AI English summary of an SEC filing — figures as filed
The company said Q3 revenues were $3.8 billion, in line with the prior year, as price (+5%) and currency (+1%) gains were offset by lower volume (-6%).
Key points
AI summaryThe company said Q3 revenues were $3.8 billion, in line with the prior year, as price (+5%) and currency (+1%) gains were offset by lower volume (-6%).
Stanley Black & Decker said gross margin for Q3 was 31.4%, up 150 basis points from the prior year, and adjusted gross margin was 31.6%, up 110 basis points. It cited pricing strategies and supply chain transformation efficiencies as the main drivers, partially offset by tariffs, lower volume and inflation.
The company said it recorded $169 million in non-cash asset impairment charges in Q3, following its annual long-term strategic planning reviews, related to the Lenox, Troy-Bilt and Irwin trade names and certain minority investments. Its Q3 EPS was $0.34, and its adjusted EPS was $1.43.
The company said it revised its 2025 GAAP EPS base planning scenario to $2.55 to $2.70 (from $3.45 ±$0.10) and its adjusted EPS to approximately $4.55 (from approximately $4.65). It said free cash flow is targeted to be approximately $600 million, unchanged from the prior quarter.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Stanley Black & Decker Reports Q3 Revenues of $3.8 Billion, Flat Year over Year
The company said Q3 revenues were $3.8 billion, in line with the prior year, as price (+5%) and currency (+1%) gains were offset by lower volume (-6%).
Source · Based on the filing body and exhibits
Gross margin 31.4%, up 150 basis points
Stanley Black & Decker said gross margin for Q3 was 31.4%, up 150 basis points from the prior year, and adjusted gross margin was 31.6%, up 110 basis points. It cited pricing strategies and supply chain transformation efficiencies as the main drivers, partially offset by tariffs, lower volume and inflation.
Source · Based on the filing body and exhibits
$169 million non-cash asset impairment charge recorded
The company said it recorded $169 million in non-cash asset impairment charges in Q3, following its annual long-term strategic planning reviews, related to the Lenox, Troy-Bilt and Irwin trade names and certain minority investments. Its Q3 EPS was $0.34, and its adjusted EPS was $1.43.
Source · Based on the filing body and exhibits
2025 EPS outlook revised, free cash flow $600 million
The company said it revised its 2025 GAAP EPS base planning scenario to $2.55 to $2.70 (from $3.45 ±$0.10) and its adjusted EPS to approximately $4.55 (from approximately $4.65). It said free cash flow is targeted to be approximately $600 million, unchanged from the prior quarter.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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