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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 & Decker's leadership team provided an update on its growth catalysts and margin resiliency initiative, and detailed how each is critical to achieving the Company's long-term vision. Stanley Black & Decker's CEO James M. Loree commented, "We have built a great company with a peopl...

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 Black & Decker CEO James M. Loree attributed the results to several consumer trends he said had been...

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. 1Q'21 Revenues Totaled $4.2 Billion, Up 34% Versus Prior Year Led By Tools & Storage With All Segments Contributing To 31% Organic Growth 1Q'21 Gross Margin Was 37.3%; Excluding Charges, 1Q'21 Gross Margin Was 37.4% Up 440 Basis Points Versus Prior Year 1Q'21 Operating Margin Was 16.9%; Excluding Charges 1Q'21 Operating Margin Was 17.6%, Up 760 ...

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 I'll be your operator for today's call. [Operator Instructions] I will now turn the call over to the Vice President of Investor Relations, Dennis Lange. Mr. Lange, you may begin.SPONSORED: 10 stocks we like better than Stanley Black & Decker When investing...

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, well ahead of the $3.03 FactSet consensus. Revenue rose to $4.408 billion from $3.714 billion, also ah...