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Stanley Black & Decker, Inc. (NYSE: SWK) generates a steady flow of news as a global Tools and Outdoor manufacturer with a portfolio of brands such as DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER and Cub Cadet. Founded in 1843 and headquartered in the USA, the company operates manufacturing facilities worldwide and serves builders, tradespeople and DIY users with power tools, hand tools, storage, outdoor products, digital jobsite solutions and engineered fasteners.
News coverage for SWK commonly includes quarterly earnings announcements, where the company discusses segment performance in Tools and Outdoor and Engineered Fastening, margin trends, cash flow and progress on cost reduction and supply chain transformation programs. Investors also see updates on portfolio actions, such as the agreement to sell its Consolidated Aerospace Manufacturing (CAM) business to Howmet Aerospace, which reflects the company’s approach to active portfolio management and debt reduction.
Another category of news involves product and brand developments. As a Stanley Black & Decker brand, DEWALT issues announcements on new jobsite tools and systems, including concrete solutions and cordless equipment showcased at industry trade shows. These updates illustrate how the company introduces new tools and technologies for demanding professional applications.
Corporate governance and leadership items also appear in the news stream, including board appointments, changes in executive roles and the appointment of leaders for areas such as global supply chain. In addition, SWK issues releases on dividends, investor conference presentations and upcoming earnings webcasts, providing context for shareholders and analysts.
This news page aggregates these items in one place, allowing readers to review financial updates, strategic transactions, product launches and corporate announcements related to Stanley Black & Decker over time.
Mechanicsburg, Pennsylvania is celebrating Raymond DeWalt Day on October 9 to honor their hometown hero and the 100th anniversary of DEWALT, a Stanley Black & Decker brand. The event coincides with what would have been Raymond DeWalt's 139th birthday.
Raymond DeWalt revolutionized the construction industry with his innovative woodworking machine, an adjustable radial arm saw known as the 'DeWalt Wonder-Worker'. Mayor Jack Ritter, in partnership with DEWALT, has proclaimed October 9 as 'Raymond DeWalt Day'.
To honor DeWalt's legacy of supporting the trades, DEWALT is donating tools to Cumberland-Perry Area Vocational Technical School and Mechanicsburg High School. This celebration is part of a series of events commemorating the brand's centennial anniversary.
CRAFTSMAN®, a Stanley Black & Decker brand, offers tips and gear recommendations for tailgating season. With 20 to 50 million people tailgating annually, CRAFTSMAN provides cordless solutions and equipment for outdoor gatherings. Key products include:
1. V20* Speaker (CMCR001B) for high-quality sound
2. V20* High Pressure Inflator (CMCE521B) or 3-in-1 Inflator (CMXPTXA2001) for inflation tasks
3. V20* Misting Fan Kit (CMCE003C1) for cooling
4. V20* USB Power Source or Power Inverter (CMCB002B, CMCB1150B) for device charging
5. 2" X 27' Ratchet Straps (CMXAZBS10000F) for securing gear
CRAFTSMAN emphasizes proper planning and having the right equipment for successful tailgating experiences.
Hustler, a Stanley Black & Decker (NYSE: SWK) brand, is celebrating its 60th anniversary as a pioneer in the lawncare industry. The brand revolutionized the sector by introducing the world's first twin-lever zero-turn lawn mower in 1964. Inventor John Regier created this innovative mower, naming it after the U.S. Air Force B-58 Hustler fighter-bomber due to its speed, agility, and efficiency.
Excel Industries began production of the Hustler mower in 1964, and the brand has since expanded its product line with reliable equipment for landscape professionals. Now under Stanley Black & Decker, Hustler offers a full range of commercial and residential mowers, including the award-winning X-RIDE™.
To commemorate this milestone, Hustler will be present at this year's Equip Expo in Louisville, Kentucky from October 15-18. Attendees can visit Hustler's indoor and outdoor booths, and enter the Hustler Mentality trailer giveaway for a chance to win a utility trailer with two Hustler units.
DEWALT, a Stanley Black & Decker brand (NYSE: SWK), is celebrating its 100th anniversary by inviting 100 tradespeople and those who serve the trades to the New York Giants game on October 20, 2024, at MetLife Stadium. As the Presenting Sponsor, DEWALT will honor these professionals for their contributions in building our world. The event is part of DEWALT's Grow the Trades initiative and will feature an on-field check presentation to support vocational and upskilling programs in the trades.
