While reporting first-quarter results on Thursday, Stanley Black & Decker (SWK) reduced its full year 2022 adjusted EPS guidance to $9.50 - $10.50 from prior guidance range of $12.00 - $12.50. The company lowered GAAP EPS guidance range to $7.20 - $8.30, from $10.10 - $10.70. Free cash flow is expected to be approximately $1.0 to $1.5 billion.
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