Stanley Black & Decker(SWK)
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Taking A Small Position In Stanley Black & Decker (Rating Upgrade)
Seeking Alpha· 2025-04-10 11:20
It’s been about 3 ½ months since I announced to an indifferent world that I’m continuing to avoid Stanley Black & Decker Inc. ( SWK ) in an article with the stupendously creative title “Continue to Avoid Stanley Black & Decker.” Since then, theI'm a quant investment newsletter writer who marries fundamental analysis with the latest research in momentum. Over the past few years, I’ve developed a piece of software that helps me track the level of optimism and pessimism embedded in stock price. I seek to chall ...
Stanley Black & Decker Announces Release Date for First Quarter 2025 Earnings
Prnewswire· 2025-03-27 21:00
NEW BRITAIN, Conn., March 27, 2025 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) will broadcast its first quarter 2025 earnings webcast on Wednesday, April 30, 2025. The webcast will begin at 8:00AM ET.A news release outlining the financial results will be distributed before the market opens on Wednesday, April 30, 2025. A slide presentation which will accompany the call will be available at www.stanleyblackanddecker.com/investors and will remain available after the call.The call will be available thro ...
DEWALT® Expands Its Lineup of Outdoor Power Equipment Solutions to Tackle the Most Demanding Landscaping Jobs
Prnewswire· 2025-03-25 12:03
"Our customers are seeking products that increase their productivity and efficiency. With a range of options in both gas and battery, we are innovating across DEWALT's outdoor power equipment solutions to help power through demanding landscaping jobs and yield pro-level results," said Guy Dekowski, Director, Product Management for DEWALT. "At DEWALT, we continuously incorporate feedback from customers to ensure our solutions meet their needs, and we are committed to developing solutions that deliver powerfu ...
Here's Why Investors Should Retain Stanley Black & Decker in Portfolio
ZACKS· 2025-03-20 16:45
Stanley Black & Decker, Inc. (SWK) is witnessing solid momentum in the Tools & Outdoor segment. The segment’s organic revenues in the fourth quarter of 2024 increased 3% to $3.2 billion, driven by persistent strength in its DEWALT business and a solid holiday season. Impressive demand for several brands like powershift, Construction Jack and toughsystem, along with new product launches, is driving its DEWALT business. However, persistent softness in the DIY market and depressing demand for power tools remai ...
3 Dividend Kings That Are Trading Near Their 52-Week Lows
The Motley Fool· 2025-03-20 08:55
Core Viewpoint - Buying top dividend stocks near their 52-week lows can provide long-term investors with higher yields and potential for future capital appreciation Group 1: Target (TGT) - Target has faced challenges with declining sales due to reduced consumer discretionary spending, with a revenue drop of less than 1% to under $107 billion for the year ending Feb. 1 [4] - Despite the sales decline, Target maintains a strong profit margin, with a payout ratio around 50%, allowing for continued dividend increases; the current yield is 4.3% and the dividend has been raised by 70% over five years [5] - The stock has only increased by 2% over the past five years and is trading at 12 times trailing earnings, close to its 52-week low of $103.46, indicating potential for long-term investment despite short-term challenges [6] Group 2: PepsiCo (PEP) - PepsiCo has a 53-year streak of dividend increases, with a recent 7% hike, offering a current yield of 3.7%, which is significantly higher than the S&P 500 average of 1.4% [7] - The company reported flat sales of $91.9 billion in 2024, with concerns about the impact of GLP-1 weight loss drugs on consumer behavior; PepsiCo is adapting by acquiring healthier brands, such as Poppi for $2 billion [8] - PepsiCo shares have declined by 8% in the past year and are trading near their 52-week low of $141.51 at 22 times trailing earnings, presenting a potential buying opportunity [9] Group 3: Stanley Black & Decker (SWK) - Stanley Black & Decker has the longest dividend increase streak at 57 years, with a current yield exceeding 4%, making it attractive for income-focused investors [10] - The company has experienced sales declines over the past two years due to economic conditions affecting consumer spending on repairs and renovations; it is focusing on cost-cutting and debt reduction, with long-term debt at $5.6 billion [12] - Although the trailing earnings multiple is high at 43 due to restructuring charges, the forward price-to-earnings multiple is estimated at 15, and the stock is near its 52-week low of $77.70, suggesting it may be undervalued for long-term investors [13]
Stanley Black & Decker Announces Upcoming Conferences
Prnewswire· 2025-02-13 21:00
Core Insights - Stanley Black & Decker is hosting webcasts for investors and the public to discuss business strategies and answer questions [1][2] - The company is a global leader in tools and outdoor products, employing approximately 48,500 people and producing a wide range of innovative products [3] Company Overview - Founded in 1843, Stanley Black & Decker is headquartered in the USA and operates manufacturing facilities worldwide [3] - The company’s product portfolio includes power tools, hand tools, storage solutions, digital jobsite solutions, outdoor products, and engineered fasteners [3] - Notable brands under the company include DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet® [3] Upcoming Events - The company will participate in the Barclays 42nd Annual Industrial Select Conference on February 20, 2025, featuring key executives [5] - Additionally, the company will attend the 46th Annual Raymond James Institutional Investors Conference on March 4, 2025 [5]
DEWALT® Debuts DEWALT TOUGHWIRE™ Cable Hanger System and New Trade Solutions at AHR Expo
Prnewswire· 2025-02-06 15:49
DEWALT TOUGHWIRE™ systemizes cable hanging for mechanical, electrical and plumbing trades and includes various wire attachments, locking devices, components and accessories New tools added to DEWALT's trade solutions include a 20V MAX* Plastic Tubing Cutter, 20V MAX* Pipe Deburring Tool, 20V MAX* XR® Copper Tubing Cutter and more Visit DEWALT at booth 5843 in the West Building from February 10-12 at AHR Expo TOWSON, Md., Feb. 6, 2025 /PRNewswire/ -- DEWALT, a Stanley Black & Decker (NYSE: SWK) brand and le ...
