Stanley Black's (SWK) Q2 Earnings Beat, Revenues Down Y/Y

Segmental Discussion Margin Profile Balance Sheet and Cash Flow In the first six months of the year, SWK paid out dividends worth $243.6 million to its shareholders, up 1.7% from the year-ago period. Stanley Black's net sales of $4.02 billion beat the consensus estimate of $4.01 billion. The top line declined 3.2% year over year due to weakness in the Industrial segment. Revenues from the Industrial segment grossed $495.7 million, down 19.6% year over year. Our estimate for segmental revenues was $586.5 mil ...