Disclaimer
NovusValue.com is not a broker or dealer, and none of its content represents recommendations to buy or sell securities. Information provided on the site is not intended as investment advice. Novus Value is not liable for damages from using its content, including investment losses. Past performance does not indicate future results, and information is not guaranteed for accuracy or completeness.1-Line Summary
A global leader in tools and engineered fastening solutions, Stanley Black & Decker specializes in innovative outdoor and power products.
Stanley Black & Decker, Inc. is a leading global provider of tools, outdoor products, and engineered fastening solutions, with a strong revenue performance of $15.8 billion in 2023. The company operates through two main segments: Tools & Outdoor and Industrial. Its Tools & Outdoor segment includes well-known brands like DEWALT, CRAFTSMAN, and BLACK+DECKER, offering a wide range of power tools, hand tools, outdoor equipment, and storage solutions. The Industrial segment focuses on engineered fastening and infrastructure solutions, catering to diverse industries that require specialized components and equipment.
In recent years, Stanley Black & Decker has emphasized strategic acquisitions and divestitures to streamline its portfolio, enhance market penetration, and support innovation. The company's ongoing business transformation aims to achieve organic revenue growth, return to historical gross margins of over 35%, and optimize its operations and supply chain. Sustainability and environmental goals are also integrated into its operations, reflecting a commitment to reducing its environmental footprint while fostering a diverse and inclusive workplace.
Automaticly searches the internet using AI for the current investing thesis for Stanley Black & Decker, Inc. (SWK) and summarizes it. Only available for paid users.