JHVEPhoto It has been almost two years since I published my first and only article about Stanley Black & Decker, Inc. (NYSE:SWK) in August 2022. Back then, I wrote in my conclusion: In my opinion, we can call Stanley Black & Decker at least fairly valued right now as it seems to be trading below the calculated intrinsic value - even when using rather cautious assumptions. Nevertheless, the probability for a recession and bear market that is still upon us is rather high. I would assume the stock to decline f ...

Company Participants Conference Call Participants Welcome to the Second Quarter 2024 Stanley Black & Decker Earnings Conference Call. My name is Shannon and I will be operator for today's call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. Please note that this conference is being recorded. Dennis Lange Thank you, Shannon. Good morning, everyone, and thanks for joining us for Stanley Black & Decker's 2024 second quarter webcast. Here today, i ...

| --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------------------|-------|----------------|-------|-----------------------------------------------------|-------|----------------------| | Gross profit | $ | GAAP \n2,249.7 | $ | YEAR-TO-DATE 2024 \nNon-GAAP Adjustments \n47.9 | $ | 1 Non-GAAP \n2,297.6 | | % of Net Sales | | 28.5 % | | | | 29.1 % | | Selling, general and administrative | | 1,680.4 | | (47.7) | | 1,632.7 | | % of Net Sales | | 2 ...

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' ...