Stanley Black & Decker(SWK)

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Stanley Black & Decker Reports 1Q 2025 Results
Prnewswire· 2025-04-30 10:00
Core Insights - Stanley Black & Decker reported its eighth consecutive quarter of revenue growth, with first quarter 2025 revenues of $3.7 billion, down 3% year-over-year, but with 1% organic growth [1][7][8] - The company achieved a gross margin of 29.9%, an increase of 130 basis points compared to the previous year, driven by supply chain efficiencies and new product innovations [7][8][10] - The company is implementing price increases and supply chain adjustments in response to U.S. tariffs, with an estimated negative impact of $0.75 on 2025 EPS due to these tariffs [3][11][12] Financial Performance - First quarter 2025 net sales were $3,744.6 million, a decrease from $3,869.5 million in the prior year, with a gross profit of $1,120.8 million [28] - The Tools & Outdoor segment reported sales of $3,280.9 million, flat compared to the previous year, while the Engineered Fastening segment saw a decline in sales to $463.7 million, down 21% year-over-year [35] - Adjusted EPS for the first quarter was $0.75, compared to $0.56 in the prior year, reflecting improved operational efficiency [39] Segment Analysis - The Tools & Outdoor segment achieved a profit of $289.2 million with a segment margin of 8.8%, up 100 basis points from the previous year [5][35] - The Engineered Fastening segment's profit was $39.0 million, with a segment margin of 8.4%, down from 11.1% in the prior year, primarily due to lower volume in higher-margin automotive [9][35] - The company’s corporate overhead was reported at $(74.4) million, impacting overall segment profitability [35] Cost Management Initiatives - The Global Cost Reduction Program is expected to generate $2 billion in pre-tax run-rate cost savings by the end of 2025, with $130 million achieved in the first quarter of 2025 [10] - The company is focusing on supply chain transformation to enhance gross margins, targeting a long-term adjusted gross margin of over 35% [10][11] - Management is actively monitoring tariff policies and adjusting pricing strategies to mitigate impacts on profitability [3][11] Future Outlook - The company is planning for a range of scenarios in 2025, with a target free cash flow of at least $500 million [12][20] - The 2025 EPS planning assumption is set at $3.30 (+/- $0.15) on a GAAP basis, with an adjusted basis of approximately $4.50 [12][20] - Management will provide further details on planning assumptions and scenario analysis during the earnings call [12][14]
DEWALT Encourages High School Seniors Attending Trade School to Celebrate Their Decision
Prnewswire· 2025-04-29 13:31
Core Insights - DEWALT is recognizing high school seniors entering skilled trades on National Decision Day, encouraging them to share their trade school decisions on social media using digital banners provided by the brand [1][7] - A recent survey indicates that 77% of students in skilled trades education feel optimistic about their career choice, with 80% of parents and 71% of friends viewing trades careers positively [2][7] DEWALT's Initiatives - The announcement is part of DEWALT's Grow The Trades initiative, which includes a $30 million commitment by 2027 to address the skilled trades gap by enhancing accessibility and resources for trades training [4] - The DEWALT Trades Scholarship program will award $200,000 in scholarships to 40 students in the U.S. and Canada this month to support trades education [4] Company Background - DEWALT, a brand under Stanley Black & Decker, has been a leader in jobsite solutions for over 100 years, focusing on safety and productivity in construction [5] - Stanley Black & Decker, founded in 1843, operates globally with approximately 48,000 employees, producing a wide range of tools and solutions for builders and tradespeople [6]
Stanley Black Gears Up to Report Q1 Earnings: What's in Store?
ZACKS· 2025-04-28 14:31
Stanley Black & Decker, Inc. (SWK) is scheduled to release first-quarter 2025 results on April 30, before market open. Persistent softness in the automotive end market, owing to headwinds in the global automotive OEM light vehicle production, is likely to have hurt the Industrial segment's performance. Also, the divestiture of SWK's infrastructure business is likely to have weighed on the segment's year-over-year top-line comparison. We expect the Industrial segment's revenues to decline 16% year over year ...
Stanley Black & Decker Announces 2nd Quarter 2025 Dividend
Prnewswire· 2025-04-25 20:15
NEW BRITAIN, Conn., April 25, 2025 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK), a worldwide leader in Tools and Outdoor, announced today that its Board of Directors approved a regular second quarter cash dividend of $0.82 per common share. This extends the Company's record for the longest consecutive annual and quarterly dividend payments among industrial companies listed on the New York Stock Exchange. The dividend is payable on Tuesday, June 17, 2025, to shareholders of record as of the close of bu ...
Here's Why Hold Strategy is Apt for Stanley Black Stock Right Now
ZACKS· 2025-04-15 17:20
Stanley Black & Decker, Inc. (SWK) is witnessing persistent strength in the Tools & Outdoor segment, driven by strong momentum in its DEWALT business and a solid holiday season. Growing popularity for the company’s several brands like powershift, Construction Jack and toughsystem, along with new product launches, is driving its DEWALT business. However, softness in the DIY market and depressing demand for power tools remain concerning. The segment’s organic revenues in the fourth quarter of 2024 increased 3 ...
DEWALT® Sets New Benchmark in its Cordless Cut Capacity with Release of the 20V MAX* XR® 12-In. Double Bevel Sliding Miter Saw
Prnewswire· 2025-04-15 13:15
"No matter the jobsite, DEWALT is driven to engineer products that empower the pro," said Bill Harman, Vice President of Product Management at DEWALT. "From the first cut to the last screw, DEWALT's carpentry lineup provides end-to-end solutions that deliver precision and performance at every step of the workflow." New DEWALT Carpentry Solutions Include: 20V MAX* XR® 12-In. Double Bevel Sliding Miter Saw The 20V MAX* XR® 12-In. Double Bevel Sliding Miter Saw (DCS785) boasts DEWALT's largest cut capacity a ...
Here's Why Stanley Black & Decker Stock Crashed Today
The Motley Fool· 2025-04-10 18:24
Stanley Black & Decker (SWK -8.47%) declined by more than 11% in trading at noon ET today. The fall comes as the market sold off after a historic rally yesterday. However, the fact that the company's stock price declined so aggressively speaks to the market's view of the tools and industrial products company's exposure to trade disputes.Stanley Black & Decker and tariffsAside from its obvious exposure to any tariff-induced decline in the economy (significant, as discretionary spending on DIY tools and indus ...
Red Zone Ready: CRAFTSMAN Reveals DIYers' Winning Playbook to Tackle Home Improvement Projects This Season
Prnewswire· 2025-04-10 12:00
More than half of DIYers surveyed name the powered cordless screwdriver as the franchise player in their tool lineup Almost one-third of respondents said spouses were their first overall pick for a project partner Rock music emerges as the top draft pick for getting in the zone, closely followed by hip hop and rap TOWSON, Md., April 10, 2025 /PRNewswire/ -- Just as football teams get ready for this year's draft, DIYers have their own playbook when it comes to kicking off their plans for home improvement se ...
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 ...