Reports Q2 revenue $3.95B, consensus $3.99B. Adjusted EPS is inclusive of a tax rate benefit for the quarter due to a favorable effective settlement of audit. Donald Allan, Jr., Stanley Black & Decker’s president and CEO, commented, “We delivered a solid second quarter amid the dynamic operating environment with the continued growth of our professional DEWALT brand. With our supply chain transformation on track to completion in 2025, we are positioning the Company to embark on the next chapter of delivering sustainable growth and long term shareholder returns. Stanley Black & Decker is built on the strength of our people, iconic brands and a powerful innovation engine – attributes that transcend external market conditions.”
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