Stanley Black & Decker (SWK) Tops Q3 EPS by 21c

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Go back to Stanley Black & Decker (SWK) Tops Q3 EPS by 21c

Stanley Black & Decker Reports 3Q 2021 Results

October 28, 2021 6:00 AM EDT

NEW BRITAIN, Conn., Oct. 28, 2021 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced third quarter 2021 financial results.

Record Third Quarter Revenues Of $4.3 Billion, Up 11% Versus Prior Year; All Segments Contributed To 10% Organic Growth*, Led By Continued Strong Tools Demand 3Q'21 Operating Margin Was 11.6%; Excluding Charges 3Q'21 Operating Margin* Was 12.2%, Down Versus Prior Year Reflecting Higher Supply Chain Costs That Accelerated In The Quarter 3Q'21 Diluted GAAP EPS Was $2.56; Excluding Charges, 3Q'21 Diluted EPS* Was $2.77 Revising 2021 Diluted GAAP EPS Guidance Range To $10.20 - $10.45 (From $10.80 - $11.20); Revising Adjusted EPS*... More