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Stanley Black & Decker Targets 35% Margin as Tool Brands Gain Traction

Published by MarketBeat · United States 3 h ago

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Detailed summary

Stanley Black & Decker (NYSE:SWK) is targeting a gross margin of 34% to 35% in 2027 as it focuses on brand growth, product development and simpler supply chains, President and CEO Chris Nelson said at Baird’s Global Industrial Conference. The company reported roughly 4% organic growth in the th

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