dia HT t 1 ALLY r l F e 1 te alacatr Introduction I last covered Stanley Black & Decker (NYSE:SWK) on April 8th of this year, when shares traded at $95.25, and I assigned a "Buy" rating. Shares have since rebounded by 10.73%, surpassing the S&P 500's increase of 4.55% by a wide margin. I have significantly increased my personal stake in SWK, purchasing shares in the low $80s and high $70s to make it a ~8% weight in my overall portfolio. Earlier today, SWK reported earnings that were, by all accounts, a slam ...

Segmental Discussion Margin Profile Balance Sheet and Cash Flow In the first six months of the year, SWK paid out dividends worth $243.6 million to its shareholders, up 1.7% from the year-ago period. Stanley Black's net sales of $4.02 billion beat the consensus estimate of $4.01 billion. The top line declined 3.2% year over year due to weakness in the Industrial segment. Revenues from the Industrial segment grossed $495.7 million, down 19.6% year over year. Our estimate for segmental revenues was $586.5 mil ...

Stanley Black & Decker (SWK) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to loss of $0.11 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 28.24%. A quarter ago, it was expected that this tool company would post earnings of $0.55 per share when it actually produced earnings of $0.56, delivering a surprise of 1.82%. Over the last four quarters, the ...

The consensus estimate for this New Britain, CT-based tool maker's revenues is pegged at $4 billion, indicating a decrease of 3.6% from the year-ago quarter's figure. The consensus estimate for adjusted earnings is pinned at 85 cents per share. SWK reported a loss of 11 cents per share in the year-ago quarter. Stanley Black's Industrial segment's results are expected to gain from the strong momentum in the Engineered Fastening business in the quarter, driven by strength in the aerospace and auto end markets ...

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower. This tool company is expected to post quarterly earnings of $0.85 per share in its upcoming report, which represents a year-over-year change of +872.7%. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change ...

However, persistent weakness in the Tools & Outdoor segment, arising from softness in the DIY market owing to lower demand for hand tools, has been weighing on Stanley Black's operations. Increasing general and administrative expenses may hurt the bottom line. Given SWK's international presence, the unfavorable impact of foreign currency translation is likely to affect its performance. Stanley Black belongs to the Zacks Manufacturing - Tools & Related Products industry. Growth Catalysts Supply-chain optimiz ...

Stanley Black & Decker, Inc. (SWK) is expected to benefit from its global cost-reduction program. The program comprises a series of initiatives designed to generate cost savings by resizing the organization and reducing inventory to drive long-term growth. In the first three months of 2024, Stanley Black generated pre-tax run rate savings of $145 million from the global cost-reduction program. The company expects to generate run rate savings of $1.5 billion by the end of 2024. By 2025, it envisions run rate ...

SWK Holdings Corporation (NASDAQ:SWKH) Q1 2024 Results Conference Call May 16, 2024 10:00 AM ET Company Participants Jason Rando - Tiberend Strategic Advisors, Inc. Jody Staggs - President and Chief Executive Officer Conference Call Participants Mark Argentino - Lake Street Operator Good morning, everyone, and welcome to the SWK Holdings First Quarter 2024 Conference Call. At this time, all participants have been placed on a listen-only mode, and we will open the floor for your questions and comments after ...

Exhibit 99.1 SWK Holdings Corporation Announces Financial Results for First Quarter 2024 Conference Call and Live Audio Webcast Scheduled for Thursday, May 16, 2024, at 10:00 a.m. ET Corporate Highlights Dallas, TX, May 15, 2024 – SWK Holdings Corporation (Nasdaq: SWKH) ("SWK" or the "Company"), a life science-focused specialty finance company catering to small- and mid-sized commercial-stage companies, today provided a business update and announced its financial and operating results for the first quarter ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 5956 Sherry Lane, Suite 650 Dallas, TX 75225 (Address of Principal Executive Offices) (Zip Code) (Registrant's Telephone Number, Including Area Code): (972) 687-7250 Securities registered pursuant to Section 12(b) of the Act: | Title of Each Class | Trading Symbol(s) | Name of Each Exchange on ...