Here's Why It is Appropriate to Retain Stanley Black (SWK)
SWK Holdings(SWKH) ZACKS·2024-07-15 17:01
However, persistent weakness in the Tools & Outdoor segment, arising from softness in the DIY market owing to lower demand for hand tools, has been weighing on Stanley Black's operations. Increasing general and administrative expenses may hurt the bottom line. Given SWK's international presence, the unfavorable impact of foreign currency translation is likely to affect its performance. Stanley Black belongs to the Zacks Manufacturing - Tools & Related Products industry. Growth Catalysts Supply-chain optimiz ...