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Stanley Black & Decker Completes Acquisitions Of MTD Holdings And Excel Industries, Creating A Global Leader In Outdoor Products

NEW BRITAIN, Conn., Dec. 1, 2021 -- Stanley Black & Decker today announced that it has successfully completed the acquisition of two leading companies in the growing outdoor power equipment industry, including purchasing the remaining 80 percent ownership stake in MTD Holdings Inc ("MTD") and the acquisition of Excel Industries ("Excel").  These transactions establish Stanley Black & Decker as a U.S. based global leader in outdoor products and complement the Comp...
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Stanley Black & Decker Reaffirms 2021 Guidance And Provides Strategic Update At Growth Summit

Stanley Black & Decker Reaffirms 2021 Guidance And Provides Strategic Update At Growth Summit News provided by Share this article Share this article NEW BRITAIN, Conn., May 13, 2021 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) hosted a virtual growth summit with investors today.  At the event, Stanley Black & Deckers leadership team provided an update on its growth catalysts and margin resiliency initiative, and detailed how each is critical to achieving the Companys long-term vision. ...
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Home renovation boom buoys Stanley Black & Decker's 1Q sales, profits

New Britain-based industrial tools and household hardware manufacturer Stanley Black & Decker continued to ride a recent boom in construction projects into the first quarter of 2021, with profits rising sharply from a year earlier. The company reported net income of $478 million, or $3.04 per share, up from $133.2 million, or 89 cents, in the year-ago period. Net sales climbed from $3.1 billion in the opening quarter of 2020 to $4.1 billion in the first quarter of 2021. In a statement, Stanley ...
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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 Black & Decker Inc (SWK) Q1 2021 Earnings Call Transcript

Stanley Black & Decker Inc (SWK) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Stanley Black & Decker Inc (NYSE: SWK) Popular Searches Operator Welcome to the First Quarter 2021 Stanley Black & Decker Earnings Conference Call. My name is Shannon, and Ill be your operator for todays call. [Operator Instructions] I will now turn the call over to the Vice President of Investor Relations, Dennis Lange. Mr. Lan...
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Source: msn.com

Stanley Black & Decker profit more than doubles to handily beat estimates

Stanley Black & Decker profit more than doubles to handily beat estimates Stanley Black & Decker Inc. posted better-than-expected earnings for the fourth quarter, as profit more than doubled from the year-earlier period despite the challenges created by the pandemic. The New Britain, Conn.-based tool maker said it had net income of $458.0 million, or $2.88 a share, in the quarter, up from $199.1 million, or $1.32 a share, in the year-earlier period. Adjusted per-share earnings came to $3.29, we...
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