Welcome to our dedicated page for Stanley Black news (Ticker: SWK), a resource for investors and traders seeking the latest updates and insights on Stanley Black stock.
Stanley Black & Decker (NYSE: SWK) provides essential tools and solutions across 180+ countries through iconic brands like DEWALT and CRAFTSMAN. This news hub offers investors and professionals direct access to verified corporate developments.
Track material updates including product innovations in power tools, financial earnings reports, and strategic partnerships. Our repository consolidates official announcements about manufacturing advancements, operational milestones, and leadership changes.
All content is curated to meet investor needs for decision-making clarity, with permanent access to SWK's regulatory filings, sustainability initiatives, and market expansion updates. Bookmark this page for efficient monitoring of the company's evolving position in global industrial markets.
On June 22, 2022, Don Allan, President and CFO of Stanley Black & Decker (NYSE:SWK), will testify before the Senate Finance Committee regarding manufacturing and supply chain resiliency. Allan emphasizes the necessity of a strategic U.S. trade agenda to foster economic recovery post-COVID, advocating for job creation and reconsideration of the Section 301 tariff regime on Chinese imports critical for U.S. manufacturing. Over the past decade, the company has focused on U.S.-based operations, contributing to local economies and increasing job opportunities.
On June 17, 2021, Stanley Black & Decker (NYSE: SWK) announced that it will recognize Juneteenth as a company holiday for all U.S. employees starting in 2022. This decision aligns with the recent federal recognition of June 19 as Juneteenth National Independence Day, marking the end of slavery in the United States. CEO Jim Loree emphasized the move as part of the company’s commitment to diversity and inclusion, supporting Black employees and communities. Additionally, the company will observe a 'Day of Hope & Healing' on June 18, 2021, to honor victims of racial violence.
On June 2, 2021, Stanley Black & Decker (NYSE: SWK) announced a virtual presentation by CEO Jim Loree at the UBS Global Industrials & Transportation Conference on June 9, 2021, at 10:00 AM ET. The webcast will be accessible in the 'Investors' section of the company's website, where a replay will be available for 30 days. As an S&P 500 company with $14.5 billion in revenue and 53,000 employees globally, Stanley Black & Decker leads in tools, security solutions, and engineered fastening.
Stanley Black & Decker (NYSE: SWK) CEO Jim Loree will participate in a virtual panel at the World Economic Forum on June 2, 2021, from 12:00-12:45pm EST. The panel will discuss workforce development and job creation in the aftermath of COVID-19, moderated by Bloomberg’s Francine Lacqua. Loree aims to highlight the importance of a skilled workforce for economic growth and to advocate for inclusive workforce strategies. The Jobs Reset Summit is a two-day event aimed at fostering inclusive economic recovery.
Stanley Black & Decker (NYSE: SWK) will host a virtual presentation by President & CFO Don Allan at the Wolfe Research Global Transportation & Industrials Conference on May 25, 2021, at 2:25 PM ET. The presentation will be accessible via a live webcast on their website, with a replay available for 30 days. Stanley Black & Decker is a leading global diversified industrial company with a market capitalization of $14.5 billion and employs over 53,000 people worldwide, operating in tools, storage, electronic security, and engineered solutions sectors.
Stanley Black & Decker has been named to the 100 Best Corporate Citizens ranking for the second consecutive year, ranking #69 overall and #8 in the Capital Goods industry. This recognition reflects the company's commitment to environmental, social, and governance (ESG) practices. The ranking assesses companies based on 146 factors across eight pillars, with Stanley Black & Decker excelling particularly in ESG performance, climate change, and environmental initiatives. Looking ahead, the company aims to empower 10 million creators and be carbon positive by 2030.
Stanley Black & Decker (NYSE: SWK) hosted a virtual growth summit on May 13, 2021, focusing on growth catalysts and margin resilience initiatives. CEO James M. Loree emphasized the company's focus on performance, innovation, and social responsibility. Key points included opportunities in home and garden markets, eCommerce growth, and a margin resiliency initiative projected to save $300 - $500 million over three years. The company reaffirmed its 2021 EPS guidance of $10.15 - $10.55 (GAAP) and $10.70 - $11.00 (adjusted).
Stanley Black & Decker (NYSE: SWK) will host its Virtual Growth Summit on May 13, 2021. The event will feature presentations and a Q&A session with senior management, starting at 9:00 AM ET and ending around 12:00 PM ET. Registration is available on the company’s website. This S&P 500 company, with a market value of $14.5 billion, is a global leader in tools and storage and operates in over 60 countries.
Stanley Black & Decker (NYSE: SWK) invites the public to a webcast featuring CEO Jim Loree at the Wells Fargo 2021 Virtual Industrials Conference on May 6, 2021, at 10:00 AM ET. The event will be accessible in the 'Investors' section of the company's website and will offer a replay available for 30 days.
Stanley Black & Decker is a diverse global supplier of tools, security solutions, and more, recognized as an S&P 500 company.
Stanley Black & Decker (NYSE: SWK) announced the redemption of its Series C Cumulative Perpetual Convertible Preferred Stock, effective June 3, 2021. The redemption price is set at $1,002.50 per share, which includes the $1,000 liquidation preference and accrued dividends. Shareholders can convert their shares before June 2, 2021, with a combination settlement option. Following the redemption, dividends will cease on the shares called for redemption. Stanley Black & Decker, a leader in the tools and storage market, has a market capitalization of $14.5 billion.
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