Professional tools and equipment companies are crushing it—revenues up nearly 2% above forecasts, with next-quarter outlooks soaring over 14%. Automation and data-driven gear are fueling demand. Kennametal leads the pack with a 42% revenue surge, smashing expectations and raising full-year guidance—but its stock is down 13% since the report. Meanwhile, Stanley Black & Decker and Lincoln Electric saw stock gains despite mixed results, while Hyster-Yale’s revenue dropped 15% and Hillman posted modest growth. Investors seem to want more, even as the numbers keep getting better.
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