Stanley Black & Decker credits overseas sales for higher Q3 earnings

10/17/2011 | Wall Street Journal, The · Reuters

Stanley Black & Decker reported its third-quarter earnings climbed 25%. But sales were down for hand tools in the U.S. "With little to no market growth in many of the industries and developed regions where we have a presence, it is successful new-product introductions and ongoing value propositions that have resulted in the market share gains crucial to our company's success," said Stanley Black & Decker President and CEO John Lundgren.

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Wall Street Journal, The · Reuters

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