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White Cap and DEWALT Partner to Support St. Jude Children's Research Hospital for Third Year
Prnewswire· 2025-09-22 13:00
Partnership Overview - White Cap and DEWALT announce their third annual partnership to support St. Jude Children's Research Hospital, focusing on finding cures and saving children [1][5]. - The partnership includes a combined donation of $175,000 from DEWALT and White Cap, to be presented at the Charlotte Motor Speedway on October 5 [3][5]. Event Details - The 20 DEWALT car, driven by Christopher Bell, will feature art created by St. Jude patient Cameron, highlighting the collaboration between the patient and the Joe Gibbs Racing design team [2][4]. - DEWALT will contribute an additional $25,000 through the sale of select products at participating White Cap branches during October [3]. Company Contributions - White Cap's CEO, Alan Sollenberger, emphasizes the growth of the collaboration through donations and creative initiatives aimed at raising awareness and funding for St. Jude [5]. - DEWALT's President, Maria Ford, expresses pride in the partnership and the impact of showcasing patient art on the race car, reinforcing the commitment to support childhood cancer initiatives [5]. St. Jude Children's Research Hospital - St. Jude is recognized for its significant contributions to childhood cancer treatment, increasing the overall survival rate from 20% to over 80% since its inception [9]. - The hospital operates without charging families for treatment, allowing them to focus on their child's recovery [9].
Income Investors Turn to Stanley Black & Decker (SWK) in Dividend Stocks to Buy Under $100
Yahoo Finance· 2025-09-20 00:55
Group 1 - Stanley Black & Decker, Inc. (NYSE:SWK) is recognized as one of the 13 Best High Dividend Stocks to Buy Under $100 [1] - The company is undergoing a significant transformation, having achieved $1.7 billion of a planned $2 billion cost-cutting program, which has improved gross margins to 31.2%, an increase of 1,200 basis points from the lowest point [2] - The Tools & Outdoor division accounts for approximately 87% of total revenue, while the Engineered Fastening unit serves industries such as aerospace and automotive [3] Group 2 - Stanley Black & Decker has a strong dividend track record, having paid dividends without interruption for 148 years, and recently announced a 1.2% increase in its quarterly dividend to $0.83 per share, marking the 59th consecutive year of dividend growth [4] - The stock currently has a dividend yield of 4.18% as of September 18 [4]
Majority of Chicago-Based Skilled Tradeswomen Feel They Are Playing a Critical Role in Building the Country's Future; Nearly Half Anticipate Working on Major Infrastructure Such As Data Centers
Prnewswire· 2025-09-19 13:00
Core Insights - The DEWALT® survey highlights the positive outlook of tradeswomen in Chicago regarding their career journeys and the construction industry [1] - More than half of the surveyed tradeswomen express excitement about the increased demand for skilled workers [1] - The survey indicates a willingness among tradeswomen to embrace new technologies, including advanced power tools, AI-powered design tools, and digital project management tools [1] Company Insights - DEWALT®, a brand under Stanley Black & Decker, is recognized as a leader in total jobsite solutions [1] - The survey was conducted ahead of the Tradeswomen Build Nations Conference, emphasizing DEWALT®'s commitment to supporting women in the construction trades [1] Industry Insights - The survey reflects a growing trend of young women entering skilled trades, contributing significantly to the advancement of the nation's infrastructure [1] - The findings suggest a shift in the construction industry towards embracing technology and innovation, driven by the new generation of tradeswomen [1]
Stanley Black & Decker Appoints Bill Beck President, Tools & Outdoor
Prnewswire· 2025-09-18 13:32
Accessibility StatementSkip Navigation Continue Reading Bill Beck, President, Tools & Outdoor, Stanley Black & Decker SOURCE Stanley Black and Decker-Corporate NEW BRITAIN, Conn., Sept. 18, 2025 /PRNewswire/ --Â Stanley Black & Decker (NYSE: SWK) today announced that Bill Beck has been appointed President, Tools & Outdoor, effective October 1. Beck will be responsible for optimizing Stanley Black & Decker's strong portfolio of brands and products while advancing the strategic roadmap for the Tools & Outdoor ...
