Stanley Black Stock Price, News & Analysis

Stanley Black & Decker (NYSE: SWK) appointed Patrick Hallinan as the new Executive Vice President and Chief Financial Officer, effective April 6. He succeeds interim CFO Corbin Walburger, who will return to his previous position as Vice President of Business Development. Hallinan previously served as CFO at Fortune Brands Innovations and brings extensive experience in finance and leadership from various roles in top consumer brands. CEO Donald Allan Jr. expressed confidence in Hallinan's ability to drive growth and efficiency during a significant transformation of the company.

Stanley Black & Decker (NYSE: SWK) announced the date for its fourth quarter and full year 2022 earnings webcast, set for February 2, 2023, at 8:00 AM ET. A detailed news release with financial results will be available before market opening on the same day. Investors can access the presentation and listen to the call through the company's website. Stanley Black & Decker is recognized as the world's largest tool company, producing innovative products under several iconic brands including DEWALT and CRAFTSMAN, and is committed to environmental, social, and governance initiatives.

Stanley Black & Decker (NYSE: SWK) will present at the Credit Suisse 10th Annual Global Industrials Conference on December 1, 2022, at 2:00 PM ET. The presentation will be led by Corbin Walburger, Vice President and Interim CFO. Interested parties can access the live webcast through the company's 'Investors' section on their website. A replay of the event will be available for 30 days. Stanley Black & Decker is recognized as a leader in the tool manufacturing industry with prestigious brands like DEWALT, BLACK+DECKER, and CRAFTSMAN.

Stanley Black & Decker (NYSE: SWK) announced the redemption of all its outstanding Series D Cumulative Perpetual Convertible Preferred Stock on December 22, 2022, at a price of $1,007.71 per share. Holders can convert their shares until December 21, 2022. The settlement rate for stock purchase contracts from corporate units issued in November 2019 is set at 0.6298 shares of common stock per contract. The company emphasizes its commitment to serve the maker community while adhering to strong ESG principles.

DEWALT, a brand under Stanley Black & Decker (NYSE: SWK), has launched the POWERSTACK™ 20V MAX* 5Ah Battery, boasting 50% more power, 50% more work per charge, and double the lifespan compared to previous models. This revolutionary battery utilizes pouch cell technology, enhancing efficiency for professional construction applications. Launched after the initial introduction in October 2021, the new battery is set to be available in December across North America. DEWALT continues its legacy of innovation in power tools.

On November 8, 2022, Stanley Black & Decker (NYSE: SWK) announced a virtual presentation by CEO Don Allan at Deutsche Bank's 2022 Industrials Conference scheduled for November 15, 2022, at 10:00 AM ET. Investors can access the live webcast in the 'Investors' section of the company's website, with a replay available for 30 days. The company is a leading global tool manufacturer, known for iconic brands like DEWALT® and BLACK+DECKER®. Stanley Black & Decker emphasizes its commitment to environmental, social, and governance (ESG) principles, aiming to be a positive force in the community.

Stanley Black & Decker (NYSE: SWK) will host a live webcast on November 9, 2022, at 9:30 AM ET, featuring a presentation by President and CEO Don Allan during the Baird 2022 Industrial Conference in Chicago, IL. The webcast can be accessed via the Investors section of their website, with a replay available for 30 days. As a leading global tool company, Stanley Black & Decker employs around 60,000 people and is known for its innovative brands like DEWALT and BLACK+DECKER.