From king of power drills to king of industrial stocks: Techtronic Industries creates a myth of an 18-consecutive-year increase in gross profit margin

Techtronic tools up 18-year streak of gross margin gains

The power tool maker’s first-half profit beat market expectations, sending its stock soaring as its market capitalization passed $33 billion Key Takeaways: Techtronic reported its gross profit margin rose to…

Techtronic Powers Down After Covid Boom

Power tool maker’s revenue grew just 10% in the first half of 2022, much slower than last year’s 52% rate, as DIY activity returned to more normal levels with the…