Tariffs can be good for 'certain industries': Stanley Black & Decker CEO [Yahoo! Finance Canada]
Stanley Black & Decker, Inc. (SWK)
Last stanley black & decker, inc. earnings: 4/30 06:00 am
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Source: Yahoo! Finance Canada
Don Allan joins Yahoo Finance executive editor Brian Sozzi for a conversation about the company's transformation, that entails cutting $2 billion in costs and ramping up the brand's supply chain and innovation. "Mortgages need to get closer to about 5%... we're still in the sixes. And when we get there I actually think it's going to free up a lot of activity around people changing homes," Allan explains. "One of the things happening right now is that home sales are very, very low because people are locked in on an average mortgage of around 3%, maybe even less." Alongside DIY retailers Lowe's ( LOW ) and Home Depot ( HD ), Stanley Black & Decker is a housing market indicator of sorts gauging Americans' interest in home projects, especially for homeowners getting ready to sell. "We've built a plan around supply chain to continue to mitigate and reduce our China exposure. I mean, ten years ago, even eight years ago, 40% of what we sold in the US came from China. Today, that number
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News
- Stanley Black & Decker Announces Upcoming ConferencesPR Newswire
- Construction and Automotive Surge Propel BENELUX Power Tool Market to Projected USD 1,944.8 Million by 2034 with 5.2% CAGR | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
- Our brands portfolio is the best in the industry, says Stanley Black & Decker CEO Donald Allan Jr. [CNBC]CNBC
- Stanley Black & Decker CEO on potential Trump tariffs: Tool prices will go up [Yahoo! Finance Canada]Yahoo! Finance Canada
- Nvidia Q3 results, Stanley Black & Decker CEO: Asking for a Trend [Yahoo! Finance Canada]Yahoo! Finance Canada
SWK
Earnings
- 10/29/24 - Beat
SWK
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form 8-K
- 11/8/24 - Form SC
- SWK's page on the SEC website