Stanley Black & Decker (SWK) Tops Q4 EPS by 3c; Guides In-Line
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Stanley Black & Decker Reports Full Year And 4Q 2016 Results
January 26, 2017 6:00 AM ESTNEW BRITAIN, Conn., Jan. 26, 2017 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced full year and fourth quarter 2016 financial results.
Full Year Revenues Totaled $11.4 Billion, Up 2% Versus Prior Year, As 4% Organic Growth Was Partially Offset By 2% Currency Impact Full Year Diluted GAAP EPS Was $6.51, Up 10% From 2015 As Strong Operational Performance More Than Offset Approximately $155 Million Of Currency Headwinds 2016 Free Cash Flow Of $1.1 Billion And Free Cash Flow Conversion Of 118%; Working Capital Turns Improved To 10.6x, Up 1.4 Turns 4Q'16 Revenues Up 3% Versus Prior Year,... More