Stanley Black & Decker (SWK) Tops Q2 EPS by 5c, Lifts Outlook

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Stanley Black & Decker Reports 2Q 2017 Results

July 24, 2017 6:00 AM EDT

NEW BRITAIN, Conn., July 24, 2017 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced second quarter 2017 financial results.

2Q'17 Revenues Totaled $3.2 Billion, Up 10% Versus Prior Year, With Strong Organic Growth Of 7% 2Q'17 Operating Margin Rate Was 14.7%; Excluding M&A Related Charges, Operating Margin Rate Was 15.7% 2Q'17 Diluted GAAP EPS Was $1.82; Excluding M&A Related Charges, 2Q'17 Diluted EPS Was $2.01, Up 9% Versus Prior Year, Reflecting Strong Operational Performance Raising 2017 Full Year Diluted GAAP EPS Guidance Range To $8.05 To $8.25 (From $7.95 To $8.15); Raising Adjusted EPS Guidance Range To... More