Stanley Black & Decker Reports Q3 Results, Raises 2026 Guidance
Stanley Black & Decker reported adjusted EPS of $2.31 versus FactSet consensus of $1.55, while revenue was $3.73 billion against $3.74 billion expected. It raised full-year adjusted EPS guidance and lifted its free cash flow outlook to $1.0 billion-$1.2 billion from $600 million-$800 million, and authorized up to $1 billion in share repurchases through October 29, 2029.
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Stanley Black & Decker, Inc. released its third-quarter 2026 financial results, reporting adjusted earnings of $2.31 per share, which surpassed the FactSet consensus estimate of $1.55. Quarterly revenue was $3.73 billion, slightly below the anticipated $3.74 billion. Alongside the results, the company raised its full-year 2026 adjusted EPS guidance and increased its free cash flow outlook to a range of $1.0 billion to $1.2 billion, up from the previous $600 million to $800 million forecast.
Additionally, the board approved a new share repurchase authorization of up to $1 billion, effective through October 29, 2029. The company noted that the improved cash flow guidance incorporates year-to-date tariff refunds and projected taxes and fees related to the divestiture of its Consolidated Aerospace Manufacturing business.