Stanley Black & Decker (SWK) Revenue — Quarter Ended Dec 30, 2023
Revenue in the quarter declined from the immediately preceding quarter and from the same quarter one year earlier. This marks the second consecutive quarter-over-quarter drop and the fourth consecutive year-over-year decrease.
Key takeaway
Quarter ended Dec 30, 2023 · FY2023 Q4
Revenue in the quarter declined from the immediately preceding quarter and from the same quarter one year earlier. This marks the second consecutive quarter-over-quarter drop and the fourth consecutive year-over-year decrease.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.7B
Revenue reported for this quarter.
Quarter-over-quarter
-5.5%
Change from the immediately preceding quarter.
Year-over-year
-6.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.8B
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 |
|---|---|---|
| Apr 1, 2023 | $3.9B | -11.6% |
| Jul 1, 2023 | $4.2B | -5.3% |
| Sep 30, 2023 | $4B | -4.0% |
| Dec 30, 2023 | $3.7B | -6.3% |
Revenue performance
The reported revenue was lower than the prior quarter and also fell relative to the year-ago period, continuing the trend of year-over-year declines seen throughout the fiscal year.
Quarterly comparison
Compared to the preceding quarter, revenue decreased. Relative to the same quarter one year earlier, revenue also declined.
What to watch
The supplied filing context does not include substantive commentary on the revenue decline, so the underlying drivers are not addressed in the report.