The company’s earnings more than tripled to $351.3 million compared to last year, driven by increased power tool demand and a pretax benefit from tariff refunds.

Stanley Black & Decker (SWK) Q2 earnings beat estimates and full-year guidance gets a boost despite revenue missing forecasts.

The company’s earnings more than tripled to $351.3 million compared to last year, driven by increased power tool demand and a pretax benefit from tariff refunds.