Stanley Black Stock Price, News & Analysis

Stanley Black & Decker (NYSE: SWK) reported its Q4 and full-year 2024 results, with annual revenues of $15.4 billion, down 3% from the previous year. The company achieved flat organic revenue, driven by growth in DEWALT and Aerospace Fasteners, offset by Infrastructure divestiture and currency impacts.

Q4 revenues remained flat at $3.7 billion with 3% organic growth. Q4 gross margin improved to 30.8%, up 120 basis points, while adjusted gross margin reached 31.2%. Q4 EPS was $1.28, with adjusted EPS at $1.49. Full-year EPS was $1.89, with adjusted EPS at $4.36.

The company generated strong cash flow, with Q4 operating cash flow of $679 million and free cash flow of $565 million. For the full year, operating cash flow was $1.1 billion, enabling $1.1 billion in debt reduction. The company's 2025 planning assumptions include base case EPS of $4.05 (+/- $0.65) and adjusted EPS of $5.25 (+/- $0.50), with targeted free cash flow of $750 million (+/- $100 million).

DEWALT, a Stanley Black & Decker (NYSE: SWK) brand, has launched an impressive display on Las Vegas' Sphere Exosphere to celebrate construction workers and showcase their POWERSHIFT™ System. The activation features drone-powered visualizations on the 580,000 sq. ft. LED exterior, running from January 20-26, 2025.

The 'Built for the Unbreakable' campaign honors the 12 million construction workers in America and highlights the award-winning POWERSHIFT™ system, which offers significant environmental benefits with up to 60% less CO2e emissions compared to gas-powered equipment. The system, named one of TIME's Best Inventions and Popular Science's greatest innovations of 2024, includes various concrete construction tools like vibrators, screeds, and compactors.

This marks DEWALT's second year utilizing the Sphere's Exosphere, with last year's activation setting engagement records. The current display features innovative drone technology to create multi-dimensional views of construction sites in action, demonstrating DEWALT's commitment to advancing construction technology and supporting jobsite leaders.

DEWALT, a Stanley Black & Decker (NYSE: SWK) brand, revealed insights from its 2025 Power Pulse Survey at the World of Concrete Trade Show. The survey indicates growing acceptance of jobsite electrification, with 66% of construction managers and 59% of skilled workers expecting complete electrification within two years.

Key findings show that 72% of respondents who switched to electric tools report completing projects up to 2-3 times faster than with gas-powered equipment. The survey also revealed that 90% of construction managers believe adopting sustainable solutions would help win more business, while 94% of construction professionals feel confident their sites are ready for full electric tool transition.

DEWALT is showcasing its POWERSHIFT™ system at the event, which reportedly produces up to 60% less CO2e emissions during use compared to gas-powered equipment. The system includes vibrators, power screed, rammer, plate compactor, core drill, battery, and charger.

Stanley Black & Decker (NYSE: SWK) has announced it will release its fourth quarter and full year 2024 earnings report on Wednesday, February 5, 2025. The company will host a webcast at 8:00 AM ET on the same day, with financial results being distributed before market opening. A slide presentation will be available on the company's investor website and will remain accessible after the event. The earnings call will be accessible through a live webcast or teleconference, with replay options available two hours after the call.

DEWALT, a Stanley Black & Decker (NYSE: SWK) brand, has achieved significant recognition as its POWERSHIFT™ system was named among the 50 greatest innovations of 2024 by Popular Science's Best of What's New Awards. The system, comprising six concrete tools, represents a breakthrough in construction technology by offering electrified alternatives to gas-powered equipment. Key features include:

- Up to 60% lower CO2e emissions compared to gas-powered equipment
- Complete system includes vibrator, backpack vibrator, concrete power screed, rammer, plate compactor, core drill and stand
- Currently available across North America
- Marks DEWALT's sixth industry accolade since its January 2024 launch

Stanley Black & Decker (NYSE: SWK) has released comprehensive guidance for winter snow removal and equipment maintenance. The company offers key recommendations through its brands DEWALT, CRAFTSMAN, Cub Cadet, and Troy-Bilt.

The guidance includes essential tips for choosing the right equipment based on snowfall amounts: single-stage blowers for up to 6 inches, two-stage for up to 12 inches, and three-stage for up to 23 inches. The company emphasizes the importance of proper maintenance, including checking for damage, replacing worn parts, and ensuring proper fluid levels.

Additional recommendations include marking driveway boundaries before snowfall, monitoring weather forecasts, wearing appropriate safety gear, and managing snow pile placement to prevent foundation damage. The company also showcases specific snow blower models from each brand, including both gas-powered and battery-operated options.

Stanley Black & Decker (NYSE: SWK) has announced two upcoming investor conference presentations by Pat Hallinan, Executive Vice President and CFO. The first presentation will be at the UBS Global Industrials and Transportation Conference in Palm Beach, FL on December 3, 2024, at 12:10 PM ET. The second will be at the Goldman Sachs Industrials and Materials Conference in New York, NY on December 4, 2024, at 10:00 AM ET.

Both presentations will be available via live webcasts in the Investors section of the company's website, with replays accessible for 30 days afterward.

Stanley Black & Decker (NYSE: SWK) hosted its 2024 Capital Markets Day, providing strategic updates and future financial targets. The company reaffirmed its 2024 guidance with GAAP EPS of $1.15-$1.75 and adjusted EPS of $3.90-$4.30, expecting free cash flow of $650-850 million. For 2027, SWK targets net sales of $16.5-17.0B, adjusted EBITDA of ~$2.5B, and free cash flow conversion of ~100%. The company aims to achieve sustainable 35%+ adjusted gross margins through operational excellence and market share growth initiatives.

Stanley Black & Decker (NYSE: SWK) has launched its 2024 'Hosting for the Holidays' Product Guide, an interactive digital experience showcasing holiday preparation solutions. The guide features virtual room-by-room tours highlighting products from brands like CRAFTSMAN, STANLEY, BLACK+DECKER, and Cub Cadet. The initiative addresses various holiday needs including snow removal equipment, decorating tools, cleaning solutions, and kitchen appliances. Expert recommendations include three-stage snow blowers for heavy snowfall, power tools for decorating, cleaning equipment for maintenance, and kitchen innovations like the bev Cocktail Machine.