NYSE$SWK
Stanley Black & Decker Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Stanley Black & Decker reported fourth quarter and full year 2022 financial results, with revenues of $4.0 billion for the quarter and $16.9 billion for the full year.
Stanley Black & Decker's fourth-quarter revenues were $4.0 billion, in line with the prior year. The company reported a GAAP EPS loss of ($0.72) and an adjusted EPS loss of ($0.10). They generated $520 million in free cash flow and reduced inventory by $500 million during the quarter. The company is guiding for a full-year 2023 GAAP EPS of ($1.65) to $0.85.
- Fourth-quarter revenues were $4.0 billion, matching the previous year's performance.
- The company's diluted GAAP EPS was ($0.72), while the adjusted diluted EPS was ($0.10).
- Free cash flow for the fourth quarter reached $520 million, contributing to a $0.5 billion debt reduction.
- The company is focused on streamlining the organization and prioritizing cash flow generation.
Headline financials
Revenue & EPS history
Stanley Black & Decker · Revenue · Quarterly
$3.99B
Revenue by segment
Stanley Black & Decker · $3.38B total across 1 segment · Q4 2022
- Tools & Outdoor$3.38B—100.0%
Forward guidance
Management expects 2023 EPS to be in the range of ($1.65) to $0.85 on a GAAP basis, and between $0.00 to $2.00 on an adjusted basis. Free cash flow is expected to approximate $0.5 billion to $1.0 billion.
Tailwinds
- Prioritizing free cash flow generation
- Focusing on serving its customers
- Leveraging the SBD Operating Model to drive working capital efficiency
- Positioning the Company for gross margin expansion
- Enhanced balance sheet strength
Headwinds
- Wider range of 2023 demand possibilities
- Destocking scenarios
- EPS loss expected in the front half
- Impact of targeted production curtailments will continue to weigh on margins through the first half of 2023
- Integration-related charges and other charges primarily due to supply chain transformation under the Global Cost Reduction Program
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
-1.1%
Avg return
Earnings day
-1.8%
Avg return
5 days after
-0.9%
Avg return
30 days after
42%
27 / 65 earnings
Positive
+10.7%
Q2 2012
Best reaction
-17.1%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.6% | -4.4% | +1.5% | |
| Q4 2025 | +4.5% | +11.0% | -6.0% | |
| Q3 2025 | +0.4% | +2.9% | +8.8% | |
| Q1 2025 | -2.0% | -1.9% | +6.8% | |
| Q4 2024 | -1.2% | -1.0% | +2.7% | |
| Q3 2024 | -8.8% | -9.3% | -12.8% | |
| Q2 2024 | +9.5% | +2.3% | +5.7% | |
| Q1 2024 | -6.6% | -5.0% | -5.1% | |
| Q4 2023 | -2.9% | -4.2% | -4.0% | |
| Q3 2023 | +9.1% | +10.0% | +18.4% | |
| Q2 2023 | +2.0% | -0.8% | -4.9% | |
| Q1 2023 | -1.2% | -5.6% | -6.7% | |
| Q4 2022 | +2.9% | -0.8% | -4.3% | |
| Q3 2022 | -1.0% | -3.4% | +4.8% | |
| Q2 2022 | -17.1% | -19.9% | -23.3% | |
| Q1 2022 | -13.6% | -9.3% | -14.0% | |
| Q4 2021 | -0.2% | -1.2% | -8.5% | |
| Q3 2021 | -3.5% | -1.9% | -1.9% | |
| Q2 2021 | -5.1% | -4.3% | -6.2% | |
| Q1 2021 | +0.8% | +1.3% | +4.3% | |
| Q4 2020 | +0.1% | +2.2% | +0.9% | |
| Q3 2020 | -6.0% | -3.9% | +7.8% | |
| Q2 2020 | -1.8% | -0.9% | +6.0% | |
| Q1 2020 | -12.8% | -12.3% | +2.8% | |
| Q4 2019 | -0.7% | -3.3% | -13.6% | |
| Q3 2019 | -1.5% | +0.3% | +2.4% | |
| Q2 2019 | +7.8% | +7.7% | -2.0% | |
| Q1 2019 | -2.7% | -0.1% | -9.9% | |
| Q4 2018 | -13.4% | -11.9% | +0.5% | |
| Q3 2018 | -2.5% | +0.1% | +11.4% | |
| Q2 2018 | -0.7% | +0.5% | +1.2% | |
| Q1 2018 | -7.8% | -7.3% | -6.3% | |
| Q4 2017 | -2.7% | -3.1% | -7.4% | |
| Q3 2017 | +3.4% | +4.1% | +4.9% | |
| Q2 2017 | -3.1% | -4.7% | -6.6% | |
| Q1 2017 | +3.5% | +2.7% | +2.9% | |
| Q4 2016 | +0.6% | -0.2% | +2.8% | |
| Q3 2016 | -2.0% | -2.7% | +4.1% | |
| Q2 2016 | +5.7% | +6.4% | +6.2% | |
| Q1 2016 | +3.2% | — | — | |
| Q4 2015 | -1.9% | — | — | |
| Q3 2015 | +8.0% | — | — | |
| Q2 2015 | -2.5% | — | — | |
| Q1 2015 | +1.7% | — | — | |
| Q4 2014 | +3.5% | — | — | |
| Q3 2014 | +3.4% | — | — | |
| Q2 2014 | +6.6% | — | — | |
| Q1 2014 | +3.4% | — | — | |
| Q4 2013 | -3.8% | — | — | |
| Q3 2013 | -16.9% | — | — | |
| Q2 2013 | +1.9% | — | — | |
| Q1 2013 | -4.7% | — | — | |
| Q4 2012 | -1.4% | — | — | |
| Q3 2012 | -2.9% | — | — | |
| Q2 2012 | +10.7% | — | — | |
| Q1 2012 | -7.7% | — | — | |
| Q4 2011 | +0.8% | — | — | |
| Q3 2011 | +1.3% | — | — | |
| Q2 2011 | -4.3% | — | — | |
| Q4 2009 | -1.1% | — | — | |
| Q1 2011 | +1.8% | — | — | |
| Q3 2010 | -0.6% | — | — | |
| Q2 2010 | +3.2% | — | — | |
| Q4 2010 | +3.2% | — | — | |
| Q1 2010 | -3.6% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro