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Discover InoKraft’s Drizzle D1 LVLP Spray Gun Ready To Take On The Toughest Automotive Paint Jobs
Globenewswire· 2025-08-11 14:18
Core Insights - InoKraft has launched a new car renovation campaign featuring the InoKraft Drizzle D1 LVLP Spray Gun, aimed at automotive enthusiasts and professionals, providing professional-grade results at an affordable price [1][8] Product Features - The Drizzle D1 LVLP Spray Gun comes with an all-in-one starter kit that includes a pressure regulator, oil-water separator, and various nozzle sizes, eliminating the need for additional purchases [2] - The product is designed for ease of use, featuring clearly marked scales and intuitive controls, allowing users to achieve professional results quickly [3] - The spray gun offers fine atomization and high transfer efficiency, minimizing overspray and saving time and money, and is compatible with home-use air compressors [5] Upcoming Products - InoKraft plans to introduce two new products to the LVLP group: the InoKraft Drizzle Lite LVLP Spray Gun and the InoKraft Drizzle Pro LVLP Spray Gun, catering to both entry-level and professional users [6][7] Company Mission - InoKraft aims to empower DIY enthusiasts with quality tools that combine performance and longevity, focusing on user experience and purposeful innovation [10]
Snap-On: Snap Up This Strong Signal While It's Still Cheap
MarketBeat· 2025-07-18 14:29
Core Viewpoint - Snap-On's stock price is expected to rise significantly following a strong Q2 earnings release, with a potential upside of at least 12% as it aligns with long-term trends and market support [1][2][3] Financial Performance - Snap-On reported Q2 revenue of $1.1 billion, flat year-over-year but exceeding MarketBeat's consensus estimate by 100 basis points [9][10] - GAAP EPS for the quarter was $4.72, nearly 200 basis points above forecasts, supported by share buybacks that reduced the share count by nearly 1% [10][11] Market Sentiment - Analysts' sentiment is bullish, with six current reports rating the stock as a Moderate Buy, and four of those as an outright Buy [5][6] - The consensus price target is $356.17, indicating a 5% upside, with a high-end target of $400, suggesting potential for new all-time highs [6][9] Institutional Activity - Institutional ownership is strong, with approximately 85% of the stock held by institutions, which have been buying more than selling at a rate of over 2-to-1 in Q1 and Q2 [7][8] - In Q3, buying activity continued robustly, with nearly $500 million in purchases and virtually no selling in the first two weeks of July [8] Balance Sheet Strength - Snap-On's balance sheet shows significant improvements, with increases in cash, receivables, inventories, and total assets, alongside reduced liabilities [12][13] - The company maintains a low leverage ratio, with net cash and debt approximately 0.2 times equity, supporting its capital return outlook [13]
Residential Pros Feel Confident in the Outlook for New Jobs, With Most Homeowners Expecting to Maintain Their Project Plans in 2025, According to Newly Released Data From STANLEY®
Prnewswire· 2025-07-08 12:06
Core Insights - The STANLEY® Pro's Perspective: Job Satisfaction Report indicates a positive outlook among residential professionals for 2025, despite challenges such as rising material costs and labor shortages [2][3][4] Industry Overview - A survey of 500 small repair and remodeling company owners and managers in the U.S. reveals that 89% feel confident about new job opportunities in 2025, with 69% reporting that clients are increasing project sizes [2][4][10] - The survey highlights that 93% of residential pros' clients are interested in high-end design projects, with top priorities including blending painted and finished wood surfaces (44%) and painted wood cabinetry in bold colors (39%) [7][10] Project Priorities - The most prioritized projects for clients in 2025 are kitchen and bathroom remodels, with 81% focusing on kitchen renovations and 79% on bathroom updates [8][10] - Other significant areas of focus include basements (64%) and living rooms (48%) [9][10] Job Satisfaction - A high level of job satisfaction is reported, with 85% of residential pros expressing fulfillment in their work and 82% feeling that financial benefits justify their efforts [13][14] - The survey indicates that 64% of clients show appreciation through referrals, and 81% of pros believe their autonomy is crucial for job satisfaction [11][14] Economic Context - Despite concerns regarding material (36%) and labor costs (30%), the overall sentiment remains optimistic among residential professionals [5][10]
Stanley Black & Decker Announces Release Date for Second Quarter 2025 Earnings
Prnewswire· 2025-06-20 14:00
Core Viewpoint - Stanley Black & Decker will host its second quarter 2025 earnings webcast on July 29, 2025, at 8:00 AM ET, with a news release detailing financial results to be distributed prior to market opening on the same day [1][2]. Company Overview - Stanley Black & Decker, founded in 1843 and headquartered in the USA, is a global leader in tools and outdoor products, employing approximately 48,000 individuals worldwide [3]. - The company produces a range of innovative products including power tools, hand tools, storage solutions, digital jobsite solutions, outdoor products, and engineered fasteners, catering to builders, tradespeople, and DIY enthusiasts [3]. - Its portfolio includes well-known brands such as DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet® [3].
