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Stanley Black & Decker Reports Higher Q2 Sales

2015-07-31 01:20:29| Appliances - Topix.net

Stanley Black & Decker reported gains in sales and profits today despite what the tools and security company called "strong headwinds" from the rising dollar, which had the effect of hurting sales in Europe. Sales in the three months ending June 30 totaled $2.9 billion, unchanged from the same period in 2014, but the level number masked an organic growth rate of 8% - offset by a negative 8% impact of currency translation, compared with 2014.

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