Stanley Black & Decker (SWK) results mixed as revenue impacted by lower consumer and DIY volume
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Stanley Black & Decker Reports 1Q 2023 Results
May 4, 2023 6:00 AM EDTGlobal Cost Reduction Program Delivered $230 Million of Pre-Tax Run-Rate Savings in First Quarter 2023; On-Track for Expected $1 Billion Annualized Savings by End of 2023
Gross Margin Improved Versus Fourth Quarter 2022 Expected Trough
Strong Progress on Inventory Reduction, With $200 Million Improvement in the First Quarter; Approximately $1 Billion Inventory Reduction Since Mid-2022
NEW BRITAIN, Conn., May 4, 2023 /PRNewswire/ --... More
Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Stanley, TAL, and Marathon and Encourages Investors to Contact the Firm
May 3, 2023 9:30 PM EDTNEW YORK, May 03, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Stanley Black & Decker, Inc. (NYSE: SWK), TAL Education Group (NYSE: TAL), and Marathon Digital Holdings, Inc. (NASDAQ: MARA). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.
Stanley Black & Decker, Inc. (NYSE:... More
