The end of DIY home-improvement boom


THE pandemic boom in do-it-yourself (DIY) home improvement projects is officially over.

Stanley Black & Decker Inc on Thursday chopped its 2022 earnings guidance nearly in half, citing a significant slowdown in consumer demand for power tools beginning in late May and accelerating through June.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

U Mobile and TM hold 5G kick-off meeting
Maybank ready to aid customers
Ringgit closes nearly flat versus greenback
5E Resources IPO oversubscribed
Maybank ready to support customers amid current geopolitical uncertainties
Empire Sushi IPO retail offering oversubscribed 23.30 times
Cahya Mata deputy chairman Mahmud Abu Bekir Taib files suit
Ringgit closes nearly flat vs greenback amid ongoing Middle East conflict
U Mobile, TM holds 5G kick-off meeting, agreement being finalised
Oil prices hover around US$110/bbl as Hormuz stays shut ahead of Trump deadline

Others Also Read