STANLEY BLACK & DECKER, INC. : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)
January 31, 2022 at 06:50 pm
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Item 7.01 Regulation FD Disclosure.
Stanley Black & Decker, Inc. will report fourth quarter and full year 2021
results on its upcoming earnings call representing continuing operations which
will exclude the results of the electronic security solutions and healthcare
businesses ("Security") as a result of the divestiture that was announced on
December 8, 2021. The results of these businesses were previously included in
the Company's Security segment and will be recorded as discontinued operations.
Additional disclosure for the Company's fourth quarter and full year 2021
results will be provided in the earnings release for continuing and discontinued
operations. Furthermore, the Company has posted supplementary financial
information on its website to reflect quarterly and year-to-date operating
results and business segment information for the first three quarters of 2021
and quarterly and annual 2020 for continuing operations.
The Company's 2022 guidance will be provided for continuing operations.
A copy of the supplementary financial information is furnished as Exhibit 99.1
to this Current Report on Form 8-K and is incorporated in this report as if
fully set forth herein. The information furnished pursuant to this Item 7.01
shall not be deemed filed for purposes of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section, nor shall
it be deemed incorporated by reference in any filing under the Securities Act of
1933, except as shall be expressly set forth by specific reference in such
filing.
Item 9.01 Financial Statements and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Not applicable
(d) Exhibits
99.1 Supplementary financial information
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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%).