Tool Maker Stanley Black & Decker Is Raising Prices

Mr. Lori discusses the company's earnings, highlighting an increase in earnings per share due to strong volume but noting challenges from supply chain issues and inflation. The company has implemented price increases to offset costs and expects continued growth with new product innovations. Efforts are underway to resolve supply chain bottlenecks, with collaboration from the administration and industry partners.

What new technology did the company introduce in their power tools?

What challenges does the company face regarding supply chain bottlenecks?

How does the company plan to address the supply chain issues in collaboration with the government?