OPERATING WITH AGILITY & LEVERAGING THE SBD OPERATING MODEL
CENTERED AROUND PEOPLE + TECHNOLOGY
EXTREME
PERFORMANCE
OPERATIONS
EXTRAORDINARY
INNOVATION
RESILIENCY
EXCELLENCE
CUSTOMER EXPERIENCE
"We are excited for the future prospects for growth as our organization is operating with agility and leveraging the SBD Operating Model to pursue our vision: to become known as one of the world's leading innovators, deliver top-quartile performance and elevate our commitment to corporate social responsibility (ESG)."
JIM LOREE, CEO
TOOLS & $ STORAGE
ORGANIC GROWTH
41% VPY
20.2% ADJUSTED OM*
320 BPS VPY
$ INDUSTRIAL
$ SECURITY
ORGANIC GROWTH
10.9%
ORGANIC GROWTH
8.5%
ADJUSTED OM*
ADJUSTED OM*
14% VPY
14% VPY
210 BPS VPY
110 BPS VPY
DEWALT® PORTFOLIO
CEO JIM LOREE JOINS
SBD THE OFFICIAL TOOLS
COUNCIL FOR INCLUSIVE
& STORAGE PARTNER
INNOVATION CONTINUES
CAPITALISM
OF MCLAREN RACING
STANLEYBLACKANDDECKER.COM/INVESTORS
*Non-GAAP financial measure; non-GAAP financial measures should not be considered replacements for, and should be read together with, the most comparable GAAP financial measures. Q2 2021 Diluted Non-GAAP EPS ($3.08) is Q2 2021 Diluted GAAP EPS ($2.81) adjusted for after-tax M&A related and other charges (+$0.27). 2021 full year Diluted GAAP EPS guidance is $10.80 to $11.20. Q2 2021 Adjusted Gross Margin and GAAP Gross Margin is 35.9%. Q2 2021 Adjusted Operating Margin is 15.5% and GAAP Operating Margin is 14.9%. Q2 2021 Adjusted Operating Margin for Tools & Storage, Industrial, and Security is 20.2%, 10.9%, and 8.5%, respectively, and GAAP Operating Margin is 19.9%, 10.4%, and 7.3%, respectively. Adjusted Gross Margin and Adjusted Operating Margin excludes M&A related and other charges. For full financial data and non-GAAP reconciliations, please refer to Stanley Black & Decker's earnings release issued on July 27, 2021, available at http://www.stanleyblackanddecker.com/investors
Caution Concerning Forward-Looking Statements: This document contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 regarding future operating and financial performance. You are cautioned not to rely on these forward-looking statements, which are based on current expectations of future events. For important information about the risks and uncertainties that could cause actual results to vary materially from the assumptions, expectations, and projections expressed in any forward-looking statements, review the "Cautionary Statements" included in the Stanley Black & Decker earnings release issued on July 27, 2021, as well as the most recently filed Stanley Black & Decker Reports on Forms 10-K and 10-Q. Stanley Black & Decker does not undertake any obligation to update or release any revisions to any forward-looking statement as a result of new information or future events or developments.
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Stanley Black & Decker Inc. published this content on 27 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2021 10:09:04 UTC.
Stanley Black & Decker, Inc. specializes in the design, manufacturing and marketing of tools and engineering solutions for professional, industrial and construction and consumer use. Net sales break down by family of products as follows:
- electric tools and accessories (71.1%): tools and electric devices (drills wire, sanders, saws, grinders, batteries, etc.), garden tools (shears, cutting edge, trimmers, aerators , grinders, chainsaws, etc.), vacuum cleaners, lamps, lights, battery chargers, starter batteries, power converters, hand tools (measuring and leveling tools, planes, hammers, knives, blades, screwdrivers, saws, etc.), consumer mechanics tools (wrenches and sockets), plastic tool boxes, pneumatic tools and fasteners (nail guns, staplers, staples, etc.);
- industrial products (16.2%): professional and automotive mechanics tools (wrenches, sockets, electronic diagnostic tools, etc.), storage systems, plumbing, heating and air conditioning tools (pipe wrenches, pliers, tubing cutters, etc.), hydraulic tools, etc.;
- access and security products (12.7%): automatic doors, door closers, emergency exit devices, locking mechanisms, integrated security devices, etc.
Net sales are distributed geographically as follows: the United States (60.5%), Canada (4.7%), Americas (4.2%), France (4%), Europe (19.2%) and Asia (7.4%).
STANLEY BLACK & DECKER, INC. 
