Stanley Black & Decker (SWK) Raises Quarterly Dividend 4.8% to $0.66; 1.9% Yield

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Stanley Black & Decker (SWK) Tops Q2 EPS by 53c, Beats on Revenues; Offers FY18 EPS Mid-Point Outlook Above Consensus

July 20, 2018 6:03 AM EDT

Stanley Black & Decker (NYSE: SWK) reported Q2 EPS of $2.57, $0.53 better than the analyst estimate of $2.04. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.5 billion.

2Q'18 Revenues Totaled $3.6 Billion, Up 11% Versus Prior Year, Headlined By 7% Organic GrowthPrice Actions In Response To Commodity Inflation And Currency Yielded 1 Point Of Organic Growth2Q'18 Diluted GAAP EPS Was $1.93; Excluding Charges, 2Q'18 Diluted EPS Was $2.57, As Price, Lower Expenses And Volume Leverage More Than Offset The Dilutive Earnings Impact Of Commodity Inflation And CurrencyCompleted $200 Million Share... More

Stanley Black & Decker (SWK) Announces Election of Dmitri L. Stockton to Board

July 18, 2018 5:53 AM EDT

Stanley Black & Decker (NYSE: SWK) has elected Dmitri L. Stockton, 54, former Chairman, President and Chief Executive Officer of GE Asset Management to the company's Board of Directors.

"Dmitri is an excellent addition to our Board, bringing an impressive set of experiences managing and leading... More