shares of stanley black  decker swk dove 46 in premarket trading thursday after the tools maker reported fourthquarter results that beat expectations but provided a fullyear profit outlook that was less that what was forecast the company swung to a net loss of 450 million or 34 cents a share from net income of 3281 million or 199 a share in the yearago period excluding nonrecurring items the adjusted pershare loss of 10 cents beat the factset loss concerns of 34 cents sales inched up 01 to 399 billion from 398 billion while the factset consensus was for a decline to 388 billion as strength in outdoor power equipment acquisition and a 7 increase in prices offset a 10 drop in volume the company said it realized 135 million of cost savings primarily from a reduced workforce and indirect spend directions for 2023 the company expects adjusted eps of breakeven to 200 well below the factset consensus of 407 the stock has rallied 244 over the past three months while the sp 500 spx has gained 96