NEW BRITAIN, Conn. — Stanley Black & Decker’s earnings grew for the quarter, with high construction demand tempering a volatile greenback, the Wall Street Journal reports. Cost-cutting measures and a gradual U.S. housing recovery contributed to the tool manufacturer’s profit of $162.3 million, an increase from $161.9 million a year earlier. Sales ticked up from $2.62 billion to $2.63 billion, defying expectations of a slight drop.
Stanley Black & Decker posts Q1 gains
Most Recent
Most Read
Hardlines Conference goes west in 2023
Thu, June 30th, 2022
Spectrum Brands sales team sees transitions
Thu, June 30th, 2022
Napoleon CFO promoted to president
Thu, June 30th, 2022
Quebec hardware stores spared inventory glut
Thu, June 30th, 2022
TIMBER MART welcomes B.C. member
Wed, June 29th, 2022
Experts forecast summer drop in lumber prices
Wed, June 29th, 2022
Inflation, housing prices squeeze renovations
Tue, June 28th, 2022
spoga+gafa attendance rebounds
Tue, June 28th, 2022
Featured Classified: Kidde Canada
Tue, June 28th, 2022
Intertape Polymer cleared to go private
Mon, June 27th, 2022