-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, St4lAyY7Yn56nMrbJcKxJK9YLAftD6RRkvTelV+qn/uI9tYQdjcwr5sdhm0xjAGD 8k8B56ExV8qLN1FY9AqKXw== 0000950123-08-008174.txt : 20080723 0000950123-08-008174.hdr.sgml : 20080723 20080722190852 ACCESSION NUMBER: 0000950123-08-008174 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080722 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080723 DATE AS OF CHANGE: 20080722 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STANLEY WORKS CENTRAL INDEX KEY: 0000093556 STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420] IRS NUMBER: 060548860 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05224 FILM NUMBER: 08964391 BUSINESS ADDRESS: STREET 1: 1000 STANLEY DR STREET 2: P O BOX 7000 CITY: NEW BRITAIN STATE: CT ZIP: 06053 BUSINESS PHONE: 8602255111 MAIL ADDRESS: STREET 1: 1000 STANLEY DR CITY: NEW BRITAIN STATE: CT ZIP: 06053 8-K 1 y63798e8vk.htm FORM 8-K 8-K
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): July 22, 2008
The Stanley Works
(Exact name of registrant as specified in its charter)
         
Connecticut   1-5244   06-0548860
         
(State or other jurisdiction   (Commission   (I.R.S. Employer
of incorporation)   File Number)   Identification No.)
 
1000 Stanley Drive, New Britain, Connecticut       06053
         
(Address of principal executive offices)       (Zip Code)
Registrant’s telephone number, including area code: (860) 225-5111
Not Applicable
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

 

Item 8.01   Other Events.
The Stanley Works is providing the segment results, along with diluted earnings per share for 2007 and 2008 prior periods as recast to reflect the previously announced sale of the CST/berger business and two other small business divestitures as discontinued operations. The segment and diluted earnings per share results are attached hereto as Exhibit 99.1 to this report and incorporated herein by reference.
Item 9.01   Financial Statements and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Not applicable
(d) Exhibits
99.1 Business Segment Trends

 

 

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  The Stanley Works
 		  
July 22, 2008  By:   /s/ Bruce H. Beatt    
    Name:   Bruce H. Beatt   
    Title:   Vice President, General Counsel and Secretary   

 

 

         
Exhibit Index
     
Exhibit No.   Description
 
    
99.1
  Business Segment Trends

 

EX-99.1 2 y63798exv99w1.htm EX-99.1: BUSINESS SEGMENT TRENDS EX-99.1
THE STANLEY WORKS AND SUBSIDIARIES
BUSINESS SEGMENT TRENDS
AS RECAST AT JUNE 2008 PRIMARILY FOR CST/BERGER
(Unaudited, Millions of Dollars Except Per Share Amounts)
                                                 
                    Segment Profit     Diluted Earnings Per Share  
    Net     Segment     as a Percent     Continuing     Discontinued        
    Sales     Profit     of Net Sales     Operations     Operations     Total  
First Quarter 2007
                                                
Construction & DIY
   $ 404.3     $ 58.5       14.5 %                        
Industrial
     308.1       45.2       14.7 %                        
Security
     325.7       45.6       14.0 %                        
 
                                          
Segment Profit
   $ 1,038.1       149.3       14.4 %                        
 
                                              
Corporate Overhead
             (17.4 )     -1.7 %                        
 
                                            
Consolidated
           $ 131.9       12.7 %   $ 0.77     $ 0.02     $ 0.80  
 
                                      
 
                                                
Second Quarter 2007
                                                
Construction & DIY
   $ 432.6     $ 63.3       14.6 %                        
Industrial
     302.2       45.9       15.2 %                        
Security
     360.9       67.4       18.7 %                        
 
                                          
Segment Profit
   $ 1,095.7       176.6       16.1 %                        
 
                                              
Corporate Overhead
             (17.6 )     -1.6 %                        
 
                                            
Consolidated
           $ 159.0       14.5 %   $ 0.98     $ 0.03     $ 1.01  
 
                                      
 
                                                
Third Quarter 2007
                                                
Construction & DIY
   $ 437.5     $ 72.2       16.5 %                        
Industrial
     298.1       41.4       13.9 %                        
Security
     370.6       68.3       18.4 %                        
 
                                          
Segment Profit
   $ 1,106.2       181.9       16.4 %                        
 
                                              
Corporate Overhead
             (12.7 )     -1.1 %                        
 
                                            
Consolidated
           $ 169.2       15.3 %   $ 1.05     $ 0.03     $ 1.09  
 
                                      
 
                                                
Fourth Quarter 2007
                                                
Construction & DIY
   $ 440.7     $ 60.1       13.6 %                        
Industrial
     337.4       50.2       14.9 %                        
Security
     364.7       59.5       16.3 %                        
 
                                          
Segment Profit
   $ 1,142.8       169.8       14.9 %                        
 
                                              
Corporate Overhead
             (14.5 )     -1.3 %                        
 
                                            
Consolidated
           $ 155.3       13.6 %   $ 1.07     $ 0.04     $ 1.11  
 
                                      
 
                                                
Full Year 2007
                                                
Construction & DIY
   $ 1,715.1     $ 254.1       14.8 %                        
Industrial
     1,245.8       182.7       14.7 %                        
Security
     1,421.9       240.8       16.9 %                        
 
                                          
Segment Profit
   $ 4,382.8       677.6       15.4 %                        
 
                                              
Corporate Overhead
             (62.2 )     -1.4 %                        
 
                                            
Consolidated
           $ 615.4       14.0 %   $ 3.88     $ 0.13     $ 4.00  
 
                                      
 
                                                
First Quarter 2008
                                                
Construction & DIY
   $ 405.8     $ 47.0       11.6 %                        
Industrial
     332.7       48.7       14.6 %                        
Security
     335.2       52.9       15.8 %                        
 
                                          
Segment Profit
   $ 1,073.7       148.6       13.8 %                        
 
                                              
Corporate Overhead
             (17.7 )     -1.6 %                        
 
                                            
Consolidated
           $ 130.9       12.2 %   $ 0.81     $ 0.03     $ 0.85  
 
                                      

 

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