Stanley Black & Decker, Inc. (SWK) has seen varied trading patterns over the recent period with stock performance outpacing competitors on some days and underperforming on others. Its Q2 2024 earnings beat estimates but revenue missed targets, causing a slump in the first half of 2024. On the brighter side, the stock soared by 32% in July 2024. The company announced dividends for Q1 and Q3 of 2024. SWK underwent executive transitions with the appointment of Deborah K. Wintner as Chief Human Resources Officer. Investment management firms like British Columbia Investment Management Corp and Ariel Investments LLC have purchased and hold significant shares in the company, indicating market confidence. Strategic Cost Reductions have been pursued to navigate market challenges. However, Stanley Black & Decker also faced a fine for a workplace injury. The company divested its infrastructure business for $760M and recently sold its attachment tools business unit to Epiroc AB.
Stanley Black Decker SWK News Analytics from Fri, 15 Dec 2023 08:00:00 GMT to Sun, 29 Sep 2024 08:42:31 GMT -
Rating 5
- Innovation 6
- Information 7
- Rumor 6
