Stanley Black & Decker (SWK) Tops Q1 EPS by 12c
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Stanley Black & Decker Reports 1Q 2015 Results
April 23, 2015 6:00 AM EDTNEW BRITAIN, Conn., April 23, 2015 /PRNewswire/ --Â Stanley Black & Decker (NYSE: SWK) today announced first quarter 2015 financial results.
1Q'15 Revenues Increased 1% To $2.6 Billion; Robust Organic Growth Of 8% Mostly Offset By 7% Currency Impact 1Q'15 Operating Margin Expanded 120 Basis Points To 13.3% Despite $50 Million Of Currency Headwinds 1Q'15 Diluted GAAP EPS Was $1.07 Consistent With 1Q'14 As Strong Operational Performance Was Offset By Higher Planned Restructuring Charges And A Higher Tax Rate Executed Actions That Reduced Share Count By Approximately 8 Million Shares During The Quarter Reiterating 2015 Full Year... More