Stanley Black & Decker, Inc. · NYSE:SWK
Stanley Black & Decker — Raymond James 45th Annual Institutional Investors Conference 2024
12 slides from Stanley Black & Decker's conference presentation, Mar 5, 2024
Slide 1: Raymond James Institutional Investors Conference
Raymond James Institutional Investors Conference Don Allan| President & CEO March 5, 2024
Slide 2: Cautionary Statement
Cautionary Statement This presentation contains “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including, but not limited to, any projections or guidance of earnings, revenue or
Slide 3: More Streamlined Company With Great Franchises
More Streamlined Company With Great Franchises Tools & Outdoor Industrial A World-Wide Leader In Tools & Outdoor Highly-Engineered B-2-B Businesses Outdoor Power Infrastructure Equipment 19%* 22% 2023 Revenue*: $15.8B Power Tools Group Market Cap: ~$14B 48% $13.4B Hand Tools, Accessories & Engineere
Slide 4: Transforming To Accelerate Organic Growth
Transforming To Accelerate Organic Growth Executing On Our Clear Vision And Strategy For Long-Term Success… Reduce Complexity – Invest In Core Growth Enhance ~$2B Savings By End Of ’25** $300M - $500M Shareholder Return Organic Revenue* OPTIMIZE I N N O VAT I O N Growth 2-3X Market C O R P O R AT E
Slide 5: 2023: Progress On Multiple Fronts
2023: Progress On Multiple Fronts Achieved Tangible Results In First Year And A Half Of The Strategic Transformation... Refocused And Reenergized In 2023 • Active Portfolio Management: Announced In December 2023 Agreement To Divest STANLEY Infrastructure For $760 Million In Cash • Three New, Experie
Slide 6: Cost Reduction Program: A Key Source Of Value
Cost Reduction Program: A Key Source Of Value Expect To Generate $2 Billion Pre-Tax Run-Rate Cost Savings By End Of 2025… Reduce Complexity – Global Cost Reduction Program ~$2B Savings By End Of ’25** Strategic Sourcing Footprint Rationalization OPTIMIZE C O R P O R AT E S T R U C T U R E Complexity
Slide 7: Investing For Market Share Gain
Investing For Market Share Gain Redeploying Investments Into Growth Initiatives… Invest In Core Growth One Example Launching In 2024: DEWALT POWERSHIFT $300M - $500M Groundbreaking Concrete Equipment System I N N O VAT I O N E L E C T R I F I C AT I O N MARKET LEADERSHIP MORE RESPONSIVE S U P P LY C
Slide 8: Stronger And More Focused Enterprise
Stronger And More Focused Enterprise Delivering Best-In-Class Innovation, Cost Efficiencies And Share Gain In Our Core Markets… Enhance Creating A Stronger And More Focused Company Built Upon The Shareholder Return Strength Of Our People And Culture Organic Revenue* Growth 2-3X Market 35%+ Adjusted
Slide 9: Q&A Thank You
Q&A Thank You StanleyBlack&Decker For those who make the world.”
Slide 10: Appendix
Appendix StanleyBlack&Decker For those who make the world.”
Slide 11: Non-GAAP Financial Measures
Non-GAAP Financial Measures This presentation may include Non-GAAP and other financial measures as defined below. 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
Slide 12: Reconciliation Of GAAP To Non-GAAP Measures
Reconciliation Of GAAP To Non-GAAP Measures Free Cash Flow Q4 2022 Q4 2023 Millions of Dollars FY’23 Millions of Dollars GAAP Non-GAAP Non-GAAP Gross GAAP Non-GAAP Non-GAAP Gross Gross Profit Adjustments Profit Gross Profit Adjustments Profit Net Cash Provided By (Used In) $753.5 $778.0 $1,104.4 $1,
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