Stanley Black & Decker (SWK) Tops Q2 EPS by 23c, Offers FY Guidance

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Stanley Black & Decker Reports Record 2Q 2021 Results

July 27, 2021 6:00 AM EDT

NEW BRITAIN, Conn., July 27, 2021 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced second quarter 2021 financial results.

2Q'21 Revenues Totaled $4.3 Billion, Up 37% Versus Prior Year With All Segments Growing Double Digits And Contributing To 33% Organic Growth 2Q'21 Gross Margin Was 35.9%; Excluding Charges, Up 240 Basis Points Versus Prior Year 2Q'21 Operating Margin Was 14.9%; Excluding Charges 2Q'21 Operating Margin Was 15.5%, Up 270 Basis Points Versus Prior Year Driven By Volume, Price, Innovation And Margin Resiliency 2Q'21 Diluted GAAP EPS Was $2.81; Excluding Charges, 2Q'21 Diluted EPS Was $3.08,... More