Stanley Black & Decker, Inc. (SWK) Presents at Morgan Stanley's 13th Annual Laguna
Seeking Alpha· 2025-09-12 01:16
Group 1 - The company is undergoing a leadership transition with Chris Nelson stepping into the CEO role and Don Allan moving to Executive Chair [2] - The focus for value creation is on completing the transformation, mitigating tariffs to achieve margins above 35%, and pivoting towards growth through targeted innovation and brand activation [2] - Despite challenges in the macro and political environment, the company remains confident in achieving the targets set a year ago [3]
Stanley Black & Decker, Inc. (SWK) Presents At Morgan Stanley's 13th Annual Laguna Conference Transcript
Seeking Alpha· 2025-09-12 01:16
Group 1 - The company is undergoing a leadership transition with Chris Nelson stepping into the CEO role and Don Allan moving to Executive Chair [2] - The focus for value creation is on completing the transformation, mitigating tariffs to achieve margins above 35%, and pivoting towards growth through targeted innovation and brand activation [2] - Despite challenges in the macro and political environment, the company remains confident in achieving the targets set a year ago [3]
Stanley Black & Decker (NYSE:SWK) FY Conference Transcript
2025-09-11 21:07
Summary of Stanley Black & Decker FY Conference Call Company Overview - **Company**: Stanley Black & Decker (NYSE: SWK) - **Date of Conference**: September 11, 2025 Key Points Leadership Changes - Chris Nelson will transition from COO to CEO in October, while Don Allan will become Executive Chair [2] - The company emphasizes a strong organic growth strategy and transformation focus [2][3] Brand Strategy - The company is prioritizing investments in three key brands: DEWALT®, STANLEY®, and CRAFTSMAN®, which collectively account for over 75% of revenue [4][5][11] - This strategy aims to enhance brand resonance with end users and improve productivity and safety [4][5] Brand Performance - DEWALT® has shown strong growth, while STANLEY® and CRAFTSMAN® are expected to improve with focused investments [6][8] - CRAFTSMAN® is being retooled to better target DIY consumers [7][8] Innovation and Workforce - The company is focusing on product innovation in carpentry, concrete, plumbing, and electrical categories [9][10] - Over 400 customer-facing employees have been added to support sales and field service [9][10] Market Dynamics - The company aims to outgrow the market by 2% to 3% above real GDP growth, targeting a growth rate of 4% to 6% [14][15] - The competitive landscape includes several players, with the company and TTI brands each holding about 12% market share [15][16] Financial Performance - Gross margins are recovering, with a target of reaching 35% in the future, although tariffs have delayed this by about 12 months [18][20] - The company anticipates achieving around 31% gross margin for the full year 2025, with plans for further improvements through price increases and tariff mitigation [20][21] Tariff Impact - Tariffs have introduced approximately $800 million in annualized costs, which the company plans to mitigate through pricing strategies and supply chain adjustments [20][21][32] - The company is working to optimize its supply chain to reduce reliance on China and enhance USMCA compliance [30][36] Market Conditions - The pro market remains resilient, while the consumer market is under pressure, with fluctuations in point-of-sale (POS) performance [22][23] - The company expects that certainty in tariffs and interest rates could positively impact market conditions [23][24] Future Outlook - The company is preparing for a potentially volatile macroeconomic environment in 2026, focusing on maintaining gross margins and cash flow [38][39] - Plans for divestiture of certain assets, particularly in the fastener business, are ongoing, with expectations to monetize these assets in late 2025 or early 2026 [40][41] Strategic Considerations - The company is committed to maximizing shareholder value and is evaluating its portfolio composition to ensure alignment with growth strategies [41][42] Additional Insights - The company is focused on maintaining pricing discipline while competing on innovation and product support [15][29] - There is a recognition of the need for multi-nodal manufacturing capabilities to adapt to changing global trade dynamics [36][37]
Getting Cautious On Stanley Black & Decker (NYSE:SWK)
Seeking Alpha· 2025-09-11 09:41
It’s been about five months since I took a small position in Stanley Black & Decker Inc. ( SWK ) , and in that time the shares have returned about 23.7% against a gain ofI'm a quant investment newsletter writer who marries fundamental analysis with the latest research in momentum. Over the past few years, I’ve developed a piece of software that helps me track the level of optimism and pessimism embedded in stock price. I seek to challenge the assumptions embedded in price by profitably exploiting the discon ...
DEWALT's First Cordless 4 in. Angle Grinder Delivers Optimal Maneuverability in a Compact Size Without Compromising Power
Prnewswire· 2025-09-08 13:00
Core Insights - The new suite of DEWALT cordless grinders is designed for high performance and mobility in tight spaces, allowing users to transition from pneumatic to cordless applications [1] Product Overview - The suite includes the ATOMIC™ 20V MAX* 4 in. Angle Grinder and a 4.5 in. model, catering to demanding applications [1]
Stanley Black Exhibits Strong Prospects Despite Persisting Headwinds
ZACKS· 2025-09-04 16:35
Core Insights - Stanley Black & Decker, Inc. (SWK) is implementing a global cost-reduction program that has resulted in approximately $1.8 billion in pre-tax run-rate savings and over $2 billion in inventory reductions since its launch in mid-2022 [1][2][7] Group 1: Cost Reduction and Financial Performance - In Q2 2025, SWK achieved about $150 million in pre-tax run-rate cost savings, with a target of $2 billion in total savings by the end of 2025 [2] - The long-term goal includes maintaining an adjusted gross margin above 35%, with $1.5 billion of savings expected from supply-chain transformation initiatives [2] - The company paid $248.5 million in dividends in the first half of 2025, marking a 2% increase year over year, and raised its quarterly dividend to $0.83 per share [4][7] Group 2: Market Position and Acquisitions - SWK expanded its product portfolio through acquisitions, including an 80% stake in MTD Holdings and Excel Industries for $1.9 billion, enhancing its position in the $25 billion outdoor products market [3] - The company is experiencing rising demand for home and outdoor products, driven by a shift towards electrification [3] Group 3: Segment Performance and Challenges - The Tools & Outdoor segment is facing challenges due to decreased demand for outdoor products and tariff-related shipment disruptions, alongside persistent softness in the DIY market [7][8] - The Engineered Fastening segment is impacted by headwinds in global automotive production and constrained capital expenditure spending [8] - Adverse foreign currency translation has negatively affected sales by 1% year over year in the first half of 2025 [9]