NEW BRITAIN, Conn., Nov. 6, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) invites investors and the general public to listen to a webcast of a presentation by Pat Hallinan, Executive Vice President and CFO, at the Baird 2024 Global Industrial Conference in Chicago, IL on Tuesday, November 12, 2024 at 2:55 PM CT (3:55 PM ET).

The live webcast will be available in the "Investors" section of the company's website at www.stanleyblackanddecker.com/investors. A replay of the webcast will be provided on the website and will be available for 30 days.

Third Quarter Gross Margin Up Versus Prior Year as Supply Chain Transformation Continues Driving Margin Expansion

Strong Third Quarter Cash Generation Supports Ongoing Capital Allocation Priorities Focused on Shareholder Dividends and Further Debt Reduction 

NEW BRITAIN, Conn., Oct. 29, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK), a worldwide leader in tools and outdoor, today announced third quarter 2024 financial results.  

Third Quarter Revenues of $3.8 Billion, Down 5% Versus Prior Year as Growth in DEWALT Was Offset by Mixed End Market Demand; Infrastructure Divestiture Impacted Revenue Growth by -2%Third Quarter Gross Margin Was 29.9%, Up 310 Basis Points Versus Prior Year; Adjusted Gross Margin* Was 30.5%, Up 290 Basis Points Versus Prior YearThird Quarter GAAP EPS Was $0.60; Adjusted EPS* Was $1.22Third Quarter Cash From Operating Activities Was $286 Million and Free Cash Flow* Was Approximately $200 MillionNarrowing GAAP EPS Range to $1.15 to $1.75 (From $0.90 to $2.00) and Adjusted EPS* Range to $3.90 to $4.30 (From $3.70 to $4.50); Reiterating Free Cash Flow* of $650 Million to $850 MillionThe Company Will Host a Capital Markets Day on November 20, 2024 Additional Details Will Be Made Available on The Company's Website

NEW BRITAIN, Conn., Oct. 22, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced that John L. Garrison, Jr, former Chairman, President, and Chief Executive Officer of Terex Corporation has been elected to the company's Board of Directors.

Garrison has more than 30 years of experience successfully executing multi-level transformations in various industries.

"John is a highly accomplished executive with extensive experience leading large-scale and complex global operations," said Andrea J. Ayers, Stanley Black & Decker Chair. "John's track record of developing and implementing financial and human capital strategies and transforming processes to drive business outcomes and operational excellence makes him a great addition to the Board as the Company intensifies its focus on accelerating organic growth with margin expansion to drive long-term shareholder returns."

NEW BRITAIN, Conn., Oct. 22, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK), a worldwide leader in Tools and Outdoor, announced today that its Board of Directors approved a regular fourth 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, December 17, 2024, to shareholders of record as of the close of business on Friday, November 29, 2024.

Three iconic outdoor power equipment brands to showcase at booth 5116Hands-on product demos will be available at the Cub Cadet and Hustler booths in the outdoor demo area

LOUISVILLE, Ky., Oct. 15, 2024 /PRNewswire/ -- Hustler®, Cub Cadet® and DEWALT®, three iconic outdoor power equipment brands from Stanley Black & Decker (NYSE: SWK), return to Equip Expo 2024 from Oct. 15-18 to showcase their selection of products, services and technologies. Held annually in Louisville, Kentucky, Equip Expo is one of the largest events for the professional landscape community.

Latest additions include a drill/driver, hammer drill and impact driver Limited time deal: CRAFTSMAN CLUB® members get a free V20* battery with the purchase of $149 or more worth of select CRAFTSMAN® products**

TOWSON, Md., Oct. 14, 2024 /PRNewswire/ -- Stanley Black & Decker's iconic CRAFTSMAN® brand is adding several new additions to its V20* BRUSHLESS RP™ line of power tools designed to deliver more runtime and better performance‡. The latest additions include a drill/driver, hammer drill, impact driver, screwdriver, 2-tool combo kit and circular saw to help tackle those big DIY projects on your list, whether you're creating a feature wall, building a pergola, or refinishing furniture.

As part of its 100th anniversary, DEWALT honored 1,700 workers at JFK Airport's $19 billion transformation projectThe event included a thank you lunch for construction workers, product giveaways and a NASCAR show car displayThe event took place on Raymond DeWalt's birthday, whose forward-looking vision resulted in the founding of DEWALT

QUEENS, N.Y., Oct. 9, 2024 /PRNewswire/ -- As part of its 100th anniversary celebration, DEWALT, a Stanley Black & Decker brand (NYSE: SWK), today thanked 1,700 trades professionals working on the historic transformation of John F. Kennedy International Airport (JFK). The celebration took place on the birthday of the company's "original pro", Raymond DeWalt, whose forward-looking vision resulted in the founding of DEWALT.

Raymond DeWalt revolutionized the construction industry with his innovative woodworking machine - an adjustable radial arm saw known as the 'DeWalt Wonder-Worker'Mechanicsburg Mayor Jack Ritter, in partnership with DEWALT, proclaims October 9 'Raymond DeWalt Day' DEWALT donates tools to Cumberland-Perry Area Vocational Technical School and Mechanicsburg High School to honor Raymond DeWalt's legacy supporting the tradesRaymond DeWalt Day is the latest of a series of celebrations to commemorate the brand's milestone centennial anniversary

Get your game on with CRAFTSMAN tailgating tips and must-have gear for everything from parking lot parties to backyard barbecues

TOWSON, Md., Oct. 3, 2024 /PRNewswire/ -- According to The American Tailgater Association (ATA), approximately 20 to 50 million people tailgate each year. As the season for tailgating kicks-off this fall, Stanley Black & Decker's iconic CRAFTSMAN® brand is sharing tips and must-have gear recommendations to elevate your next outdoor gathering.

The brand revolutionized the lawncare industry when it introduced the world's first twin-lever zero-turn lawn mower in 1964Since then, Hustler has established itself as an innovative leader in the professional landscape industryHustler will commemorate the milestone at this year's Equip Expo, which will include the Hustler Mentality trailer giveaway

HESSTON, Kan., Oct. 3, 2024 /PRNewswire/ -- Hustler®, a Stanley Black & Decker (NYSE: SWK) brand, is celebrating its 60th anniversary as a pioneer in the lawncare industry, beginning with its introduction of the world's first twin-lever zero-turn mower in 1964. Since then, Hustler has expanded its product line with hardworking, reliable products developed for today's landscape professionals.