Stanley Black & Decker Files 8-K on Financial Results

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

From the Filing

0000093556-24-000006.txt : 20240201 0000093556-24-000006.hdr.sgml : 20240201 20240201061507 ACCESSION NUMBER: 0000093556-24-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 18 CONFORMED PERIOD OF REPORT: 20240201 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240201 DATE AS OF CHANGE: 20240201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STANLEY BLACK & DECKER, INC. CENTRAL INDEX KEY: 0000093556 STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 060548860 STATE OF INCORPORATION: CT FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05224 FILM NUMBER: 24584942 BUSINESS ADDRESS: STREET 1: 1000 STANLEY DR STREET 2: P O BOX 7000 CITY: NEW BRITAIN STATE: CT ZIP: 06053 BUSINESS PHONE: 8602255111 MAIL ADDRESS: STREET 1: 1000 STANLEY DR CITY: NEW BRITAIN STATE: CT ZIP: 06053 FORMER COMPANY: FORMER CONFORMED NAME: STANLEY WORKS DATE OF NAME CHANGE: 19920703 8-K 1 swk-20240201.htm 8-K swk-20240201 0000093556 false 0000093556 2024-02-01 2024-02-01 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549     FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): February 1, 2024     Stanley Black & Decker, Inc. (Exact name of registrant as specified in its charter)   CT 1-5224 06-0548860 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 1000 STANLEY DRIVE NEW BRITAIN , CT 06053 (Address of principal executive offices, including Zip Code) Registrant’s telephone number, including area code: ( 860 ) 225-5111 Not Applicable (Former name or former address, if changed since last report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title Of Each Class Trading Symbols Name Of Each Exchange On Which Registered Common Stock - $2.50 Par Value per Share SWK New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨ 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.   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 Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused thi