Tariff Refunds Lift Stanley Black & Decker Profit, But Sales Miss The Mark
Stanley Black & Decker Inc. (NYSE: SWK ) stock fell in premarket trading Wednesday after the company reported mixed second-quarter 2026 results, with earnings topping Wall Street estimates while revenue came in slightly below expectations. The company reported adjusted earnings of $1.57 per share, exceeding the analyst consensus estimate of $1.22, according to Pro. Revenue totaled $3.961 billion, narrowly missing the Street estimate of $3.967 billion. Earnings And Margins Revenue was essentially flat year over year at $3.96 billion, while organic revenue increased 3% on higher volumes. Foreign exchange added about 1% to reported sales. GAAP diluted earnings per share increased to $2.33 from 67 cents a year earlier. Net earnings rose to $351.3 million, while adjusted EPS improved from $1.08 to $1.57. Results included an approximately 17-cent-per-share benefit from net tariff refunds. E...
Stanley Black & Decker Inc. (NYSE: SWK ) stock fell in premarket trading Wednesday after the company reported mixed second-quarter 2026 results, with earnings topping Wall Street estimates while revenue came in slightly below expectations. 22, according to Pro. 967 billion.
96 billion, while organic revenue increased 3% on higher volumes. Foreign exchange added about 1% to reported sales. 33 from 67 cents a year earlier. 57.
Results included an approximately 17-cent-per-share benefit from net tariff refunds. 7 million gain on business sales, primarily related to the CAM divestiture. 7%. 3%.
564 billion, with organic sales also rising 3%. S. retail business returned to year-over-year growth. 8%, driven by productivity improvements, favorable product mix and tariff refunds.
4 million, reflecting the CAM divestiture. Organic revenue, however, increased 3%. Adjusted segment margin improved 220 basis points to 13%, supported by productivity initiatives and favorable automotive volume and mix. 3 million a year earlier.
7 million. 76 billion in total debt. 2 million shares for $250 million. 14 billion.
35. 97. 37. Free cash flow guidance was raised to $600 million to $800 million.
60. Management expects adjusted gross margin in the second half of the year to be between 34% and 35%, representing an improvement of about 200 basis points. The outlook does not include any additional tariff refunds because of uncertainty around their timing. 09 in the premarket trading on Wednesday, according to Pro data.
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