Stanley Black & Decker, Inc.

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Stanley Black & Decker reported fourth quarter 2017 net sales of $3.4 billion, up 17% compared to net sales of $2.9 billion in the fourth quarter 2016.

For the full year, 2017 net sales increased 12% to $12.7 billion from $11.4 billion in the prior year.

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Citing growth across its portfolio, Stanley Black & Decker posted third-quarter revenues of $2.76 billion, up 10% from the same period last year.

Net earnings increased to $166.0 million, up from $115.2 million. 

“Growth was robust across the portfolio with our CDIY and Industrial segments posting another strong organic growth quarter, and with the exception of Europe, Security also achieved solid, mid-single digit organic growth," said CEO John Lundgren.

Strong organic growth was the story emanating from New Britain, Connecticut-based Stanley Black & Decker, which posted third-quarter sales and earnings growth Wednesday morning. 

The company reported net sales of $2.90 billion in the third quarter, up from $2.76 billion in the same quarter last year. Net income for the company of multiple brands and wide-ranging markets amounted to $236.7 million, compared with $166.0 million last year.