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STANLEY BLACK & DECKER (SWK)

Earnings summaries and quarterly performance for STANLEY BLACK & DECKER.

Research analysts who have asked questions during STANLEY BLACK & DECKER earnings calls.

Nigel Coe

Wolfe Research, LLC

6 questions for SWK

Also covers: AME, CARR, CNM +26 more

Christopher Snyder

Morgan Stanley

5 questions for SWK

Also covers: ALH, ALLE, AME +20 more

Julian Mitchell

Barclays Investment Bank

5 questions for SWK

Also covers: AIRJ, ALLE, AME +26 more

Michael Rehaut

JPMorgan Chase & Co.

5 questions for SWK

Also covers: AZEK, BECN, BLD +17 more

Adam Baumgarten

Zelman & Associates

4 questions for SWK

Also covers: AMWD, AWI, AZEK +12 more

Jonathan Matuszewski

Jefferies Financial Group Inc.

3 questions for SWK

Also covers: ARHS, ASO, BBBY +11 more

Timothy Wojs

Robert W. Baird & Co.

3 questions for SWK

Also covers: AAON, ALLE, AMWD +13 more

Tim Wojs

Robert W. Baird & Co. Incorporated

3 questions for SWK

Also covers: AAON, ALLE, AYI +5 more

Jeffrey Sprague

Vertical Research Partners

2 questions for SWK

Also covers: ALLE, AME, AYI +23 more

Joe O'Dea

Wells Fargo

2 questions for SWK

Also covers: ALLE, AYI, DOV +5 more

Joe Ritchie

Goldman Sachs

2 questions for SWK

Also covers: ALLE, ATS, CARR +15 more

Nicole DeBlase

BofA Securities

2 questions for SWK

Also covers: CTOS, EMR, ETN +13 more

Robert Wertheimer

Melius Research

2 questions for SWK

Also covers: ALSN, AME, CAT +12 more

Brett Linzey

Mizuho Securities

1 question for SWK

Also covers: AIRO, AIT, ALLE +15 more

Joseph O'Dea

Wells Fargo & Company

1 question for SWK

Also covers: ALLE, ATMU, AYI +15 more

Joseph Ritchie

Goldman Sachs

1 question for SWK

Also covers: ALLE, CARR, CGNX +22 more

Rob Wertheimer

Melius Research LLC

1 question for SWK

Also covers: ALSN, AME, CAT +11 more

Recent press releases and 8-K filings for SWK.

