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Stanley Black & Decker Why we own it: Stanley Black & Decker is in the later innings of a multi-year restructuring plan. The one problem is the broader demand environment is still mostly soft, preventing management from raising the midpoint of its outlook. This dynamic makes Stanley Black & Decker one of the more interest-rate-sensitive stocks we have in the portfolio. Stanley Black & Decker has been paying a dividend for 147 consecutive years, with increases in each of the past 56. Stanley Black & Decker power drills are displayed for sale at a Home Depot store in Colma, California.
Persons: Stanley Black, Decker, we're, there's, Stanley, Patrick Hallinan, Hallinan, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: Revenue, LSEG, Bosch, Techtronic Industries, Management, Industrial, CNBC, Bloomberg, Getty Locations: Colma , California
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTTI's supply chains are positioned for flexibility no matter who is in the White House: CEOJoe Galli, CEO of Techtronic Industries says there is huge potential in customer conversion to cordless power tools regardless of economic fluctuations.
Persons: Joe Galli Organizations: Techtronic Industries
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPower tool demand is 'split' among U.S. consumers post-pandemic: TTI CEOTechtronic Industries CEO Joseph Galli explains the shift in power tool usage and demand in the U.S. after the Covid-19 pandemic.
Persons: Joseph Galli Organizations: Techtronic Locations: U.S
Global supply chains grew overwhelmed as they struggled to deliver. But Prange said most of his supply chain had stabilized - meaning he was able to get most of what he needed - by the end of 2021. "One of the headwinds is inflation," said Kevin Austin, the supply chain chief for Toyota Motor North America. Meanwhile, the global supply chain snarls of the pandemic have diminished. The New York Fed's Global Supply Chain Pressure Index ticked down to a reading of -1.32 in April, compared to a revised -1.15 in March.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe've taken market share from our competitors for 14 years, says power tool companyJoseph Galli, CEO of Techtronic Industries, says it's been focused on cordless power tools for the last 15 years.
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