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

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Stanley Black & Decker Reports 2Q 2018 Results

July 20, 2018 6:00 AM EDT

NEW BRITAIN, Conn., July 20, 2018 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced second quarter 2018 financial results.

2Q'18 Revenues Totaled $3.6 Billion, Up 11% Versus Prior Year, Headlined By 7% Organic Growth Price Actions In Response To Commodity Inflation And Currency Yielded 1 Point Of Organic Growth 2Q'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 Currency Completed $200 Million Share Repurchase In April 2018 Revising 2018 Full Year... More