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: ...

Most recently, Wintner served as Stanley Black & Decker's Senior Vice President of Human Resource Operations and CHRO, Tools and Outdoor. In her new role, Wintner will be responsible for the company's global human resources strategy and operations; talent management, including recruitment and leadership development; and compensation and benefits. "I am honored and excited to take on this role during this transformational period in our company's history," said Wintner. "As we advance our business strategy, o ...

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 ...

Activities that call for Pizza Range by Region Regions across the U.S. have their opinions on which activities they most associate with pizza night. When sports are at play, the Midwest was the region where pizza and sports paired together was most popular (33%). The Northeast has the most enthusiasm about pairing pizza and board game night (25.2%) and Western states like to eat pizza when they are hosting (19%). More than 40% of those from the south like to pair their pizza with video gaming. "With endless ...

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 ...

CHICAGO, July 1, 2024 /PRNewswire/ -- Stanley Black & Decker's (NYSE: SWK) iconic CRAFTSMAN® brand is once again teaming up with the Ace Hardware Foundation and NASCAR driver Christopher Bell of Joe Gibbs Racing to support the 18th Annual Racing for a Miracle program, dedicated to supporting Children's Miracle Network Hospitals (CMN Hospitals). Ten children from Ann & Robert H. Lurie Children's Hospital in Chicago selected as NASCAR driver Christopher Bell's honorary junior crew members Junior crew members' ...

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 ...