Feb 22, 2024 / 06:15PM GMT
Julian C.H. Mitchell - Barclays Bank PLC, Research Division - Research Analyst
Great. Thanks, everyone, for being here. It's my pleasure to have next Stanley Black & Decker; Patrick Hallinan, CFO; and Dennis Lange, Investor Relations. So thanks very much, Pat and Dennis, being here. I'm not sure if you wanted to make some introductory remarks -- yes.
Patrick D. Hallinan - Stanley Black & Decker, Inc. - Executive VP & CFO
I'll start out with a few things and then turn it over to you for questions, Julian. But thank you for the interest. Those of you who followed us of late, obviously, we're on a journey of recovering our margins and growth post some COVID disruption. Last year, our focus was really on gross profit margin recovery, cash generation and starting to plant the seeds of growth investment, and those were all the things we executed on last year. We hit our gross margin target, actually finished the back half a bit stronger than we expected. And we generated $850 million of cash and used a good portion to de-lever, and we made $125 million of
Stanley Black & Decker Inc at Barclays Industrial Select Conference Transcript
Mar 07, 2024
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