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SHAREHOLDER ALERT: Kaskela Law LLC Announces Shareholder Investigation of Stanley Black & Decker, Inc. (NYSE: SWK) and Encourages Long-Term SWK Investors to Contact the Firm

1. Kaskela Law is investigating SWK for securities fraud. 2. The complaint involves false statements on product demand. 3. SWK's earnings guidance was revised down due to declining sales. 4. Stock dropped over 16% after disappointing second quarter results. 5. Investigation seeks to determine potential board misconduct.

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Why Bearish?

The investigation may lead to negative sentiment and further stock decline, reminiscent of past events where stock fell sharply due to similar issues.

How important is it?

Legal investigations can significantly affect investor confidence and stock performance, impacting SWK's market valuation.

Why Short Term?

The immediate impact from legal investigations is typically quick to affect stock prices, as seen in previous lawsuits affecting stock performance.

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SWK
PHILADELPHIA, Feb. 17, 2025 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Stanley Black & Decker, Inc. (NYSE: SWK) (“Stanley”) on behalf of the company’s long-term investors. Click here for additional information: https://kaskelalaw.com/case/stanley-black-decker/ Recently a securities fraud complaint was filed against Stanley on behalf of investors who purchased shares of the company’s stock between October 28, 2021 and July 28, 2022. According to the complaint, during that time period Stanley and certain of the company’s senior executive officers made a series of materially false and misleading statements concerning a deteriorating level of demand for the company’s products. As detailed in the complaint, on April 28, 2022, Stanley reported that its Tools & Outdoor net sales had fallen for the reporting quarter, and that Stanley was accordingly revising its earnings per share guidance down for fiscal year 2022. Additionally, Stanley disclosed that the company’s gross margin dropped “610 basis points from prior year as price realization was more than offset primarily by commodity inflation, higher supply chain costs to serve demand and lower volumes.” Following this news, Stanley’s stock fell $12.01 per share, or over 8.5% in value, to close on April 28, 2022 at $127.13 per share, on unusually heavy trading volume. Then, on July 28, 2022, Stanley held a conference call to discuss its second quarter fiscal 2022 financial and operational results and revealed that, due to a sharp slowdown in consumer demand for power tools in May through June 2022: (i) sales volumes had shrunk by double digits, (ii) the Company’s net income for its second quarter had plunged to $87.6M compared to $459.5M in the year-earlier quarter, and (iii) that Stanley was cutting its 2022 earnings per share guidance by nearly half. Following these additional disclosures, shares of Stanley’s stock fell an additional $18.87 per share, or over 16% in value, to close on July 28, 2022 at $98.58 per share, again on heavy trading volume. The investigation seeks to determine whether the members of Stanley’s board of directors violated the securities laws and/or breached their fiduciary duties in connection with the above alleged misconduct. Stanley shareholders who purchased or acquired their shares prior to April 28, 2022 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750 or (888) 715 – 1740 for additional information about this investigation and their legal rights and options, or by clicking on the following link (or if necessary, copying and pasting the link into your browser): https://kaskelalaw.com/case/stanley-black-decker/ Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. CONTACT: KASKELA LAW LLC D. Seamus Kaskela, Esq.(skaskela@kaskelalaw.com)Adrienne Bell, Esq.(abell@kaskelalaw.com)18 Campus Blvd., Suite 100Newtown Square, PA 19073(888) 715 – 1740(484) 229 – 0750www.kaskelalaw.com This notice may constitute attorney advertising in certain jurisdictions.

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