Stanley Black & Decker (SWK) Revenue — Quarter Ended Sep 30, 2023
Revenue declined in the quarter, continuing a downward trend. The decrease was driven by lower sales compared to both the prior quarter and the same period a year earlier.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue declined in the quarter, continuing a downward trend. The decrease was driven by lower sales compared to both the prior quarter and the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4B
Revenue reported for this quarter.
Quarter-over-quarter
-4.9%
Change from the immediately preceding quarter.
Year-over-year
-4.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$16B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $4B | +0.1% |
| Apr 1, 2023 | $3.9B | -11.6% |
| Jul 1, 2023 | $4.2B | -5.3% |
| Sep 30, 2023 | $4B | -4.0% |
Revenue performance
Reported revenue fell relative to the immediately preceding quarter. The decline also persisted when measured against the same quarter one year ago.
Quarterly comparison
Compared with the prior quarter, revenue was lower. The year-over-year comparison also showed a reduction in revenue.
What to watch
The filing context does not provide specific details on the revenue decline; monitor future filings for underlying drivers.