Stanley Black & Decker overcame a soft demand environment to deliver a top and bottom line beat Thursday, but the stock is falling because the toolmaker simply reiterated its guidance. That's a fate shared by home-improvement peers and many other companies this earnings season. We added to our position on the pullback. Revenue fell 2% year over year in the January-to-March period to $3.87 billion, edging out the $3.82 billion expected by analysts, according to estimates compiled by LSEG.
Stanley Black & Decker power drills are displayed for sale at a Home Depot store in Colma, California.overcame a soft demand environment to deliver a top and bottom line beat Thursday, but the stock is falling because the toolmaker simply reiterated its guidance. That's a fate shared by home-improvement peers and many other companies this earnings season. We added to our position on the pullback.
Source: News Formal (newsformal.com)
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Recall Issued for Certain Black+Decker Steamers Due to Burn HazardCertain Black+Decker steamers have been recalled because they can "expel, spray, or leak hot water," posing a burn hazard to the user. The recall affects four models of the Easy Garment Steamers, with a total of 1.6 million units impacted, including those previously repaired in a 2022 recall. The U.S. Consumer Safety Commission reported 317 incidents of hot water expelling from the steamers, resulting in 82 burn injuries, including seven second-degree burns. The affected steamers were sold at various retailers nationwide between June 2021 and February 2024.
Source: FOX4 - 🏆 289. / 63 Read more »
Black+Decker garment steamers recalled due to potential burn hazardAn additional 1.6 million Black+Decker garment steamers have been recalled due to a burn hazard, adding to the more than 500,000 that were recalled in November 2022.
Source: ABC7 - 🏆 67. / 68 Read more »
Black+Decker Easy Garment Steamers Recalled Due to Burn HazardThe impacted products include Black+Decker Easy Garment Steamers with the model numbers HGS011, HGS011F, HGS011S, and HGS011T. The recalled steamers can potentially release, spray or leak hot water while in use, posing a burn risk. More than 500,000 Black+Decker Easy Garment Steamers were previously recalled in November 2022. The repaired steamers are also being recalled as there have been reports of burn injuries, even after steamers were fixed. The recalled steamers were manufactured in China and came in multiple colors with large handles and the BLACK+DECKER name on the base of the product. They measure about 11 inches high and 6 inches wide. The steamers impacted by the recall were sold online, including on Amazon and Blackanddeckerappliances.
Source: ABC7Chicago - 🏆 284. / 63 Read more »
Black+Decker garment steamers recalled due to potential burn hazardAn additional 1.6 million Black+Decker garment steamers have been recalled due to a burn hazard, adding to the more than 500,000 that were recalled in November 2022.
Source: ABC7NY - 🏆 592. / 51 Read more »
Black+Decker steamers recalled after 82 reports of burn injuriesCertain Black+Decker steamers have been recalled because they can “expel, spray, or leak hot water,' posing a burn hazard to the user, the CPSC said.
Source: fox13seattle - 🏆 328. / 59 Read more »
2 million Black & Decker clothing steamers are under recall after dozens of burn injuriesAbout 2 million Black & Decker-branded clothing steamers are now under recall after consumers reported dozens of burn injuries that resulted from hot water spewing out of the devices.
Source: KSLcom - 🏆 549. / 51 Read more »