Stanley Black & Decker, Inc. (SWK) Q3 2024 Earnings Call Transcript

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Q3: 2024-10-29 Earnings Summary

EPS of $1.22 beats by $0.17
 | Revenue of $3.75B (-5.12% Y/Y) misses by $52.40M

Stanley Black & Decker, Inc. (NYSE:SWK) Q3 2024 Earnings Conference Call October 29, 2024 8:00 AM ET

Company Participants

Dennis Lange - Vice President, Investor Relations
Donald Allan - President and Chief Executive Officer
Christopher Nelson - Chief Operating Officer, Executive Vice President and President, Tools & Outdoor
Patrick Hallinan - Executive Vice President and Chief Financial Officer

Conference Call Participants

Julian Mitchell - Barclays
Chris Snyder - Morgan Stanley
Timothy Wojs - Baird
Jeffrey Sprague - Vertical Research Partners
Nicole DeBlase - Deutsche Bank
Nigel Coe - Wolfe Research
Adam Baumgarten - Zelman & Associates
Rob Wertheimer - Melius Research

Operator

Welcome to the Third Quarter 2024 Stanley Black & Decker Earnings Conference Call. My name is Shannon, and I will be your operator for today's call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. Please note that this conference is being recorded.

I will now turn the call over to Vice President of Investor Relations, Dennis Lange. Mr. Lange, you may begin.

Dennis Lange

Thank you, Shannon. Good morning, everyone, and thanks for joining us for Stanley Black & Decker's 2024 Third Quarter Webcast. Here today, in addition to myself is Don Allan, President and CEO; Chris Nelson, COO, EVP and President, Tools & Outdoor; and Pat Hallinan, EVP and CFO.

Our earnings release, which was issued earlier this morning and a supplemental presentation, which we will refer to, are available on the IR section of our website. A replay of this morning's webcast will also be available beginning at 11 a.m. today. This morning, Don, Chris and Pat will review our 2024 third quarter results and various other matters followed by a Q&A session. Consistent with prior webcast, we are going to be sticking with just one question per caller.

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