Profile
Sector:
IndustrialsIndustry:
Tools & AccessoriesCountry:
United StatesIPO:
17 March 1980Next earnings report:
31 January 2025Last dividends:
03 September 2024Next dividends:
29 November 2024Price
pre-market | 31 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
SWK Latest News
The toolmaker's earnings report was disappointing, but understandable given the circumstances.
A decline in both areas is affecting SWK's revenue in the third quarter of 2024.
In the third quarter of 2024, Stanley Black & Decker reported an increase in gross margin compared to the previous year, thanks to ongoing improvements in their supply chain. The company also generated strong cash flow during this period, which will help them prioritize shareholder dividends and reduce debt. The announcement was made on October 29, 2024, in New Britain, Connecticut.
Stanley Black & Decker (SWK) saw its stock price drop significantly after the company reported disappointing results and reduced its forecasts. This was attributed to a decline in consumer demand and a slowdown in the automotive industry.
This Industry Outlook article has featured Stanley Black & Decker and Techtronic Industries.
SWK's results for the third quarter of 2024 are expected to benefit from the strong performance of the Engineered Fastening unit. However, the poor results in the Industrial and Tools & Outdoor segments may have negatively impacted overall performance.
NEW BRITAIN, Conn., Oct. 22, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) has announced today that John L.
NEW BRITAIN, Conn., Oct. 22, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK), a global leader in tools and outdoor products, has announced that its Board of Directors has approved a regular cash dividend of $0.82 per common share for the fourth quarter.
Three well-known outdoor power equipment brands, Hustler®, Cub Cadet®, and DEWALT®, will be featured at booth 5116 during Equip Expo 2024. Attendees can experience hands-on product demonstrations at the Cub Cadet and Hustler booths in the outdoor demo area. The event will take place in Louisville, Kentucky, from October 15 to 18, 2024.
New products in the V20* BRUSHLESS RP™ line include a drill/driver, hammer drill, and impact driver. For a limited time, CRAFTSMAN CLUB® members can receive a free V20* battery when they spend $149 or more on select CRAFTSMAN® items. This announcement was made by Stanley Black & Decker on October 14, 2024, highlighting improvements in runtime and performance.
What type of business is Stanley Black & Decker?
Stanley Black & Decker, Inc. is an American diversified industrial holding company specializing in the production of hand and power tools, accessories, engineering fastening systems, equipment for the oil and gas industry and infrastructure, commercial electronic security and monitoring systems, medical solutions, and mechanical access solutions. The company was founded in 1843. "Tools and Storage" - electric and cordless tools, drills, impact wrenches and drives, grinders, saws, milling and grinding machines, etc. "Industrial" - engineering fasteners and systems. "Security" - commercial electronic security systems, electronic security services, including alarm monitoring, video surveillance, fire alarm monitoring, system integration.
What sector is Stanley Black & Decker in?
Stanley Black & Decker is in the Industrials sector
What industry is Stanley Black & Decker in?
Stanley Black & Decker is in the Tools & Accessories industry
What country is Stanley Black & Decker from?
Stanley Black & Decker is headquartered in United States
When did Stanley Black & Decker go public?
Stanley Black & Decker initial public offering (IPO) was on 17 March 1980
What is Stanley Black & Decker website?
https://www.stanleyblackanddecker.com
Is Stanley Black & Decker in the S&P 500?
Yes, Stanley Black & Decker is included in the S&P 500 index
Is Stanley Black & Decker in the NASDAQ 100?
No, Stanley Black & Decker is not included in the NASDAQ 100 index
Is Stanley Black & Decker in the Dow Jones?
No, Stanley Black & Decker is not included in the Dow Jones index
When was Stanley Black & Decker the previous earnings report?
No data
When does Stanley Black & Decker earnings report?
The next expected earnings date for Stanley Black & Decker is 31 January 2025