More on Stanley Black & Decker's Q1

|About: Stanley Black & Decker, Inc. (SWK)|By:, SA News Editor

Stanley Black & Decker (SWK) reports it expanded operating margins by 30 bps in Q1 to 12.1% as cost synergies and productivity gains kicked in.

The CDIY segment saw a 6% increase in revenue to $1.22B, while the Industrial segment rose 16% to $852M as acquisitions factored in.

The company lifted the low end of its 2014 EPS guidance to $5.35-$5.50 from $5.30-$5.50.