DEWALT Awards Scholarships to Fund Trade Education
Prnewswire· 2025-05-28 13:00
Core Insights - DEWALT is committed to supporting the trades through its Grow the Trades initiative, which includes a $30 million investment over five years to address the skilled labor gap in the U.S. [2] - The initiative has already awarded nearly $20 million in scholarships, grants, tools, and resources for trades training [2] Group 1: Scholarship Recipients - The 2025-2026 scholarship recipients are pursuing 12 different trade careers, including electrical, carpentry, construction, HVAC, and welding, and they reside in 24 states and three provinces in Canada [1] - Robert Mendez, an aspiring diesel technician, left a corporate career to contribute to industries that impact everyday lives [3] - Gretta Vieths transitioned from desk jobs to electrical construction and maintenance, feeling empowered and optimistic about her future in the trades [4] - Julian Simmons is studying HVAC and Refrigeration while working part-time as an HVAC technician, aiming for a leadership role and eventual business ownership [5] - Haley Debum is studying automotive technology and emphasizes the importance of skilled trades while breaking gender stereotypes [6] Group 2: Company Background - DEWALT, a brand under Stanley Black & Decker, has been a leader in jobsite solutions for over 100 years, focusing on safety and productivity [7] - Stanley Black & Decker, founded in 1843, operates globally with approximately 48,000 employees and a portfolio of trusted brands, including DEWALT, CRAFTSMAN, and STANLEY [8]
DEWALT® Sets New Benchmark in its Cordless Cut Capacity with Release of the 20V MAX* XR® 12-In. Double Bevel Sliding Miter Saw
Prnewswire· 2025-04-15 13:15
Core Insights - DEWALT is focused on engineering products that enhance professional carpentry workflows, emphasizing precision and performance throughout the process [1] Product Launches - DEWALT introduced the 20V MAX* XR® 10-In. Double Bevel Fixed Miter Saw, which is the most powerful compact miter saw in its category, capable of making up to 434 cuts in 3 ¼-In. MDF Base Molding and capturing up to 97% of dust during use [4][6] - The 20V MAX* XR® 12-In. Double Bevel Sliding Miter Saw features the largest cut capacity in DEWALT's 20V Max* cordless miter saw lineup, capable of making up to 371 cuts in 3 ¼-In. MDF Base Molding and 153 cuts in pressure treated 4-In. X 4-In. timber [4][6] - New drill models include the 20V MAX* XR® Brushless Cordless 1/2-In. Drill/Driver and Hammer Drill, both equipped with the DEWALT ANTI-ROTATION System for enhanced safety [4] - DEWALT also launched a range of laser distance measurers with a range of 200-Ft and accuracy of ±1/16-In. at 32-Ft, available in lithium-ion and alkaline models [4] Availability - The new miter saws and drill models will be available in May, while the laser distance measurers will be available in June and September [4]
Red Zone Ready: CRAFTSMAN Reveals DIYers' Winning Playbook to Tackle Home Improvement Projects This Season
Prnewswire· 2025-04-10 12:00
Core Insights - CRAFTSMAN, a brand under Stanley Black & Decker, released a survey revealing how DIYers prepare for home improvement projects, likening the process to a football draft where teamwork and the right tools are essential [2][3] Group 1: Survey Findings - The survey indicates that more than half of DIYers consider the powered cordless screwdriver as their top tool choice, highlighting its versatility [5][7] - Spouses are the most preferred project partners, with 30% of respondents selecting them as their first overall pick, followed by best friends at 23% [6][5] - Rock music is the leading genre for DIYers to get motivated, chosen by 22% of respondents, followed by hip-hop/rap at 17% and country at 16% [4][12] Group 2: Tool Preferences - The powered cordless screwdriver is viewed as a dual-threat tool, capable of handling various tasks with precision [7] - The circular saw is recognized for its powerful cutting ability, akin to a running back breaking through defenses [7] - The hammer drill is noted for its effectiveness in penetrating tough materials like concrete and brick, serving as a hard-hitting specialist in the DIY toolkit [7] Group 3: Survey Methodology - The survey was conducted by Atomik Research, involving 1,006 adults across the United States, ensuring a representative sample based on demographic variables [9]