Stanley Black & Decker on Tuesday morning delivered solid quarterly results — enhanced by strong cash flow performance, allowing management to raise its full-year guidance. The stock continued its recent rally. Revenue fell 3% year over year to $4.024 billion in the second quarter, edging out the $4.016 billion expected by analysts, according to estimates compiled by LSEG. Organically, sales were up 1% year-over-year. Adjusted earnings per share came in at $1.
The New York Stock Exchange welcomes DEWALT , on May 14, 2024, in celebration of its 100th anniversary of founding. To honor the occasion, Donald Allan, Jr., President & CEO of Stanley Black & Decker, joined by Chris Taylor, NYSE Global Head of Advisory, rings the Opening Bell®.on Tuesday morning delivered solid quarterly results — enhanced by strong cash flow performance, allowing management to raise its full-year guidance. The stock continued its recent rally.