Who Optimizes SG&A Costs Better? Lennox International Inc. or Stanley Black & Decker, Inc.

SG&A Cost Management: Lennox vs. Stanley Black & Decker

__timestampLennox International Inc.Stanley Black & Decker, Inc.
Wednesday, January 1, 20145737000002595900000
Thursday, January 1, 20155805000002486400000
Friday, January 1, 20166210000002623900000
Sunday, January 1, 20176377000002980100000
Monday, January 1, 20186082000003171700000
Tuesday, January 1, 20195859000003041000000
Wednesday, January 1, 20205559000003089600000
Friday, January 1, 20215989000003240400000
Saturday, January 1, 20226272000003370000000
Sunday, January 1, 20237055000002829300000
Monday, January 1, 20247306000003310500000
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Unveiling the hidden dimensions of data

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive landscape of industrial manufacturing, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Lennox International Inc. and Stanley Black & Decker, Inc. have been at the forefront of this challenge since 2014. Over the past decade, Lennox has demonstrated a steady control over its SG&A costs, with an average annual expense of approximately $620 million. In contrast, Stanley Black & Decker's SG&A expenses have averaged around $2.94 billion, reflecting the scale of its operations.

Interestingly, Lennox's SG&A costs have increased by about 27% from 2014 to 2023, while Stanley Black & Decker saw a 9% rise over the same period. The data for 2024 is incomplete, highlighting the need for continuous monitoring. This analysis underscores the importance of strategic cost management in sustaining competitive advantage in the industrial sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025