Nov 4, 6:08 AM ET
Stanley Black & Decker reported third quarter 2026 net sales of $3.7 billion, representing a 1% decrease overall but a 4% increase on an organic basis. 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, while also announcing a new $1 billion share repurchase authorization following the completion of its previous $250 million buyback in the quarter.
- Third quarter 2026 net sales reached $3.7 billion, down 1% overall and up 4% organically.
- GAAP EPS was $1.83 and adjusted EPS was $2.31, both benefiting from approximately $0.67 in net tariff refunds.
- Full-year 2026 free cash flow guidance was increased to a range of $1.0 billion to $1.2 billion.
- The Board of Directors approved a new $1 billion share repurchase authorization on October 29, 2026.
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Jul 29, 6:22 AM ET
Stanley Black & Decker reported second quarter 2026 net sales of $4.0 billion, in line with the prior year, and diluted EPS of $2.33 versus $0.67 a year earlier. The company raised its 2026 GAAP EPS range to $4.60 to $5.45 and its adjusted EPS range to $5.20 to $5.80, and both quarterly EPS figures include a benefit from net tariff refunds.
- Net sales of $3,960.7 million, versus $3,945.2 million a year earlier; organic sales rose 3%.
- Diluted EPS of $2.33 versus $0.67; adjusted EPS of $1.57 versus $1.08. Both include about $0.17 from net tariff refunds.
- 2026 adjusted EPS guidance raised to $5.20 to $5.80 from $4.90 to $5.70; free cash flow guidance raised to $600 to $800 million from $500 to $700 million.
- During the quarter the company reduced debt by $1.7 billion and repurchased about 3.2 million shares for $250 million.
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Jun 24, 4:15 PM ET
On June 18, 2026, Stanley Black & Decker entered a $1.0 billion 364-day revolving credit agreement and an amended five-year revolving credit agreement of $2.0 billion, replacing its prior 364-day facility dated June 23, 2025. No proceeds were drawn at closing, and the filing says the funds may be used for general corporate purposes.
- 364-Day Credit Agreement: $1.0 billion revolving loan, with repayment due by June 17, 2027 unless converted to a term loan.
- Five Year Credit Agreement: $2.0 billion revolving loan, with maturity of June 18, 2031, subject to extension requests.
- Both agreements require an interest coverage ratio of at least 3.50 to 1.00, relaxed to 2.50 to 1.00 through the second fiscal quarter of 2026.
- The prior 364-day credit agreement dated June 23, 2025 was terminated in connection with the new facility.
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Apr 29, 6:07 AM ET
Stanley Black & Decker reported first quarter 2026 net sales of $3.8 billion, up 3% from a year earlier, with GAAP EPS of $0.39 versus $0.60 and adjusted EPS of $0.80 versus $0.75. The company raised its 2026 GAAP EPS guidance to $4.15 to $5.35 on an expected gain from the April 6 sale of its CAM business, and reaffirmed its adjusted EPS range of $4.90 to $5.70.
- Net sales of $3.8 billion, up 3%; organic sales flat, with lower volume in North America retail
- GAAP net earnings of $59.6 million versus $90.4 million, after $81.0 million in pre-tax non-GAAP adjustments
- CAM sold to Howmet Aerospace for $1.8 billion in cash on April 6; net proceeds of about $1.6 billion, mostly used to reduce debt
- 2026 free cash flow expected at $500 to $700 million including CAM taxes and fees; company expects share repurchases
Read the filing on SEC.gov ↗
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