Stanley Black & Decker outlines 2026 margin and cost-reduction targets
SWK
Guidance Update
  • CFO reaffirmed long-term targets of mid-single-digit revenue growth and 35%+ gross margin by Q4 2026; full-year 2025 gross margin is ~31%, Q4 2025 was 33%.
  • 2026 financial framework: avg. gross margin of 32–33%, SG&A at 21–22% of sales, tax rate ~20%, and a targeted $200 million inventory reduction.
  • Cost-saving initiatives include $350–375 million in like-for-like COGS improvements and over $200 million of tariff mitigation by relocating SKUs out of China.
  • Supply-chain diversification aims to cut U.S. sourcing from China to <5% of COGS by end of 2026, expanding manufacturing in Mexico, Vietnam, and Thailand.
2 days ago
Stanley Black & Decker outlines targets and cost-savings at GS Industrials Conference
SWK
Guidance Update
  • Reaffirms mid-single-digit top-line growth and 35% gross margin by Q4 2026, noting tariffs have delayed the plan by about 12 months (now expected late 2026).
  • Plans $350–375 million of like-for-like COGS improvements plus $200 million+ of tariff mitigation via shifting SKUs out of China to Mexico/Asia under USMCA.
  • Will reallocate $100 million+ from back-office SG&A into product, digital and field marketing, with a brand-led focus on DeWalt, Stanley and Craftsman.
  • Targets < 5% of U.S. COGS from China by end-2026, may divest its ~$400 million aerospace fasteners unit to reduce leverage, and aims for $600 million of free cash flow in FY 2025.
2 days ago
Stanley Black & Decker updates transformation progress at Baird Global Industrial Conference
SWK
  • President & CEO Chris Nelson reported being on pace to achieve the $2 billion cost-out target and reach 35%+ margins, while targeting a 2.5× net debt/EBITDA ratio via divestiture of its aerospace fastening unit by mid-2026.
  • Shifted from a product-centric to a brand-centric model, appointing GMs for DeWalt, Craftsman, Stanley & Black & Decker Outdoor and centralizing engineering to leverage scale, reduce development time, and enhance customer focus.
  • Platform products (≥70% common components) have driven ~30% engineered material cost savings, up from 5–10%, and cut new-product launch time by 20%, with further reductions planned through 2027.
  • Built a secure in-house AI infrastructure and deployed agents for voice-of-customer analytics, customer service, and rapid sales proposals to improve speed and service.
  • Added 600 field resources over the past two years in key markets, doubling pipeline conversion velocity year-over-year and accelerating market penetration.
Nov 12, 2025, 6:35 PM
Stanley Black & Decker reports Q3 2025 results
SWK
Earnings
Guidance Update
Demand Weakening
  • Stanley Black & Decker delivered Q3 adjusted EPS of $1.43, inclusive of a $0.25 tax benefit, with Tools & Outdoor revenue flat at $3.3 billion and Engineered Fastening organic revenue growth of 5%.
  • The company achieved 31.6% adjusted gross margin (up 110 bps YoY) and generated $155 million in free cash flow, advancing toward a $600 million full-year target.
  • For full-year 2025, management forecasts $4.55 adjusted EPS, GAAP EPS of $2.55–$2.70, flat to 1% revenue decline, and approximately 31% adjusted gross margin, with Q4 margin expected near 33% ±50 bps.
  • To mitigate tariffs, the company is shifting U.S. supply from China to Mexico—aiming for <10% China-sourced supply by mid-2026 and <5% by end-2026—and remains on track to deliver $2 billion in run-rate cost savings by year-end 2025.
Nov 4, 2025, 1:00 PM
Stanley Black & Decker announces Q3 2025 results
SWK
Earnings
Guidance Update
  • In Q3, Stanley Black & Decker generated $3.8 B in revenue, flat YoY and down 1% organically, with pricing up 5% and volume down 6%.
  • Adjusted gross margin improved by 110 bps to 31.6%, and adjusted EBITDA margin rose 150 bps to 12.3%, driven by pricing strategies and supply chain efficiencies.
  • Aerospace delivered over 25% organic growth; automotive achieved low single-digit growth; general industrial fasteners declined mid-single digits; engineered fastening margin was 12.8%, up 200 bps sequentially.
  • The global cost reduction program added $120 M in pre-tax run rate savings this quarter, bringing total savings to $1.9 B since mid-2022 and on track for $2 B by year-end 2025.
  • Company guides 2025 adjusted EPS of $4.55 (GAAP EPS $2.55–$2.70), full-year revenue flat to down 1%, Q4 adjusted gross margin ~33%, free cash flow target of $600 M, and net debt/EBITDA target ≤2.5x.
Nov 4, 2025, 1:00 PM
Stanley Black & Decker reports Q3 2025 results
SWK
Earnings
Guidance Update
  • Strategy & transformation: on track for $2 billion cost reduction by year-end 2025 with $1.9 billion in run-rate savings YTD and $120 million incremental in Q3; targeting 35%+ adjusted gross margin and reducing U.S. supply from China to <10% by mid-2026 ( )
  • Q3 revenue of $3.8 billion was flat year-over-year; organic sales declined 1% driven by 5% pricing gain and 6% volume decline ( )
  • Q3 adjusted gross margin reached 31.6% (+110 bps) and adjusted EBITDA margin 12.3% (+150 bps); adjusted EPS was $1.43 (including $0.25 tax benefit) and free cash flow $155 million ( )
  • Segment highlights: Tools & Outdoor revenue of $3.3 billion flat YoY with organic –2% (pricing +5%, volume –7%) and segment margin 12% (+90 bps); engineered fastening organic growth of 5% ( )
  • 2025 guidance: adjusted EPS ~$4.55, GAAP EPS $2.55–$2.70; full-year sales flat to down 1%; full-year adjusted gross margin ~31% and Q4 margin ~33% ( )
Nov 4, 2025, 1:00 PM
Stanley Black & Decker announces Q3 2025 results
SWK
Earnings
Guidance Update
  • Revenue of $3.8 B, flat YoY as price (+5 %) and currency (+1 %) offset volume (-6 %) impact.
  • Adjusted gross margin at 31.6 %, up 110 bp YoY due to pricing and supply-chain efficiencies; targeting ~33 % in Q4.
  • Adjusted EPS of $1.43 (GAAP EPS $0.34); revised full-year EPS guidance to $2.55–$2.70 GAAP and ~4.55 adjusted.
  • Operating cash flow of $221 M and free cash flow of $155 M; liquidity of $0.3 B cash and $2.1 B commercial paper capacity (total $2.4 B).
Nov 4, 2025, 1:00 PM
Stanley Black & Decker reports Q3 2025 results
SWK
Earnings
Guidance Update
  • Third quarter net sales were $3.8 billion, flat year-over-year as pricing (+5%) and currency (+1%) gains offset a 6% volume decline.
  • GAAP EPS was $0.34, and adjusted EPS was $1.43, reflecting a tax rate benefit; gross margin expanded 150 bps to 31.4%.
  • Third quarter free cash flow was $155 million, with operating cash flow of $221 million.
  • Full-year 2025 GAAP EPS guidance was revised to $2.55–2.70, and adjusted EPS to ~$4.55; free cash flow target remains ~$600 million.
Nov 4, 2025, 11:31 AM
Stanley Black & Decker reports Q3 2025 results
SWK
Earnings
Guidance Update
  • In Q3, net sales were $3.8 billion, flat year-over-year as price (+5%) and currency (+1%) gains offset a 6% volume decline
  • Gross margin expanded 150 bps to 31.4%, with adjusted gross margin at 31.6%, driven by pricing strategies and supply chain efficiencies
  • GAAP EPS was $0.34, and adjusted EPS was $1.43, aided by a tax rate benefit
  • Operating cash flow was $221 million, delivering free cash flow of $155 million in the quarter
  • 2025 guidance updated: GAAP EPS now $2.55–$2.70 (from $3.45); adjusted EPS expected at $4.55 (from $4.65); free cash flow target remains ~$600 million
Nov 4, 2025, 11:00 AM
Stanley Black & Decker featured in builder hardware market forecast to 2030
SWK
  • ResearchAndMarkets added the Builder Hardware Market – Global Forecast to 2030 report, projecting growth from USD 52.84 billion in 2024 to USD 55.94 billion in 2025 and a 5.64% CAGR to reach USD 73.46 billion by 2030.
  • The report segments the market by product (bolts, screws, door closers, handles, hinges, locks), distribution channel, end-user application, material, operation and mounting type, and geographic region.
  • Key trends include accelerating demand for IoT-driven smart hardware, supply-chain resilience via near-shoring and digital logistics, regulatory shifts toward recycled materials, and growing modular construction adoption.
  • Enhanced U.S. tariffs in 2025 on steel, brass, and precision components are driving cost pressures, prompting manufacturers to near-shore operations and invest in automation to preserve margins.
Oct 1, 2025, 3:29 PM