Stanley Black & Decker (SWK) Revenue — Quarter Ended Jun 29, 2024
Revenue for the quarter rose compared to the preceding period but fell relative to the same quarter a year earlier. The sequential increase reversed a pattern of declines seen in earlier quarters.
Key takeaway
Quarter ended Jun 29, 2024 · FY2024 Q2
Revenue for the quarter rose compared to the preceding period but fell relative to the same quarter a year earlier. The sequential increase reversed a pattern of declines seen in earlier quarters.
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
+4.0%
Change from the immediately preceding quarter.
Year-over-year
-3.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.6B
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 |
|---|---|---|
| Sep 30, 2023 | $4B | -4.0% |
| Dec 30, 2023 | $3.7B | -6.3% |
| Mar 30, 2024 | $3.9B | -1.6% |
| Jun 29, 2024 | $4B | -3.2% |
Revenue performance
The reported revenue moved upward from the previous quarter, marking a positive sequential change. However, when measured against the corresponding period one year ago, revenue was lower.
Quarterly comparison
Compared to the immediately preceding quarter, revenue showed growth. In contrast, revenue declined compared to the same quarter one year earlier.
What to watch
The mixed directional signals between sequential and year-over-year comparisons warrant continued monitoring.