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Stanley Black & Decker Reports Record 1Q 2021 Results

Stanley Black & Decker Reports Record 1Q 2021 Results News provided by Share this article Share this article NEW BRITAIN, Conn., April 28, 2021 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced first quarter 2021 financial results. 1Q21 Revenues Totaled $4.2 Billion, Up 34% Versus Prior Year Led By Tools & Storage With All Segments Contributing To 31% Organic Growth 1Q21 Gross Margin Was 37.3%; Excluding Charges, 1Q21 Gross Margin Was 37.4% Up 440 Basis Points Versus Prior Ye...
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Stanley B&D Eyes 'Potential Infrastructure Boom' After Major Q1 Organic Growth

Stanley B&D Eyes Potential Infrastructure Boom After Major Q1 Organic Growth SBDs Tools and Storage unit saw sales surge 48 percent year-over-year in North America, while Industrial also had solid growth. Apr 28th, 2021 iStock Industrial tools, hardware and security products maker Stanley Black & Decker reported its 2021 first quarter financial results on Wednesday, showing continued major year-over-year growth powered largely by the companys Tools & Storage business unit. The New Britain, CT-b...
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Stanley Black & Decker Lifts Q4 Organic Growth Outlook

Stanley Black & Decker Lifts Q4 Organic Growth Outlook WASHINGTON (dpa-AFX) - Stanley Black & Decker (SWK) said it upgraded certain scenario planning assumptions, due to stronger demand across North America, Europe and emerging markets in Tools and Storage as well as a stronger performance in Engineered Fastening and Attachment Tools within Industrial. The company said that its fourth quarter organic growth is now approaching 10% compared to the prior assumption of 3% - 5%. The company now expe...
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