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Winter Is Coming: Top Tips for Snow Equipment Maintenance and Snow Removal According to Stanley Black & Decker, Maker of Top Brands Like DEWALT®, CRAFTSMAN®, Cub Cadet® and Troy-Bilt®
Prnewswire· 2024-12-05 13:02
NEW BRITAIN, Conn., Dec. 5, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK), a leading manufacturer of outdoor power equipment, wants to help property owners gear up for winter with snow removal tips and product recommendations from its iconic DEWALT®, CRAFTSMAN®, Cub Cadet®, and Troy-Bilt® brands.Experience the full interactive Multichannel News Release here: https://www.multivu.com/stanley-black-and-decker/9238156-en-stanley-black-and-decker-snow-removal-tips DEWALT® 21'' 208cc Single Stage Au ...
Stanley Black & Decker, Inc. (SWK) Goldman Sachs Industrials and Materials Conference (Transcript)
2024-12-04 17:53
Stanley Black & Decker, Inc. (NYSE:SWK) Goldman Sachs Industrials and Materials Conference December 4, 2024 10:00 AM ET Company Participants Pat Hallinan - EVP, Chief Financial Officer Dennis Lange - Investor Relations Conference Call Participants Joe Ritchie - Goldman Sachs Joe Ritchie Good to see you guys. So our next fireside chat, we're really happy to have Stanley Black & Decker. We have Pat Hallinan, EVP and Chief Financial Officer as well as Dennis Lange, who runs Investor Relations. Pat, I think you ...
瑞银证券:Stanley Black & Decker:UBS Global Industrials and Transportation Conference-20241204
Ubs Securities· 2024-12-04 01:30
UBS Global Industrials and Transportation Conference P a t H a l l i n a n | E V P & C F O D e c e m b e r 3 , 2 0 2 4 StanleyBlack&Decker For those who make the world." Cautionary Statement This Presentation contains "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 amended. All such statements other than statements of historical fact are "forward-looking statements" for purposes of federal an ...
Stanley Black & Decker, Inc. (SWK) UBS Global Industrials and Transportation Conference (Transcript)
2024-12-03 19:54
Summary of Stanley Black & Decker, Inc. Conference Call Company Overview - **Company**: Stanley Black & Decker, Inc. (NYSE: SWK) - **Industry**: Multi-Industry, focusing on tools and outdoor products, as well as industrial fasteners Key Points from the Conference Call Transformation and Growth Strategy - The company is on a transformation journey initiated in late 2022, aiming to complete it by 2025 and pivot towards growth [3][6] - The portfolio has been refocused, with divestitures including the security, oil and gas, and outdoor businesses, resulting in a revenue base of approximately **$15.25 billion** [4][5] - The tools and outdoor segment generates about **$13 billion** in revenue, with DEWALT being the largest brand at nearly **$7 billion** [4] Financial Performance and Projections - The company expects to finish the year with a **30% gross margin**, aiming for **35%** by the end of next year [5][13] - Inventory is projected to be reduced by **$2.2 billion**, and debt by **$2 billion** [6] - Long-term financial outlook includes mid-single-digit growth in a low single-digit market, with expectations of **$900 million to $1 billion** EBITDA expansion over three years [7][23] Investment Focus - Investments are being made in product innovation, brand building, and field support, particularly for the brands DEWALT, Stanley, and Craftsman [6][24] - The company is focusing on enhancing product innovation and marketing strategies to drive organic growth [29] Market Dynamics and Challenges - The company is navigating a weak demand environment, particularly in the DIY segment, which is currently below 2019 levels [38] - Interest rates and macroeconomic conditions are critical factors influencing growth, with a target of keeping the 10-year rate below **4%** to aid recovery [21] Tariffs and Supply Chain Management - The company is reducing reliance on China, with current COGS from China at **20% to 25%**, down from **40% to 45%** [56][57] - Tariff dynamics are expected to impact the pace of margin improvement but are manageable within the company's strategic framework [63] Divestitures and Acquisitions - The company plans to divest assets generating over **$500 million** to improve its balance sheet, targeting a net debt to EBITDA ratio below **2.5 times** by the end of 2025 [44][45] - Future M&A activities are anticipated post-balance sheet stabilization, focusing on enhancing organic capabilities before pursuing acquisitions [49] Brand and Market Positioning - DEWALT has shown strong growth potential, while DIY brands like Craftsman are being repositioned to enhance performance [27][29] - The company is expanding its presence in Europe and Latin America, with significant investments in the Middle East for infrastructure projects [36] Conclusion - Stanley Black & Decker is committed to a strategic transformation aimed at growth, with a focus on improving margins, reducing debt, and enhancing brand performance in a challenging macroeconomic environment [12][30]
UBS Global Industrials and Transportation Conference
2024-12-03 18:05
UBS Global Industrials and Transportation Conference P a t H a l l i n a n | E V P & C F O D e c e m b e r 3 , 2 0 2 4 StanleyBlack&Decker For those who make the world." Cautionary Statement This Presentation contains "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 amended. All such statements other than statements of historical fact are "forward-looking statements" for purposes of federal an ...
