Stanley Black & Decker, Inc. · NYSE:SWK
Stanley Black & Decker — Investor Day (November 2024)
18 slides from Stanley Black & Decker's investor day presentation, Nov 20, 2024
Slide 1: Tools & Outdoor Business Overview
Tools & Outdoor Business Overview Chris Nelson COO, EVP And President Tools & Outdoor November 20, 2024
Slide 2: Cautionary Statement
Cautionary Statement This Presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All such statements other than statements of historical fact are “forward-look
Slide 3: Key Takeaways
Key Takeaways A Global Leader In The Tools & Outdoor Market With Tools & Outdoor Vision Iconic Brands, Strong Innovation Track Record And Broad Channel And Geographic Access We Play In Attractive And Growing Markets And “An Industry Leader in Our Users Value Brands That Create A Safe And Productive
Slide 4: A Global Leader In Tools & Outdoor
A Global Leader In Tools & Outdoor Geography Five Brands Represent ~80% Of Our T&O Segment T&O 2024E Annual Revenue ~$13B+ North America ~70% Europe T&O Total Addressable Market ~20% ROW ~10% Represents >$100B Top 2 Manufacturers Represent Less Than 25% Of Addressable Market Priority Brands 2024 Cap
Slide 5: Link to Video
LINK TO VIDEO 5 Confidential | Company Private
Slide 6: Innovation Addresses Professional End-User Needs
Innovation Addresses Professional End-User Needs End Users Value Brands That Deliver Innovation That Support A Safe & Productive Jobsite Safety Is Critical To A Product Quality Drives End Users Willing To Platform Integration | Productive Jobsite Reliability | Pay A Premium For Tech Enablement Uptim
Slide 7: Customers Prioritize Innovation, Safety, And Quality
Customers Prioritize Innovation, Safety, And Quality What Are The Top Factors When You Are Why Did You Replace Your Tool?* Deciding Which Tools To Purchase?* >50% >60% Of New Tool Purchasers Are Trading Of Respondents Valued Safety, Quality, Up For Innovation And Brand Reputation As The Most Upgrade
Slide 8: Play In Attractive And Growing Markets
Play In Attractive And Growing Markets Strong Multi-Year Growth Outlook For We Serve Key Trades That Are Constraints On Labor Supply Places A Residential Construction Expected To Benefit From This Trend Premium On Jobsite Efficiency Current Gap of ~5-8M Homes In The U.S. With Age Of Housing Stock ~4
Slide 9: What It Takes To Win In The Tools & Outdoor Market
What It Takes To Win In The Tools & Outdoor Market Starting From A Position Of Strength… Iconic Brands Rapid Innovation Broad Channel & Operational Excellence Focused On Geographical Funds Growth End-User Needs Coverage …Building On This Solid Foundation To Accelerate Growth 2024 Capital Markets Day
Slide 10: Focused And Organized For Success
Focused And Organized For Success New Organizational Model Deployed Early 2024 | Key Leaders In Place From… To… Organization Product Line & Channel Oriented Brand-Led & End-User Centered Clear Brand Differentiation Focused On End-User Needs Go-To-Market Global Brand Planning Local & Focused Market A
Slide 11: Focused Brands | Targeted Users
Focused Brands | Targeted Users Clear Differentiation Across Our Core Brands LEADERSHIP REPUTATION ACCOMPLISHMENT The World’s Most Resi Construction Ambitious Demanding PROs Professionals DIY Enthusiast Strengthen Focus Scale • Develop End-To-End • Products And Solutions • Win In DIY Verticals Workf
Slide 12: Elevating Our End-User Inspired Innovation Capabilities
Elevating Our End-User Inspired Innovation Capabilities Leading Technologies End-To-End Solutions Platforming Connected Ecosystems Core Technology Enablers Total Carpentry Solutions Drive Modular, Yet Provide End Users Safety Features Customizable Designs & Productivity Through Tool Product Platform
Slide 13: Enhance End-User Engagement
Enhance End-User Engagement Marketplace Activation Global Expansion Nordics & Southern Europe High Growth Eastern Europe Emerging Kingdom Of Saudi Arabia Core Markets Increasing Our Field Sales Customer Innovation And Support Center Revitalization Drive Growth In International Markets Access To End
Slide 14: Developing Supply Chain That Delivers Competitive Advantage
Developing Supply Chain That Delivers Competitive Advantage An Engine For Future Margin Expansion Innovation Network Strategy Material Productivity Service Excellence And Agility Leadership Excellence Fast, Reliable And Cost And Cash Efficiency + Supply Chain Program + Supplier Of Choice Efficient I
Slide 15: Well-Positioned For Profitable Growth
Well-Positioned For Profitable Growth 200-300bps Above Market Margin Expansion Levers Innovation Excellence ~$13B+ Network Strategy & Iconic Brands Resilience Material Productivity Rapid Innovation Focused Leadership On End-User Needs Broad Channel & Geographical Coverage Service Excellence 2024E Re
Slide 16: Key Takeaways
Key Takeaways A Global Leader In The Tools & Outdoor Market With Tools & Outdoor Vision Iconic Brands, Strong Innovation Track Record And Broad Channel And Geographic Access We Play In Attractive And Growing Markets And “An Industry Leader in Our Users Value Brands That Create A Safe And Productive
Slide 17: Appendix
Appendix StanleyBlack&Decker For those who make the world.
Slide 18: Reconciliation Of GAAP To Non-GAAP Measures
Reconciliation Of GAAP To Non-GAAP Measures This presentation may include the following Non-GAAP measures. Organic revenue or organic sales is defined as the difference between total current and prior year sales less the impact of companies acquired and divested in the past twelve months and any for
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