Stanley Black's Q3 Earnings Beat Estimates, Revenues Down Y/Y

Stanley Black & Decker, Inc. (SWK) reported third-quarter 2024 adjusted earnings of $1.22 per share, which beat the Zacks Consensus Estimate of$1.03. The bottom line increased 16.2% year over year. Stanley Black's net sales of $3.75 billion missed the consensus estimate of$3.78 billion. The top line declined 5.1% year over year due to weakness in both segments. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Segmental Discussion Revenues from SWK's primary segment, Tools & Outdoo ...