Stanley Black & Decker Files 8-K on Financial Results
Ticker: SWK · Form: 8-K · Filed: Feb 1, 2024 · CIK: 93556
| Field | Detail |
|---|---|
| Company | Stanley Black & Decker, Inc. (SWK) |
| Form Type | 8-K |
| Filed Date | Feb 1, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $2.50 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-results, 8-K
TL;DR
**SWK just dropped an 8-K on financial results, get ready for potential stock movement.**
AI Summary
Stanley Black & Decker, Inc. filed an 8-K on February 1, 2024, to report its results of operations and financial condition. This filing, under Items 2.02 and 9.01, indicates the company is providing an update on its financial performance. For investors, this matters because it offers a timely look into the company's health, potentially influencing stock price based on whether the results meet or miss expectations.
Why It Matters
This filing provides investors with crucial, up-to-date information on Stanley Black & Decker's financial performance, which can directly impact their investment decisions and the stock's valuation.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results, which is standard for public companies and does not inherently signal high risk.
Analyst Insight
A smart investor would review the full financial statements and results once they are publicly available to understand the company's performance and adjust their investment thesis for SWK accordingly.
Key Numbers
- $2.50 — Par Value per Share (Common Stock par value)
- 001-05224 — Commission File Number (SEC file number for Stanley Black & Decker, Inc.)
- 0000093556 — Central Index Key (CIK) (unique identifier for Stanley Black & Decker, Inc.)
Key Players & Entities
- Stanley Black & Decker, Inc. (company) — the registrant filing the 8-K
- February 1, 2024 (date) — Date of Report (Date of Earliest Event Reported)
- New York Stock Exchange (company) — exchange where SWK Common Stock is registered
- SWK (company) — trading symbol for Stanley Black & Decker, Inc.
Forward-Looking Statements
- Stanley Black & Decker's stock price (SWK) will react to the disclosed financial results. (SWK) — high confidence, target: 2024-02-02
- Analysts will update their ratings and price targets for SWK based on the financial condition reported. (SWK) — medium confidence, target: 2024-02-15
FAQ
What is the primary purpose of this 8-K filing by Stanley Black & Decker, Inc.?
The primary purpose of this 8-K filing, dated February 1, 2024, is to report on the company's "Results of Operations and Financial Condition" and to include "Financial Statements and Exhibits" as per Item 2.02 and Item 9.01, respectively.
What is the trading symbol and the exchange where Stanley Black & Decker, Inc.'s common stock is registered?
Stanley Black & Decker, Inc.'s Common Stock has the trading symbol SWK and is registered on the New York Stock Exchange.
What is the par value per share for Stanley Black & Decker, Inc.'s Common Stock?
The par value per share for Stanley Black & Decker, Inc.'s Common Stock is $2.50.
What is the address of Stanley Black & Decker, Inc.'s principal executive offices?
The address of Stanley Black & Decker, Inc.'s principal executive offices is 1000 STANLEY DRIVE, NEW BRITAIN, CT 06053.
When was the earliest event reported in this 8-K filing?
The Date of Report (Date of Earliest Event Reported) for this 8-K filing is February 1, 2024.
Filing Stats: 499 words · 2 min read · ~2 pages · Grade level 9.7 · Accepted 2024-02-01 06:15:07
Key Financial Figures
- $2.50 — nge On Which Registered Common Stock - $2.50 Par Value per Share SWK New York Stock
Filing Documents
- swk-20240201.htm (8-K) — 29KB
- ex991q42023.htm (EX-99.1) — 58KB
- exhibit992financialsq42023.htm (EX-99.2) — 517KB
- a2q14pressreleaseimagea15.jpg (GRAPHIC) — 29KB
- swk-20240201_g1.jpg (GRAPHIC) — 29KB
- 0000093556-24-000006.txt ( ) — 887KB
- swk-20240201.xsd (EX-101.SCH) — 2KB
- swk-20240201_lab.xml (EX-101.LAB) — 23KB
- swk-20240201_pre.xml (EX-101.PRE) — 12KB
- swk-20240201_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On February 1, 2024, Stanley Black & Decker, Inc. issued a press release announcing fourth quarter and full year 2023 results.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits 99.1 Press release dated February 1, 2024, issued by Stanley Black & Decker, Inc. 99.2 Financial statements and supporting schedules contained in Stanley Black & Decker, Inc.'s February 1, 2024 press release. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Stanley Black & Decker, Inc. February 1, 2024 By: /s/ Janet M. Link Name: Janet M. Link Title: Senior Vice President, General Counsel and Secretary Exhibit Index Exhibit No. Description 99.1 Press release dated February 1, 2024, issued by Stanley Black & Decker, Inc. 99.2 Financial statements and supporting schedules contained in Stanley Black & Decker, Inc.'s February 1, 2024 press release. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).