Stanley Black Stock Price, News & Analysis

Stanley Black & Decker (NYSE: SWK) has completed the acquisition of 80% of MTD Holdings and Excel Industries for $1.9 billion. This strategic move positions the company as a leader in the $25 billion outdoor power equipment market, with a combined revenue of approximately $4 billion. CEO James M. Loree emphasized the potential for earnings per share (EPS) accretion of $0.50 for 2022, despite some deal-related charges. The company is focused on growth and innovation in the outdoor equipment sector, welcoming 8,100 new associates from the acquired businesses.

Stanley Black & Decker (NYSE: SWK) will host a virtual presentation at the Deutsche Bank Virtual Industrials Conference on November 16, 2021, at 1:30 PM ET, featuring President and CFO Don Allan. Investors can access the live webcast via the company's Investors section on their website. A replay will be available for 30 days. Headquartered in New Britain, Connecticut, Stanley Black & Decker is a leading global industrial company with a market value of $14.5 billion and operates under iconic brands like DEWALT and STANLEY.

Stanley Black & Decker (NYSE: SWK) will host a virtual presentation led by President and CFO Don Allan at the Baird 2021 Global Industrial Conference on November 10, 2021, at 3:45 PM ET. The presentation will be available live on their website, with a replay for 30 days. The company, an S&P 500 leader, operates globally with $14.5 billion in revenue and employs 56,000 people across more than 60 countries, being a powerhouse in tools, electronic security, and engineered solutions.

Stanley Black & Decker (NYSE: SWK) reported $4.3 billion in Q3 2021 revenues, marking an 11% increase year-over-year, driven by strong tools demand and organic growth of 10%. Operating margin decreased to 11.6%, and diluted GAAP EPS was $2.56, with guidance revised down for 2021 EPS to $10.20 - $10.45. Despite challenges from supply chain costs and inflation, the company announced innovative product launches, including the DEWALT POWERSTACK™ battery. Acquisitions are expected to enhance growth potential, with a focus on shareholder value and margin resilience.

Stanley Black & Decker (NYSE: SWK) has announced a regular fourth quarter cash dividend of $0.79 per common share, reinforcing its record as the leader in consecutive annual and quarterly dividend payments in the industrial sector. This dividend will be payable on December 21, 2021, to shareholders recorded by the close of business on December 1, 2021.

Stanley Black & Decker is a major global industrial player, boasting $14.5 billion in revenue and employing 56,000 individuals worldwide.

Stanley Black & Decker (SWK) and Eastman (EMN) have announced a partnership to enhance sustainability in the power tools sector. The BLACK+DECKER brand will launch the reviva line in early 2022, featuring power tools made with Eastman's Tritan Renew copolyester, which contains 50% certified recycled content. This initiative supports both companies' ESG strategies aimed at reducing greenhouse gas emissions and promoting circularity in materials. The reviva line will also focus on eco-friendly packaging and battery recycling programs.

DEWALT, a Stanley Black & Decker brand, announced the launch of the DEWALT POWERSTACK™ 20V MAX* Compact Battery, marking a significant advancement in cordless power tools. This battery features a revolutionary pouch cell design, delivering 50% more power, 25% more compact size, and 15% lighter weight compared to previous models. It also boasts twice the lifespan, enhancing investment value. The product rollout begins in December 2021 across North America and will extend globally through spring 2022.