there is a consensus among analysts that earnings will grow this year and continue to grow for at least the next couple of years [4] Group 2: Financial Performance - Long-term growth rate projections for Stanley Black & Decker are estimated at a respectable 11% annualized [4] - The company reported strong free cash flow of $765 million over the past year, which is twice the reported GAAP earnings [4] - At a valuation of 14 times free cash flow and a dividend yield of 4.7%, Stanley's stock appears to be undervalued [5]

Core Insights - The STANLEY® Pro's Perspective: Job Satisfaction Report indicates a positive outlook among residential professionals for 2025, despite challenges such as rising material costs and labor shortages [2][3][4] Industry Overview - A survey of 500 small repair and remodeling company owners and managers in the U.S. reveals that 89% feel confident about new job opportunities in 2025, with 69% reporting that clients are increasing project sizes [2][4][10] - The survey highlights that 93% of residential pros' clients are interested in high-end design projects, with top priorities including blending painted and finished wood surfaces (44%) and painted wood cabinetry in bold colors (39%) [7][10] Project Priorities - The most prioritized projects for clients in 2025 are kitchen and bathroom remodels, with 81% focusing on kitchen renovations and 79% on bathroom updates [8][10] - Other significant areas of focus include basements (64%) and living rooms (48%) [9][10] Job Satisfaction - A high level of job satisfaction is reported, with 85% of residential pros expressing fulfillment in their work and 82% feeling that financial benefits justify their efforts [13][14] - The survey indicates that 64% of clients show appreciation through referrals, and 81% of pros believe their autonomy is crucial for job satisfaction [11][14] Economic Context - Despite concerns regarding material (36%) and labor costs (30%), the overall sentiment remains optimistic among residential professionals [5][10]

Financial Performance - Net sales for Q1 2025 were $3,744.6 million, a decrease of 3.2% from $3,869.5 million in Q1 2024[2] - Gross profit increased to $1,120.8 million, representing 29.9% of net sales, compared to 28.6% in the previous year[2] - Net earnings for Q1 2025 were $90.4 million, significantly up from $19.5 million in Q1 2024, resulting in diluted earnings per share of $0.60[2] - Non-GAAP net earnings for Q1 2025 were $114.4 million, with a diluted earnings per share of $0.75 after adjustments[9] - Net earnings for Q1 2025 were $90.4 million, a significant increase from $19.5 million in Q1 2024, representing a growth of 362.3%[13] - Adjusted EBITDA for Q1 2025 was $361.8 million, up from $342.6 million in Q1 2024, reflecting an increase of 5.7%[13] Segment Performance - The Tools & Outdoor segment reported net sales of $3,280.9 million, slightly down from $3,284.6 million in Q1 2024, while segment profit increased to $289.2 million[8] - The Engineered Fastening segment saw a decline in net sales to $463.7 million from $584.9 million, with segment profit dropping to $39.0 million[8] - GAAP revenue growth for Stanley Black & Decker was -3% in Q1 2025, with organic growth at 1% after adjusting for currency and acquisitions[17] - The Engineered Fastening segment experienced a decline of 21% in GAAP revenue growth, with organic growth at -1%[17] Cash Flow and Dividends - Free cash flow before dividends for Q1 2025 was $(485.0) million, slightly improved from $(496.7) million in Q1 2024[6] - The company declared a dividend of $0.82 per share, up from $0.81 in the previous year[2] Assets and Liabilities - Total current assets rose to $7,009.1 million as of March 29, 2025, compared to $6,377.7 million at the end of 2024[4] - Total liabilities increased to $13,654.1 million from $12,528.5 million, with short-term borrowings of $1,135.2 million reported[4] Expenses and Charges - Selling, general and administrative expenses were $22.0 million in Q1 2025, up from $20.1 million in Q1 2024, reflecting an increase of 9.5%[15] - Interest expense decreased to $77.2 million in Q1 2025 from $87.9 million in Q1 2024, a reduction of 12.8%[13] - The company incurred a restructuring charge of $1.2 million in Q1 2025, compared to $15.0 million in Q1 2024, indicating a decrease of 92%[15] Other Financial Metrics - Non-GAAP adjustments before income taxes totaled $31.5 million in Q1 2025, down from $71.5 million in Q1 2024, indicating a reduction of 56%[15] - Supply Chain Transformation Costs in Q1 2025 amounted to $16.7 million, compared to $14.4 million in Q1 2024, showing an increase of 15.9%[15] - The company reported a gross profit of $16.7 million in Q1 2025, compared to $14.4 million in Q1 2024, marking a growth of 15.9%[15]