Stanley Black & Decker CEO Don Allan and invited guests will join Giants captains for the opening coin toss. The New York Giants are also celebrating their 100th season in 2024, marking a milestone for both organizations. DEWALT has been delivering tools to meet the needs of professional tradespeople worldwide since 1924.
Stanley Black & Decker (NYSE: SWK) has announced the release date for its third quarter 2024 earnings. The company will broadcast its earnings webcast on Tuesday, October 29, 2024, at 8:00AM ET. A news release detailing the financial results will be distributed before the market opens on the same day.
Investors can access a slide presentation accompanying the call on the company's website, which will remain available after the event. The earnings call will be accessible through a live, listen-only webcast or teleconference. Links to access the webcast, register for the teleconference, and view the presentation will be available on the "Investors" section of Stanley Black & Decker's website. A replay of the call will be made available two hours after its conclusion.
DEWALT, a Stanley Black & Decker brand, announced it is awarding 166 organizations with nearly $4 million in Grow the Trades Grants. This is part of DEWALT's $30 million commitment by 2027 to close the skilled trades gap. The grants support organizations providing certifications and credentials to skill tradespeople, helping 150,000 people on their trades journey.
Key recipients include:
- The ACE Mentor Program of America
- mikeroweWORKS Foundation
- The International Training Institute
Additionally, DEWALT is encouraging high school seniors to apply for the 2025 DEWALT Trades Scholarship, which will begin accepting applications in October. The scholarship program, now in its sixth year, has awarded $850,000 in scholarships across the United States and Canada.
CRAFTSMAN®, a Stanley Black & Decker brand, announces the Ultimate Garage Giveaway running through November 1, 2024. Participants can win $10,000 worth of CRAFTSMAN products and a Toyota Tacoma TRD Off-Road truck. The winner will receive a garage consultation with HGTV star Cristy Lee. CRAFTSMAN has also launched a virtual garage configurator to help homeowners plan their dream garage.
The giveaway aims to address the issue of garage clutter, as a CRAFTSMAN survey revealed that 36% of Americans can't park vehicles in their garage due to clutter, while 75% believe their garage could be the most productive space in their house. The brand offers various storage solutions, including tool chests, cabinets, and the VERSATRACK™ wall storage system.
DEWALT, a Stanley Black & Decker (NYSE: SWK) brand, has unveiled a range of new hand tools and accessories designed to enhance productivity for trade professionals. Key innovations include:
1. The 20V MAX* GRABO Lifter with a lift-load capacity of up to 265 lbs. horizontally and 132 lbs. vertically.
2. Expansion of the IMPACT CONNECT™ System with new attachments for pipe cutting, nut running, and PEX crimping/pinching.
3. New TOUGHSERIES™ mechanics tool sets and wrench sets featuring powerjaw technology and 144-tooth count quick release ratchets.
4. Introduction of new utility knives and laser measurement tools.
These products are designed to optimize workflow and productivity across various trades, including mechanical, electrical, plumbing, and automotive.
DEWALT and WorldSkills International conducted a global survey of young trade professionals competing at WorldSkills Competition 2024. Key findings include:
- 44% say social media inspired their career choice
- 75% plan to use social media to promote skilled careers
- 42% cite social stigma as a barrier to entering trades
- 35% mention lack of parental support as an obstacle
To inspire the next generation, DEWALT encourages tradespeople to promote their trade on social media using #TradeProud. The survey highlights the need for innovative approaches to present skilled career options and challenge outdated perceptions. DEWALT's Grow the Trades program commits $30 million over five years to address the skilled trades gap in the US, Mexico, and Europe.
White Cap and DEWALT have announced their second annual partnership to support St. Jude Children's Research Hospital. The collaboration includes a special dedication on the #20 DEWALT car at the Bristol Motor Speedway on September 21, 2024, honoring a $175,000 donation from DEWALT to St. Jude. Additionally, DEWALT will donate another $25,000 through the purchase of select products at participating White Cap branches.
The partnership aims to raise awareness for childhood cancer research during Childhood Cancer Awareness Month. The #20 racecar, driven by Christopher Bell, will feature artwork by St. Jude patients. The total donation has doubled since last year, supporting St. Jude's mission to improve childhood cancer survival rates globally.