Stanley Black & Decker (SWK) Tops Q2 EPS by 10c; Boosts FY15 EPS Outlook
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Stanley Black & Decker Reports 2Q 2015 Results
July 30, 2015 6:00 AM EDTNEW BRITAIN, Conn., July 30, 2015 /PRNewswire/ --Â Stanley Black & Decker (NYSE: SWK) today announced second quarter 2015 financial results.
2Q'15 Revenues Totaled $2.9 Billion, Flat To Prior Year, As Robust Organic Growth Of 8% Was Offset By An 8% Currency Impact 2Q'15 Operating Margin Rate Expanded 70 Basis Points To A Post-Merger Record 14.4% Despite $50 Million Of Currency Headwinds 2Q'15 Diluted GAAP EPS Was $1.54 Up 11% From 2Q'14 On Strong Operational Performance Raising 2015 Full Year GAAP EPS Guidance Range To $5.70 To $5.90 From $5.65 To $5.85, Up 6% To 10% Versus 2014, Despite $1.00 To $1.10 Per... More