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News Breaks
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November 5, 2009
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| 16:50 EDT |  | SWK |
| theflyonthewall.com: | Stanley Works lowers FY09 guidance | | The company expects to record a one time charge in Q4 of $18M, reflecting fees and expenses related to the Black & Decker transaction, the majority of which are non tax-deductible. As a result, management lowers FY09 EPS guidance to $2.61-$2.71 vs. consensus $2.84-$2.94 vs. consensus $2.58. Management continues to expect gross margins of 40% and free cash flow to be in excess of $300M for the full year. :theflyonthewall.com |
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February 8, 2012
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| 23:34 EDT |  | SWK |
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