Stanley Black & Decker (SWK) Tops Q3 EPS by 4c; Offers FY22 EPS Guidance

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Stanley Black & Decker Reports 3Q 2022 Results

October 27, 2022 6:00 AM EDT

Third Quarter Revenues of $4.1 Billion, Up 9% Versus Prior Year, Led By Acquisitions in Outdoor Power Equipment, Strong Industrial Growth and Price Realization

Global Cost Reduction Program On-Track For Long-Term Targets and Delivers $65 Million Pre-Tax Savings in the Third Quarter with a $290 Million Inventory Reduction

Advanced Initiatives to Focus and Simplify Company and Transform Supply Chain

NEW BRITAIN, Conn., Oct. 27, 2022 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced third quarter 2022... More