Stanley Black & Decker profits rise

NEW BRITAIN, Conn. — Stanley Black & Decker posted Q1 earnings of $393 million, or $2.59 per share, compared to $189.4 million a year earlier. Net sales of 2.8 billion represented a 5% increase from last year. The company has been aggressively pursuing expansion, adding the Lenox, Irwin, and Craftsman’s brands during the quarter.