Does Stanley Black & Decker Have the Tools to Overcome Headwinds in Q3?
It's been a volatile 2019 for Stanley Black & Decker (NYSE: SWK), and though the toolmaker's stock stands 23% higher than where it started the year at, over the last six months it's only gained 1%. And during that six-month period, Stanley shares have whipsawed back and forth as investors wonder whether its earnings gains can hold.
With the owner of well-known brands including Craftsman, Irwin, DeWalt, Porter-Cable, and Lenox scheduled to report third-quarter earnings on Thursday, Oct. 24, let's take a look at whether Stanley Black & Decker will be taking investors on another wild ride.
Image source: Craftsman.
Source Fool.com
