Reports Q4 revenue $3.72B, consensus $3.58B. Donald Allan, Stanley Black & Decker’s president and CEO, commented, “Stanley Black & Decker delivered across its key focus areas in 2024 with continued gross margin expansion, strong free cash flow* generation, strengthening our balance sheet as well as making new investments aimed at driving market share growth. Against a mixed macroeconomic backdrop, we are encouraged by the growth and share gain momentum in DEWALT and within portions of engineered fastening. As we continue on this journey, we are proud to have delivered on key financial milestones, including adjusted gross margin* exceeding 31% in the fourth quarter along with strong cash generation. I want to thank our organization for their relentless focus and dedication to serving our customers and achieving these results.”
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