Here's Why Hold Strategy is Apt for Stanley Black & Decker Stock Now
Stanley Black & Decker(SWK) ZACKS·2025-01-10 01:16
Stanley Black & Decker, Inc. (SWK) is poised to benefit from its cost-reduction program, which is expected to aid the bottom line and drive margins. The program comprises a series of initiatives to resize the organization, reduce inventory and optimize the supply chain for pursuing sustainable long-term growth.Since its inception in mid-2022, this program has generated roughly $1.4 billion in pre-tax run-rate savings and reduced inventory by more than $2 billion. The company is expected to generate pre-tax ...