Stanley Black & Decker: End Market Recovery, Market Share Gains, And A Reasonable Valuation
Seeking Alpha· 2024-11-29 13:16
I have over 15 years of experience investing and have provided research services to mid-sized hedge funds with assets under management between $100 and $500 million. I also have had a brief stint as a sell-side analyst. I am now focusing primarily on managing my own money and my purpose here is to share my views and benefit from the insights of the Seeking Alpha user community. Feel free to provide your feedback on my thesis in the comment section and I would love to have a discussion even if you have a var ...
Stanley Black & Decker Announces Upcoming Conferences
Prnewswire· 2024-11-21 21:01
NEW BRITAIN, Conn., Nov. 21, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) invites investors and the general public to listen to webcasts of presentations by Pat Hallinan, Executive Vice President and CFO, at the following investor conferences: UBS Global Industrials and Transportation Conference in Palm Beach, FL on Tuesday, December 3, 2024, at 12:10 PM ET. Goldman Sachs Industrials and Materials Conference in New York, NY on Wednesday, December 4, 2024, at 10:00 AM ET.The live webcasts will be ...
Stanley Black & Decker Provides Strategic Update at Capital Markets Day
Prnewswire· 2024-11-20 18:49
NEW BRITAIN, Conn., Nov. 20, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK), today hosted its 2024 Capital Markets Day with investors at the New York Stock Exchange and via live webcast.At the event, members of Stanley Black & Decker's leadership team provided an update on the Company's strategic imperatives and how its strategy is designed to deliver the Company's long-term earnings potential.Key Takeaways From Capital Markets Day The path to successfully completing the strategic transformation, t ...
Here's Why You Should Retain Stanley Black Stock in Your Portfolio for Now
ZACKS· 2024-11-20 15:51
Stanley Black & Decker, Inc. (SWK) has been benefiting from its cost-reduction program, which is expected to aid the bottom line and drive margins. The program comprises a series of initiatives to resize the organization, reduce inventory and optimize the supply chain for pursuing sustainable long-term growth.Since its inception in mid-2022, this program has generated roughly $1.4 billion in pre-tax run-rate savings and reduced inventory by more than $2 billion. SWK expects to generate pre-tax run rate savi ...
Stanley Black & Decker Releases its 2024 "Hosting for the Holidays" Interactive Product Guide to Make Every Room Holiday Ready
Prnewswire· 2024-11-18 14:49
Stanley Black & Decker experts share their top product picks and tips for holiday preparations this season through an interactive, digital house Tools, outdoor equipment and home products from iconic brands like, CRAFTSMAN, STANLEY, BLACK+DECKER and Cub Cadet help get your home ready from the yard to your living spaces, to the garage Tour the virtual house for decorating, cleaning, and gifting inspiration NEW BRITAIN, Conn., Nov. 18, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today debuted its ...