Stanley Black's Q4 Earnings Beat Estimates, Sales Down Y/Y
ZACKS· 2025-02-05 17:30
Stanley Black & Decker, Inc. (SWK) reported fourth-quarter 2024 adjusted earnings of $1.49 per share, which beat the Zacks Consensus Estimate of $1.28. The bottom line increased 62% year over year.Stanley Black’s net sales of $3.72 billion beat the consensus estimate of $3.57 billion. The top line declined 0.4% year over year due to weakness in the Industrial segment.For 2024, SWK reported net revenues of $15.37 billion, which decreased 2.6% year over year. For the year, the company’s adjusted earnings were ...
Stanley Black & Decker(SWK) - 2024 Q4 - Earnings Call Transcript
2025-02-05 15:20
Financial Data and Key Metrics Changes - The company reported full-year revenues of $15.4 billion, flat on an organic basis, with a notable adjusted gross margin of over 31% in Q4 and 30% for the full year, reflecting a 400 basis point expansion compared to 2023 [11][13][15] - Adjusted EBITDA for the full year was $1.6 billion, with a margin of 10.1%, representing a 290 basis point increase from 2023 [14][15] - Adjusted earnings per share for the full year reached $4.36, showing significant growth over 2023 [15] Business Line Data and Key Metrics Changes - Tools and Outdoor segment revenue for Q4 was approximately $3.2 billion, driven by 3% organic growth, with DEWALT achieving its seventh consecutive quarter of organic growth [35][36] - The Industrial segment saw a 15% decline in reported revenue, primarily due to the divestiture of the infrastructure business, while organic revenue remained flat [44] - Aerospace fastening experienced standout organic growth of 22%, contributing positively to overall revenue results [12] Market Data and Key Metrics Changes - North America organic growth was up 2%, while Europe saw a 4% increase, and the Rest of the World grew 8% organically, driven by strong performance in Latin America and India [40][41] - The overall market demand is expected to remain stable and relatively flat year-over-year, with some end markets not improving until 2026 [25][72] Company Strategy and Development Direction - The company is focused on achieving long-term adjusted gross margin targets of over 35% and aims for mid-single-digit organic growth in a low single-digit market [16][17] - Investments are being made in core brands like DEWALT, Stanley, and Craftsman to drive market share growth and enhance product offerings [30][31] - The company is actively engaging with policymakers to navigate potential tariff impacts and is repositioning its supply chain to mitigate risks [23][124] Management's Comments on Operating Environment and Future Outlook - Management noted a mixed macroeconomic backdrop but expressed confidence in the company's ability to navigate challenges and achieve long-term financial goals [9][89] - The first half of 2025 is expected to remain choppy, with modest organic growth anticipated, while a potential positive inflection may occur later in the year [24][72] - The company is committed to maintaining a solid investment-grade credit rating and reducing debt to achieve a leverage target of approximately 2.5 times net debt to adjusted EBITDA [64] Other Important Information - The company achieved approximately $500 million in pretax run rate cost savings for 2024, contributing to a total of $1.5 billion since the inception of its transformation program [57][58] - Free cash flow generation for 2024 was approximately $750 million, supporting ongoing capital allocation priorities [61][62] Q&A Session Summary Question: Margin outlook and operating margin increase - Management indicated a target of approximately 250 basis points of full-year margin expansion for 2025, with expectations of over 100 basis points in the first half and over 300 basis points in the second half [94][96] Question: SG&A investments for growth - The company plans to maintain SG&A as a percentage of net sales around 22%, with investments focused on core brands and local market activation [105][106] Question: Share gains and DEWALT growth - Management confirmed ongoing investment in DEWALT to build on its growth momentum while also expecting stabilization and modest share gains in Stanley and Craftsman [111][112] Question: Tariff impacts and mitigation strategies - The company expects a net impact of $10 to $20 million from tariffs, with mitigation strategies involving pricing and supply chain adjustments [115][116] Question: Clarification on tariff headwinds - Management clarified that the potential $200 million headwind from increased tariffs would be managed through pricing and supply chain reconfiguration, with ongoing efforts to reduce reliance on China [132][133]
Stanley Black & Decker(SWK) - 2024 Q4 - Earnings Call Presentation
2025-02-05 13:38
Fourth Quarter And Full Year 2024 Overview February 5, 2025 Participants Don Allan President & CEO Chris Nelson COO, EVP And President, Tools & Outdoor Pat Hallinan Executive Vice President, CFO Dennis Lange Vice President, Investor Relations 2 4Q And FY 2024 Earnings Call Cautionary Statement This Presentation and related discussions contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as am ...