Stanley Black & Decker beats top-line and bottom-line estimates; reaffirms FY24 outlook

• Stanley Black & Decker press release (NYSE:SWK): Q1 non-GAAP EPS of $0.56 beats by $0.01.
• Revenue of $3.87B (-1.5% Y/Y) beats by $40M.
• The Company reiterated 2024 Full-Year Guidance – Expects GAAP EPS of $1.60 to $2.85, Adjusted EPS of $3.50 to $4.50 vs. $4.14 consensus, and free cash flow of $0.6 Billion to $0.8 Billion.

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