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Benzinga
Benzinga
Business
Akanksha Bakshi

Tariff Challenges Persist For Stanley Black & Decker, Cuts Outlook

SWK
Konskie,,Poland,-,February,09,,2024:,Stanley,Black,And,Decker

Stanley Black & Decker, Inc. (NYSE:SWK) shares were volatile Tuesday after the company reported its third-quarter results.

The company reported net sales of $3.756 billion, up 0.1% year-over-year, as price increases (+5%) and favorable currency movements (+1%) offset lower volume (-6%).

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