Stanley Black & Decker : Q4 and FY 2021 Stanley Black & Decker, Inc. Earnings Conference Call Slides
February 01, 2022 at 07:52 am EST
Share
Fourth Quarter And Full Year 2021 Overview
February 1, 2022
Participants
Jim Loree
CEO
Don Allan
President & CFO
Dennis Lange
VP, Investor Relations
4Q'21 OVERVIEW
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Cautionary Statements
Certain Statements Contained In This Presentation Are Forward Looking. These Are Based On Assumptions Of Future Events Which May Not Prove To Be Accurate. They Involve Risk And Uncertainty. Actual Results May Differ Materially From Those Expected Or Implied. We Direct You To The Cautionary Statements Detailed In The Corresponding Press Release And Form 8-K And Our Recent '34 Act SEC Filings.
The Company's Results Represent Continuing Operations And Exclude The Commercial Electronic Security & Healthcare Businesses Following The Announced Divestiture In December 2021, Unless Specifically Noted. This Transaction Is Expected To Close In The First Half Of 2022. These Businesses Previously Were Included In The Security Segment And Have Been Recorded As Discontinued Operations.
4Q'21 OVERVIEW
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4Q & FY 2021 Key Messages
Robust Customer Demand Drove Record Full Year Organic Growth* Of 17% & 30% Adjusted EPS* Expansion
Successfully Implemented Price Increases To Recover Inflation | Actively Addressing A Dynamic Supply Chain
Created More Focused Portfolio Through Outdoor Power Equipment Acquisitions And Announced Security Business Divestiture
Approximately $4 Billion Share Repurchase Program Expected To Begin In 1Q
Confident In Our Multi-Year Growth & Margin Expansion Potential Supported By Secular Trends & Investments In Company Specific Catalysts
FY'21 Key Financials
$15.6B
Total Revenue
+17%
Organic Growth*
3%
Price Realization
$10.48
Adjusted Diluted EPS*
+30%
Adjusted Diluted EPS* Expansion
*Non-GAAP Financial Measures. See Appendix For Reconciliation of GAAP To Non-GAAP Measures Used in This Presentation.
4Q'21 OVERVIEW
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Demand Remains Strong As We Enter 2022
Robust Demand Continues Into 2022…
Demand In Tools Remains Strong
Positive Housing & Repair/Remodel Fundamentals
Millennial Household Formation
Low Existing Inventory
Home Value Appreciation
Focus On The Home & Remote Work
Continued Recovery In Non-Residential
Auto & Aero Cyclical Recovery On The Horizon
$1.2 Trillion Bipartisan US Infrastructure
…Bolstered By Secular Trends & Growth Catalysts
Reconnection With Home & Garden
Innovation
eCommerce
Expanding Capabilities
Electrification
Demand Remains Robust | Our Multi-Year Runway For Growth & Margin Expansion Is Compelling
4Q'21 OVERVIEW
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Stanley Black & Decker Inc. published this content on 01 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 February 2022 12:51:07 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. 
