Second Quarter Gross Margin Expanded Versus Prior Year Driven by Lower Inventory Destocking Costs, Supply Chain Transformation Benefits and Reduced Shipping Costs Global Cost Reduction Program Remains On-Track for Expected Pre-Tax Run-Rate Savings of $1.5 Billion by End of 2024 and $2 Billion by End of 2025 Strong Cash Generation and Proceeds from Infrastructure Divestiture in Second Quarter Supported $1.2 Billion Debt Reduction NEW BRITAIN, Conn., July 30, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE: ...

Board Of Directors Approves Quarterly Cash Dividend Increase To $0.82 Per Share Dennis Lange Christina Francis Vice President, Investor Relations Director, Investor Relations [email protected] [email protected] (860) 827-3833 (860) 438-3470 NEW BRITAIN, Conn., July 25, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK), a worldwide leader in Tools and Outdoor, announced today that its Board of Directors approved a $0.01 increase of its quarterly cash dividend to $0.82 per common share. The dividend is ...

Amidst a national skilled labor shortage, 88% of tradespeople in Orlando say that easier access to necessary tools would attract more workers to the construction industry The majority of tradespeople (92%) say that not having the right tools or losing a tool on the jobsite is a significant hindrance to productivity This year, DEWALT will gift 100 tool kits to graduates of The Home Builders Institute's (HBI) Orlando BuildStrong Academy to jumpstart their trades careers, including the latest cohort graduating ...

Core Insights - The survey conducted by BLACK+DECKER reveals diverse preferences for pizza consumption across different regions in the U.S. [5][8] - Pepperoni is identified as the most popular pizza topping, with 67% of respondents favoring it [7][8] - The BLACK+DECKER vera Pizza Oven is designed to allow consumers to create personalized pizzas at home [2][6] Regional Preferences - In the Midwest, 33% of respondents associate pizza with sports, while 25.2% in the Northeast prefer pizza during board game nights [1] - Over 40% of respondents from the South enjoy pizza while video gaming [1] Toppings and Dipping Sauces - Following pepperoni, the most popular toppings include sausage (44%), bacon (39%), mushrooms (32%), and onions (26%) [3][7] - The most favored dipping sauces are garlic butter and ranch dressing, both at 37%, with 16% of respondents not using any dipping sauce [3][5] Pizza Night Preferences - Nearly 75% of respondents consider watching a movie or TV show as the ideal activity for pizza night [5] - Friday is the most popular day for pizza consumption, with 72% of respondents indicating they typically enjoy pizza to start the weekend [8] Pizza Styles - The survey shows a division in pizza style preferences, with New York Style (29%) and Deep Dish (24%) being the most favored, while Neapolitan style is the least popular at 2.5% [8] - 84% of pizza eaters agree that fresh ingredients contribute significantly to an enjoyable pizza experience [7] Consumer Behavior - Most respondents (51%) prefer to hold their pizza by the crust, while only 9% fold it in half horizontally [13] - A minority of 16.5% frequently dab off grease from their pizza [13]

In honor of National Tape Measure Day on July 14, STANLEY released the results of a survey measuring the habits of residential trade professionals when it comes to their tape measures The survey found that 75% of residential trade professionals reach for their tape measure more than five times per day with more than three-quarters feeling incomplete without their tape measures STANLEY manufactures nearly 30 million tapes annually and has processed enough steel to circle the world multiple times To celebrate ...

Core Points - Stanley Black & Decker's CRAFTSMAN brand is collaborating with Ace Hardware Foundation and NASCAR driver Christopher Bell for the 18th Annual Racing for a Miracle program, aimed at supporting Children's Miracle Network Hospitals [1][2] - CRAFTSMAN will donate $100,000 to the Ace Hardware Foundation for CMN Hospitals, and Ace Hardware is offering a promotion where 20% of sales from over 90 CRAFTSMAN products will be donated to local CMN Hospitals [2][4][6] Company Contributions - Over the past 18 years, Stanley Black & Decker and its brands have contributed more than $1.8 million to the Racing for a Miracle program, funding essential treatments and healthcare services at CMN Hospitals across the U.S. and Canada [3] - This year's event will feature ten children from Ann & Robert H. Lurie Children's Hospital in Chicago as honorary junior crew members, with their artwork displayed on Bell's car during the Chicago Street Race [5][6] Promotional Activities - Ace Hardware is celebrating its 100th anniversary with a special promotion on CRAFTSMAN products, offering 20% off and donating 10% of the purchase price to local CMN Hospitals from June 26 to July 30, 2024 [6][8] - The celebratory tailgate event at Ace Hardware's headquarters will include appearances by brand ambassadors and will serve as a platform for unveiling the car's paint scheme [4][5]

A news release outlining the financial results will be distributed before the market opens on Tuesday, July 30, 2024. A slide presentation which will accompany the call will be available at www.stanleyblackanddecker.com/investors and will remain available after the call. | --- | --- | |------------------------------------|------------------------------| | | | | Investor Contacts | | | Dennis Lange | Christina Francis | | Vice President, Investor Relations | Director, Investor Relations | | [email protected] ...

"This year's scholarship recipients are leading the way for the next generation to launch rewarding careers in the trades," said Frank Mannarino, General Manager, DEWALT. "At DEWALT, we applaud high school seniors and those at various points in their career journey who have selected the trades, and we encourage our future tradespeople to announce their decision with pride. We are committed to empowering the professionals of tomorrow and providing them the resources they need to excel in their training and o ...

"At CRAFTSMAN, we're expanding our V20* line, offering complete cordless freedom that empowers doers to tackle a wide array of projects using one battery platform," said Eric Bernstein, President, General Manager of CRAFTSMAN at Stanley Black & Decker. "Whether you are cutting, sanding, or scrubbing, our newest tools offer more versatility and performance needed to get the job done in your home, garage or yard." New products added to the CRAFTSMAN V20* lineup include: V20* BRUSHLESS RP™ Belt Sander (Bare To ...

About DEWALT The new DEWALT TOUGHSERIES™ Construction Jack features a lift capacity of up to 340 lbs.* and a lift height of 8-3/4 in. allowing users to complete demanding lifting, leveling and installation tasks, among a variety of other use cases. The new DEWALT TOUGHSERIES™ Construction Jack features a lift capacity of up to 340 lbs.* and a lift height of 8-3/4 in. allowing users to complete demanding lifting, leveling and installation tasks, among a variety of other use cases. "Heavy lifting typically re ...