Item 8.01 Other Events.

Donald Allan, Jr., Executive Vice President and CFO, spoke this morning at the J.P. Morgan 2020 Homebuilding & Building Products Conference and updated the Company's second quarter 2020 organic revenue planning assumption. The Company's revised plan currently assumes an organic decline of 20% to 30% which is updated from the planning assumption of a 35% to 45% organic decline provided on the April 30, 2020 earnings call. The improved range primarily comes from better visibility of stronger performance in the US Retail channel for Tools & Storage as well as global Security, although the environment remains dynamic. The presentation and a question and answer session in its entirety can be found on the investor section of the Company's website (https://www.stanleyblackanddecker.com/investors).

Cautionary Statements Regarding Forward-Looking Statements

This current report on Form 8-K contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any projections or guidance of earnings, revenue or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements concerning proposed new products, services or developments; any statements regarding future economic conditions or performance; any statements of belief; and any statements of assumptions underlying any of the foregoing. Forward-looking statements may include, among other, the words "may," "will," "estimate," "intend," "continue," "believe", "expect," "anticipate" or any other similar words.

Although the Company believes that the expectations reflected in any of its forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of its forward-looking statements. The Company's future financial condition and results of operations, as well as any forward-looking statements, are subject to change and to inherent risks and uncertainties, such as those disclosed or incorporated by reference in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K and in the Quarterly Report on Form 10-Q, including under the heading "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and in the Consolidated Financial Statements and the related Notes.

Forward-looking statements in this Form 8-K speak only as of the date hereof. The Company does not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as required by law.


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