Stanley black & decker reports 2q 2022 results

Second quarter revenues of $4.4 billion, up 16% versus prior year, led by acquisitions in outdoor power equipment and price realization completion of security divestitures in july generated $4.1 billion in cash proceeds, strengthening balance sheet and fueling capital allocation priorities implementing global cost reduction program expected to deliver pre-tax savings of $1 billion by end of 2023 and grow to approximately $2 billion within 3 years. new britain, conn.
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