Stanley Black & Decker: N. America, Emerging markets returning to healthy state

October 16, 2013

The company says North America and Emerging Markets will continue to make progress in Q4 and beyond. In Europe, the company sees a situation where organic growth is still elusive and negative, which in turn is slowing the sequential rate improvement. Stanley Black & Decker sees a slight temporary deceleration in Emerging Markets associated with some of the macroeconomic environment pressure, but are not issues that will carry over into 2014. The long-term objective of 4%-6% organic growth is achievable in 2014, as well as EPS YoY growth of &%-9% associated with that. Comments taken from Q3 earnings conference call.