Stanley Black & Decker (SWK) Tops Q1 EPS by 40c; Lowers Outlook

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Go back to Stanley Black & Decker (SWK) Tops Q1 EPS by 40c; Lowers Outlook

Stanley Black & Decker Reports 1Q 2022 Results

April 28, 2022 6:00 AM EDT

Total Revenue Growth Up 20% Year-Over-Year Driven By Strategic Outdoor Power Equipment Acquisitions And A Sustained Strong Demand Environment

Gross Margin* Improved Over 200 Basis Points Sequentially Driven By Strong Price Realization

Strategic Divestitures Enable A More Focused Company And $2.3 Billion Return Of Capital To Shareholders

NEW BRITAIN, Conn., April 28, 2022 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced first quarter 2022 financial results.  

The Company's results represent continuing operations and exclude... More