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Stanley Black & Decker Q4 Top-Line Misses Consensus, Margin Shrinks; Sees FY22 EPS Above Consensus

Stanley Black & Decker Q4 Top-Line Misses Consensus, Margin Shrinks; Sees FY22 EPS Above Consensus

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Stanley Black & Decker, Inc.  SWK reported fourth-quarter FY21 revenue growth of 1.6% year-over-year to $4.1 billion, led by acquisitions and price realization, missing the consensus of $4.49 billion. The gross margin was 28.3% compared to 35.1% a year ago, and the adjusted gross margin was 29%, down 630 bps.

...read full article on Benzinga

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