Stanley Black & Decker announced an agreement to sell its Excel Industries subsidiary, which manufactures professional-grade ride-on and zero-turn mowers under the Hustler brand, to Bad Boy Mowers JV Acquisition, LLC. The transaction, dated September 1, 2026, involves assets expected to generate approximately $300 million in FY 2026 revenue. Proceeds will support the company's strategy to refine its portfolio and focus on high-growth opportunities within its Outdoor business segment. The deal is subject to regulatory approvals and customary closing conditions. Stanley Black & Decker operates as a global leader in tools, storage, and outdoor products.

Stanley Black & Decker reported second quarter 2026 results on July 29, 2026, with net sales of $4.0 billion and diluted EPS of $2.33. The company raised its full-year 2026 GAAP EPS guidance to a range of $4.60–$5.45 and adjusted EPS to $5.20–$5.80, citing benefits from net tariff refunds and the April divestiture of Consolidated Aerospace Manufacturing. During the quarter, Stanley Black & Decker reduced debt by $1.7 billion and repurchased approximately 3.2 million shares for $250 million. The company operates in the tools and outdoor solutions industry.

On June 18, 2026, Stanley Black & Decker entered into two credit agreements. The first is a $1.0 billion 364-Day Credit Agreement maturing June 17, 2027, which replaces a previous 364-day agreement dated June 23, 2025. The second is an Amended and Restated Five Year Credit Agreement providing a $2.0 billion revolving credit loan maturing June 18, 2031, with an $800 million sub-limit for swing line advances. Both agreements require a minimum interest coverage ratio of 3.50 to 1.00, with a temporary reduction to 2.50 to 1.00 for periods ending on or before the second fiscal quarter of 2026. Proceeds from both facilities are designated for general corporate purposes. The company operates in the tools and outdoor products industry, designing and manufacturing power tools and hardware.