Stanley Black & Decker, Inc. or U-Haul Holding Company: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: Stanley Black & Decker or U-Haul?

In the competitive landscape of corporate America, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Stanley Black & Decker, Inc. and U-Haul Holding Company have shown contrasting approaches. From 2014 to 2023, Stanley Black & Decker's SG&A expenses fluctuated, peaking in 2022 with a 30% increase from 2014. In contrast, U-Haul's expenses decreased by nearly 77% over the same period, showcasing a more efficient cost management strategy.

While Stanley Black & Decker's expenses were consistently higher, reflecting its larger operational scale, U-Haul's significant reduction in 2023 highlights its strategic focus on cost efficiency. Missing data for 2024 suggests ongoing adjustments. As businesses navigate economic challenges, these insights underscore the importance of strategic SG&A management in sustaining competitive advantage.