Earnings ·
Stanley Black & Decker raises 2026 EPS guidance to $5.45-$5.85 and approves new $1 billion share repurchase authorization
SWKStanley Black & Decker, Inc.
Stanley Black & Decker reported third-quarter 2026 net sales of $3.7 billion, down 1% year-over-year but up 4% organically, driven by strength in U.S. retail and commercial channels within its Tools & Outdoor segment. Adjusted earnings per share reached $2.31, benefiting from approximately $0.67 in net tariff refunds. The company raised its full-year 2026 GAAP EPS guidance to a range of $5.45 to $5.85 and adjusted EPS to $5.95 to $6.25, citing improved margin expansion and cash flow expectations. Additionally, the Board approved a new share repurchase authorization for up to $1 billion, replacing the prior program that was fully utilized with $250 million in incremental buybacks during the quarter. Stanley Black & Decker is a global leader in tools, outdoor solutions, and engineered fasteners.