(RTTNews) - While reporting first-quarter results on Thursday, Stanley Black & Decker (SWK) reduced its full year 2022 adjusted EPS guidance to $9.50 - $10.50 from prior guidance range of $12.00 - $12.50. Stanley Black & Decker noted that inflationary trends continued during the first quarter and the company is responding with additional pricing actions to be implemented in the coming weeks. Stanley Black & Decker is adjusting its plan accordingly as well as incorporating the impact of strategic divestitures and the closure of Russia business into its revised guidance.