Stanley Black & Decker, Inc.

Stanley Black & Decker, Inc. Earnings Recaps

SWK Industrials 2 recaps
Q1 2026 Apr 30, 2026

Stanley Black & Decker shares closed essentially flat following first quarter earnings, as results and updated outlook appeared well-aligned with market expectations. Modest revenue growth, steady margins, and ongoing strategic moves left investors largely unmoved.

Key takeaways
  • First quarter revenue increased 3% year-over-year (flat organically), ahead of internal expectations, with Tools & Outdoor up 2% and Engineered Fastening up 10% on a reported basis.
  • Adjusted gross margin was 30.2%, down 20 basis points year-over-year; adjusted EBITDA margin of 9.2% declined 50 basis points, though both were within planned ranges.
  • Adjusted EPS of $0.80 surpassed the prior guidance range ($0.55–$0.60).
  • Tools & Outdoor organic revenue declined 1%, driven by a 5% volume drop, most notably in North America’s retail channel; outdoor product categories showed early season strength.
  • Completed sale of the Aerospace Fasteners business, directing ~$1.6 billion net proceeds primarily to debt reduction; Board has authorized share repurchases as balance sheet improves.
Q3 2025 Nov 4, 2025

Stanley Black & Decker reported strong progress in its strategic transformation during Q3 2025, with a focus on brand activation and operational excellence positioned to drive future growth.

Key takeaways
  • On track to achieve $2 billion in cost reductions by year-end 2025 while targeting a 35% adjusted gross margin.
  • Successfully implemented a brand-led marketing strategy, enhancing engagement with end users through dedicated trade specialists and innovation-focused initiatives.
  • Positive momentum in key brands: DEWALT continues to lead in organic growth, supported by initiatives to train and upskill tradespeople.
  • Operational improvements are yielding gains in productivity, expected to contribute to margin expansion and fund future growth investments.