Leadership Transition - Stanley Black & Decker has appointed Christopher Nelson as the new President and CEO, effective October 1, 2025, succeeding Donald Allan, Jr. who has been CEO since July 2022 [1][5] - Donald Allan will transition to the role of Executive Chair of the Board, while Andrea Ayers will become Lead Independent Director [2][5] - This leadership change is part of a comprehensive succession planning process undertaken by the Board [1] Executive Background - Christopher Nelson has over 25 years of executive leadership experience and has been with Stanley Black & Decker since 2023 as COO and President of Tools & Outdoor [6] - Prior to joining Stanley Black & Decker, Nelson held leadership roles at Carrier, the U.S. Army, Johnson & Johnson, and McKinsey & Company [6] Company Performance Expectations - Stanley Black & Decker anticipates that its Second Quarter GAAP and Adjusted EPS performance will exceed its 2025 Planning Assumptions from the Q1 2025 earnings call [4][5]

Investor Presentation V e r s i o n 2 . 2 0 . 2 0 2 4 Contents | SWK Overview | Pages 4 – | 13 | | --- | --- | --- | | Tools & Outdoor | Pages 14 – | 24 | | Industrial | Pages 25 – | 29 | | Appendix | Pages 30 – | 37 | Contacts Dennis Lange Vice President, Investor Relations 860-827-3833 dennis.lange@sbdinc.com Christina Francis Director, Investor Relations 860-438-3470 christina.francis@sbdinc.com Christopher Capela Director, Investor Relations 860-827-5556 christopher.capela@sbdinc.com 1000 Stanley Drive ...

Investor Presentation V e r s i o n 5 . 1 3 . 2 0 2 4 Contents | | . | | --- | --- | | | . | | | . | | | . | | | . | | | . | | Contacts | | --- | Dennis Lange Vice President, Investor Relations 860-827-3833 dennis.lange@sbdinc.com Christina Francis Director, Investor Relations 860-438-3470 christina.francis@sbdinc.com Christopher Capela Director, Investor Relations 860-827-5556 christopher.capela@sbdinc.com 1000 Stanley Drive New Britain, CT 06053 investorrelations@sbdinc.com | SWK Overview | Pages 4 – | 13 ...

Investor Presentation V e r s i o n 8 . 9 . 2 0 2 4 Contents | SWK Overview | Pages 4 – | 13 | | --- | --- | --- | | Tools & Outdoor | Pages 14 – | 23 | | Industrial | Pages 24 – | 28 | | Appendix | Pages 29 – | 36 | Contacts Dennis Lange Vice President, Investor Relations 860-827-3833 dennis.lange@sbdinc.com Christina Francis Director, Investor Relations 860-438-3470 christina.francis@sbdinc.com Christopher Capela Director, Investor Relations 860-827-5556 christopher.capela@sbdinc.com 1000 Stanley Drive Ne ...

Core Insights - The article emphasizes the importance of understanding that past performance does not guarantee future results, highlighting the need for careful analysis before making investment decisions [2][3] Group 1 - The article discusses the role of analysts in providing insights and opinions on various companies and industries, noting that these views may not reflect the overall stance of the publication [3] - It mentions that the information presented is believed to be factual and up-to-date, but does not guarantee accuracy, indicating the necessity for investors to conduct their own research [2][3] - The article clarifies that no specific investment recommendations are being made, and it is not an offer to buy or sell securities [2][3] Group 2 - The disclosure states that the authors have no financial positions in the companies mentioned, which aims to eliminate potential conflicts of interest [1] - It highlights that the opinions expressed are subject to change and may not represent the views of the publication as a whole [3] - The article notes that the authors include both professional and individual investors, some of whom may not be licensed or certified [3]