Stanley Black & Decker (SWK) Tops Q2 EPS by 37c

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Go back to Stanley Black & Decker (SWK) Tops Q2 EPS by 37c

Stanley Black & Decker Reports 2Q 2020 Results

July 30, 2020 6:00 AM EDT

NEW BRITAIN, Conn., July 30, 2020 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced second quarter 2020 financial results.

2Q'20 Revenues Totaled $3.1 Billion, Down 16% Versus Prior Year Related To Market-Driven Declines Resulting From COVID-19 Operating Margin Rate Was 8.9%; Excluding Charges, Operating Margin Rate Was 12.8% Down 200 Basis Points Versus Prior Year; Margin Performance Was Aided By Strong Cost Control And Price Realization 2Q'20 Diluted GAAP EPS Was $1.52; Excluding Charges, 2Q'20 Diluted EPS Was $1.60 Quarterly Common Stock Dividend Increased To $0.70 Per Share As Recently Announced... More