Stanley Black & Decker ties Q2 profits to strong sales

07/29/2013 | USA Today · Hartford Courant (Conn.), The

Stanley Black & Decker's second-quarter profits reached $187.1 million in the period ended June 29, up by 21% from $154.8 million last year. The company also posted net sales of $2.87 billion for the quarter, up from $2.57 billion in the same period the previous year. "We anticipate stronger second-half organic growth performance," said John F. Lundgren, CEO of Stanley Black & Decker.

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USA Today · Hartford Courant (Conn.), The

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