Cost Reduction Target Achievement
On track to deliver the $2 billion cost reduction targeted by year-end 2025, with $1.9 billion already achieved by mid-2022.
Adjusted Gross Margin Improvement
Third quarter adjusted gross margin increased to 31.6%, up 110 basis points year-over-year, with a target to achieve 35% by the fourth quarter of 2026.
DEWALT Brand Performance
Continued revenue growth across all product lines and regions, supported by targeted investments in innovation and market activation.
Engineered Fastening Segment Growth
Third quarter revenue grew 3% on a reported basis and 5% organically, with aerospace business achieving over 25% organic growth.
Free Cash Flow Generation
Generated $155 million in free cash flow during the third quarter, progressing toward the full year 2025 objective of $600 million.