Stanley Black & Decker reported revenue growth of 18.7% year over year due to a “consumer reconnection with the home & garden”, aka stay-at-home spending during the pandemic, as well as new products, beating analysts’ expectations by 6.6 percentage points. U.S. seaborne imports of tools linked to the firm rose 121.1% higher in Q4’20, likely including restocking as well as sales, while growth slowed to 26.5% in the first three weeks of January. CFO Donald Allan expects “some channel inventory rebuild” in Q1’21. Higher shipping costs are an issue with CEO James Lorree noting the firm has “...