Stanley Black's Q4 Earnings Beat Estimates, Sales Down Y/Y

Stanley Black & Decker, Inc. (SWK) reported fourth-quarter 2024 adjusted earnings of $1.49 per share, which beat the Zacks Consensus Estimate of$1.28. The bottom line increased 62% year over year.Stanley Black’s net sales of $3.72 billion beat the consensus estimate of$3.57 billion. The top line declined 0.4% year over year due to weakness in the Industrial segment.For 2024, SWK reported net revenues of $15.37 billion, which decreased 2.6% year over year. For the year, the company’s adjusted earnings were ...