Stanley Black & Decker(US:SWK)2022-05-18 15:58Financial Performance & Objectives - Stanley Black & Decker's 2021 revenue was $15.6 billion, with a market capitalization of $18.5 billion and a cash dividend yield of 2.6%[5] - The company aims for long-term financial goals including organic revenue growth of approximately 4-6% and total revenue growth of approximately 10-12%[8] - The company targets EPS growth of approximately 10-12%, excluding acquisition-related charges, and Free Cash Flow (FCF) greater than or equal to net income[8] - Tools & Outdoor segment revenue was $12.8 billion in 2021, representing 25% of the company's total revenue[6] - Industrial segment revenue was $2.5 billion in 2021, also representing 25% of the company's total revenue[6] ESG Strategy & Commitments - Stanley Black & Decker commits to carbon neutrality and beyond by 2030, aiming to reduce absolute Scope 1 and Scope 2 carbon emissions by 100% against a 2015 baseline[24] - The company plans to innovate products to enhance the lives of 500 million people by 2030[24] - Stanley Black & Decker aims to empower 10 million makers by 2030 through STEAM education, vocational skills, and makerspace training[24] - The company commits to increase supplier diversity spend from 3% to 10% by 2025 with minority- and women-owned businesses[24] Governance & Diversity - The board comprises 36% women and 18% racial/ethnic diversity[51] - The company proactively lowered the minimum threshold for shareholders to call a special meeting from 35% to 25%[51, 54]