SWK / Tools & Outdoor Weakness Hurt Stanley Black's (SWK) Sales in Q3

Weakness in the Tools & Outdoor unit due to lower consumer outdoor and DIY market demand weighs on Stanley Black's (SWK) top line in Q3. However, lowe more_horizontal

Stanley Black & Decker (NYSE:SWK) (SBD) shares rose after the industrial equipment provider's third quarter earnings topped estimates. The company's e more_horizontal

While the top- and bottom-line numbers for Stanley Black & Decker (SWK) give a sense of how the business performed in the quarter ended September 2023 more_horizontal

Stanley Black & Decker (SWK) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compar more_horizontal

Stanley Black's (SWK) Q3 results are likely to be hurt by lower volumes. However, cost-control measures are expected to drive earnings. more_horizontal

SWK's premium valuations do not match the consensus estimates, attributed to the underwhelming top and bottom line projections through FY2025. Combine more_horizontal

NEW BRITAIN, Conn. , Sept. 19, 2023 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) will broadcast its third quarter 2023 earnings conference cal more_horizontal

Stanley Black's (SWK) efforts to eliminate and reduce overlapping capabilities and functions bode well for the company. Its shareholder-friendly measu more_horizontal