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Global Cost Reduction Program Delivered $875 Million of Pre-Tax Run-Rate Savings Since Initiation; On-Track for Expected $2 Billion Run-Rate Savings by 2025 Gross Margin Expanded Sequentially and...
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 ...